Small Business Growth Hacking Tips
Why Should Businesses Use Online Billing/Invoicing System?
Online Billing sometimes also referred as eBilling is currently a popular option to deliver Bills or Invoices. In recent all utility bills are being delivered in the form of electronic bills. This was quite old practice in eCommerce and Web Hosting companies, but now others are also following the trend. The ultimately aims at reducing current cost of at least 60% for bill issuers and reducing payment cycle.
Paper bills are replaced by electronic bills by many organizations. Customers can view their Invoices or Bills authorized online portal or can receive them in an email.
In 2014, it is estimated that roughly 350 million paperless bills were sent out through online invoicing systems. More than 5 million companies and around 80 million consumers made use of online billing systems.
Continue reading on our blog for "Top advantage of using online billing Systems".
ShimBi Labs is the developer of ShimBi CMS Budo and ShimBi MyBilling like very innovative, simple, powerful yet affordable products for small and medium size businesses. We are also specialist in web and mobile application developments for SMB and SME.