Wholesale billing is a web-based system that enables telecom operators to track, accumulate and take care of their billing services entirely through their facilities. Billing services allow tracking the products, generating and sending invoices to the customers, and also receiving payments for that products. Wholesale billing consists of end-to-end support for bill cycle, automatic with product flexibility for mobile and fixed wholesale products. Wholesale billing software utilizes inventory management, accounting, and invoicing, and keeps expenses in order. It is suitable for small businesses as it makes workflow efficient and free from mistakes.
Importance of Wholesale billing software:
Customers get a flawless shopping experience by using wholesale billing software. Invoicing software helps to generate invoices quickly and make sure that you receive faster payments. Wholesale billing software helps to reduce workload and you can have a track of ongoing activities. Billing software also saves printing and postage costs, reduces deadlines, and streamlines business workflow through wholesale billing processing. Gaining efficiency and cost savings are the two key advantages of billing software.
Best invoicing software and its features:
There are several wholesale billing software in the market. Based on the features, working ability, and importance we find out the significant wholesale billing software which works efficiently in business.
Zoho Invoice:
Zoho Invoice is a free cloud-based invoicing software designed to help small businesses with invoicing, tracking expenses, and also accepting online payments. Zoho is currently being used by 180 countries. Seventy million users use it, and around 30 million emails are processed in Zoho Mail daily. With the support of multiple currencies and languages, Zoho Invoice makes it easier for businesses to work with clients across the global market.
Customize Invoice templates: With customizable templates, anyone can extend their brand from their website to invoices for a consistent, professional image. Invoice in multiple currencies: With the help of multi-currency invoicing support we can bill customers in the right currency for their location.
Create projects from estimates: We can give customers a blueprint of the project with estimates, once you get it approved you can directly create a project from the estimate.
Configure payment gateways: Zoho Invoice integrated with more than 10 gateways to provide secure transactions in the global market.
Benefits of Zoho Invoice:
- Accessibility on mobile
- Expense tracking
- Project time tracking
- Affordable prices and simplified estimates
- Reliable payments gateways
Quick book Commerce: It is cloud-based wholesale billing software that is well suited for small and medium-sized wholesale and e-commerce companies. Customers of this software operate in a variety of industries such as electronics, food, beverages, healthcare, fashion, etc. Quick book commerce automates the order routing process by aligning sales and inventory information. It has some significant benefits given below.
Batch and Expiration tracking: This software enables users to keep track records of products’ expiration and also order fulfillment to reduce product recalls which helps to boost revenue.
Customer relationship management: The CRM tool in this software automates the discounting process by gathering customers’ information such as postal addresses, billing details purchase sizes and types, etc.
Net Suite:
It is cloud-based wholesale billing software that centralizes different operations to automate and streamline efficient business processes. The order and billing management function in Net Suite centralizes finances, and sales and remove billing errors. An overview of the significant benefits of this software.
Order management: It audits the entire process which includes the process from entering the sales quote to successfully executing an order.
Workflow: This software contains prebuilt functionality which is required for omnichannel engagement. It includes financial management applications that are organized with marketing support.
Swipez Billing:
This is also a cloud-based software that manages expenses, and billings of vendors in a single dashboard. Payments are collected using UPI/Credit or Debit cards. This software enables monthly auto mailers to vendors or customers with their respective bills. It also has a feature of bulk invoicing using a Microsoft excel API. Bulk invoicing saves the valuable time of customers.
Purchase orders, expense management, and expenses are handled and monitored in a centralized dashboard with an interactive UI.
Tax credit to a vendor’s company will be error-free as this software provides smooth reconciliation of GST 2A and 3B.
Conclusion:
Based on the above study, we can state that Zoho has proved to be one of the most trusted wholesale billing software. The trust and relationship that Zoho has built with its customers are commendable, and thus it has gained popularity in such a short span. A wholesale billing software platform, as learned above, thus helps manage an organization to track and monitor the overall invoicing structure and eases keeping track of all transactions and payments.