SaaS giant Zoho lauches Zoho Billing to offer seamless billing facilities for SMEs

Share via:

Chennai-based SaaS company Zoho today announced the launch of Zoho Billing, an enhanced version of its existing application, Zoho Subscriptions, which will offer users the agility to try out different pricing strategies and quickly penetrate the market. 

What will Zoho Billing offer?

Zoho said it launched Zoho Billing as businesses have been gravitating towards subscription models, which brought about several challenges such as handling recurring billing and monitoring new metrics.

Now, as business requirements have further evolved, there is a noticeable shift towards a more adaptable and experimental approach to billing. Companies that were previously focused on one-time sales are now exploring tiered subscription plans, while subscription-based businesses are venturing into traditional sales avenues.

This shift calls for a robust billing solution that can adapt to the changing strategies of businesses. Zoho Billing will offer solutions to meet the diverse billing needs of small and medium enterprises, offering a range of new capabilities alongside its existing features.

“Today’s dynamic environment demands businesses to be more experimental and adaptive in their pricing strategies. Unfortunately, SMEs don’t have many choices when it comes to a comprehensive billing solution, and this is where Zoho Billing stands out,” said Sivaramakrishnan Iswaran, Global Head of Zoho Finance and Operations Suite. “Zoho Billing helps businesses to be proactive by offering them complete control of their billing processes, helping them act fast on opportunities, and serving as an important touchpoint for customers, thereby providing them a competitive edge.”

Offering a wide range of billing functionalities for SMEs

The application is equipped with a user-friendly interface with a wide range of billing functionalities, including estimates, retainer invoicing for advance payments, project billing, and expense billing, among others. 

It facilitates consolidated billing, metered billing, and the recording of offline payments and can integrate billing for mobile app subscriptions sold through platforms like Apple’s AppStore or Google Play store, ensuring a unified backend across various selling channels.

Moreover, it assists subscription-based businesses in efficiently managing customer subscriptions through features like trial management and customer lifecycle management.

Zoho Billing is also attuned to the tax regulations of 13 specific countries, including India, aiding businesses in adhering to regional tax norms. For businesses situated outside these regions, a global version is available to tailor the tax settings as per local laws.

To assist businesses in making informed decisions, the application offers over 50 reports providing insights into various metrics such as accounts receivable and recurring revenue.

Furthermore, The application can be integrated with the Zoho ecosystem and third-party applications like Slack and Zendesk. It also provides APIs and Webhooks for advanced or custom integration needs, making it a versatile tool in the evolving business landscape.

Also Read:

ISRO, IN-SPACe partners with AWS to advance India’s space capabilities with cloud technologies

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Sarthak Luthra
Sarthak Luthra
Hey, there! I am the tech guy. I get things running around here and I post sometimes. ~ naam toh suna hi hoga, ab kaam bhi dekhlo :-)

Popular

More Like this

SaaS giant Zoho lauches Zoho Billing to offer seamless billing facilities for SMEs

Chennai-based SaaS company Zoho today announced the launch of Zoho Billing, an enhanced version of its existing application, Zoho Subscriptions, which will offer users the agility to try out different pricing strategies and quickly penetrate the market. 

What will Zoho Billing offer?

Zoho said it launched Zoho Billing as businesses have been gravitating towards subscription models, which brought about several challenges such as handling recurring billing and monitoring new metrics.

Now, as business requirements have further evolved, there is a noticeable shift towards a more adaptable and experimental approach to billing. Companies that were previously focused on one-time sales are now exploring tiered subscription plans, while subscription-based businesses are venturing into traditional sales avenues.

This shift calls for a robust billing solution that can adapt to the changing strategies of businesses. Zoho Billing will offer solutions to meet the diverse billing needs of small and medium enterprises, offering a range of new capabilities alongside its existing features.

“Today’s dynamic environment demands businesses to be more experimental and adaptive in their pricing strategies. Unfortunately, SMEs don’t have many choices when it comes to a comprehensive billing solution, and this is where Zoho Billing stands out,” said Sivaramakrishnan Iswaran, Global Head of Zoho Finance and Operations Suite. “Zoho Billing helps businesses to be proactive by offering them complete control of their billing processes, helping them act fast on opportunities, and serving as an important touchpoint for customers, thereby providing them a competitive edge.”

Offering a wide range of billing functionalities for SMEs

The application is equipped with a user-friendly interface with a wide range of billing functionalities, including estimates, retainer invoicing for advance payments, project billing, and expense billing, among others. 

It facilitates consolidated billing, metered billing, and the recording of offline payments and can integrate billing for mobile app subscriptions sold through platforms like Apple’s AppStore or Google Play store, ensuring a unified backend across various selling channels.

Moreover, it assists subscription-based businesses in efficiently managing customer subscriptions through features like trial management and customer lifecycle management.

Zoho Billing is also attuned to the tax regulations of 13 specific countries, including India, aiding businesses in adhering to regional tax norms. For businesses situated outside these regions, a global version is available to tailor the tax settings as per local laws.

To assist businesses in making informed decisions, the application offers over 50 reports providing insights into various metrics such as accounts receivable and recurring revenue.

Furthermore, The application can be integrated with the Zoho ecosystem and third-party applications like Slack and Zendesk. It also provides APIs and Webhooks for advanced or custom integration needs, making it a versatile tool in the evolving business landscape.

Also Read:

ISRO, IN-SPACe partners with AWS to advance India’s space capabilities with cloud technologies

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

Sarthak Luthra
Sarthak Luthra
Hey, there! I am the tech guy. I get things running around here and I post sometimes. ~ naam toh suna hi hoga, ab kaam bhi dekhlo :-)

More like this

Apple shelved the idea of integrating Meta’s AI models...

Days after the Wall Street Journal reported that...

The Laundry House: Redefining Premium Fabric Care And Cleaning...

Incorporated in 2015, The Laundry House has swiftly established...

CoinDCX Rolls Out Web3 Mode To Facilitate Crypto Purchases...

SUMMARY The Web3 integration will give users access to...

Popular

Upcoming Events

Startup Information that matters. Get in your inbox Daily!