Billing Software Resources

Articles, Glossary Terms, Discussions, and Reports to expand your knowledge on Billing Software

Resource pages are designed to give you a cross-section of information we have on specific categories. You'll find articles from our experts, feature definitions, discussions from users like you, and reports from industry data.

Contents

Billing Software Articles

Top 9 Free Invoice Management Software for 2024

Unpaid invoices haunting your dreams? Managing multiple clients and tracking expenses can turn into a nightmare for fast-growing small businesses. You might find yourself spending hours creating client invoices, approving vendor bills, tracking your payments, and managing financial records rather than focusing on the heart of your business.

by Soundarya Jayaraman

11 Best Billing Software In India in 2024

Sorting out your financial needs is one of many building blocks to revenue growth.

by Shreya Mattoo

The Role of Artificial Intelligence in Accounting

Accounting is one of the most important, yet daunting and expensive departments in almost all companies. Accountants oversee all financial operations of a business to help it run smoothly and efficiently. These include preparing and analyzing financial statements (e.g., cash flow, income statement, balance sheet), paying taxes on time, and maintaining the companies’ general ledger (GL). All these tasks require a great deal of human interaction that takes time and money; no matter how careful an employee may be, there is always the chance for human error, which could snowball and lead to devastating financial results in the future.

by Nathan Calabrese

Billing Software Glossary Terms

Billable Hours

Billable hours are time spent working on tasks that are chargeable to the client. Learn the best practices for incorporating billable hours into business.

by Holly Landis

Bill and Hold

A bill and hold transaction is how companies record revenue for goods that haven't been delivered. Discover the transaction method and criteria to use it.

by Martha Kendall Custard

Retainer Fee

A retainer fee is paid upfront to consultants, lawyers, or freelancers to secure their services. Learn more about its types and benefits.

by Aayushi Sanghavi

Billing Software Discussions

Question on: BQE CORE

If I delete my account does my product leave G2?

If I delete my account, will any product I updated to G2 be removed with it?

hi Jamie, we don't remove products from our site unless they are acquired or sunsetted. The product and seller profile for Nimbella will still be live on G2 if you delete your account.

Answered: Gabriel Gheorghiu on May 18, 2022

Your answer

Question on: BILL AP/AR

Can we integrate Bill.com into Time Doctor?

Time Doctor is what we use to track time and productivity for all our contractors. Curious to know if we can integrate the two systems for a seamless invoicing and payment management process.

As a user of Bill.com, I do not believe there's sync-like integration with Time Doctor directly as it is designed to sync with accounting platforms like Quickbooks, Zero, Netsuite, and Sage. Not sure if you are using any of these stand-alone accounting platforms with Time Doctor. Since Time Doctor integrates with Quickbooks too, a workaround, would be to setup Quickbooks, connect to Bill.com sync and use Quickbooks as an intermediary for data integration. Just a thought...and only useful if the benefits of Bill.com outweigh the extra effort to setup and maintain Quickbooks just for data integration. Alternatively, you could retain a developer to use the APIs for both platforms to provide the integration you seek.

Answered: Mark Lindsay on June 26, 2020

Your answer

Question on: Maxio

What has been people's experience using SaaSOptics with either Netsuites or Intacct?

I'm curious to know the pros/cons of using SaaSOptics in conjunction with Intacct or Netsuite. Both of those solutions offer native rev rec and billing, but I wonder if there is an advantage in keeping SaaSOptics when the time comes to upgrade to a more robust type of solution.

As our customers grow we understand they may eventually need Netsuite or Intacct for more robust GL capabilities. There are a number of advantages to keeping SaaSOptics when you are considering such a change. One advantage is we can make the transition from your old to new GL system seamless. SaaSOptics is designed to plug directly from Quickbooks or Xero to Netsuite or Intacct with no disruption to your billing, collections, revenue recognition, or SaaS metrics reporting. If customers elect to keep billing, collections, and rev rec in SaaSOptics, they can seamlessly push their customer records and invoices into the new system. We have found this saves our customers considerable time and money when they are in implementation. The next advantage to keeping SaaSOptics is our robust SaaS metrics reporting. Customers may be surprised by the lack of true SaaS metrics available in Netsuite or Intacct once in implementation or live on the new platform. In some cases, the SaaS metrics provided are inherently based on GAAP numbers and simply re-labeled as “ACV” or “ARR.” When customers realize the metrics are not what they truly need, they are faced with the difficult decision of investing significant time and money for a customized build out of their metrics in their new system; or, reverting to excel. Neither of these solutions are designed to scale with their business. SaaSOptics provides these metrics out-of-the box through our analytic reports and empowers the actual day-to-day users with the information they need to run their business. - Jon, Senior Product Manager at SaaSOptics.