
Automated Billing
Automated billing refers to the process of using technology to handle invoicing and payment collection without manual intervention. Businesses set up recurring charges for services or products, and the system automatically generates invoices and processes payments on a scheduled basis, such as monthly or annually. This reduces administrative effort, minimizes errors, and ensures timely payments. Customers often benefit from convenience, as they can set up payments to occur seamlessly, avoiding the need to remember due dates. Overall, automated billing streamlines financial transactions for both businesses and their customers.