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Billing Automation

Billing automation is the use of software to accelerate the billing process and eliminate manual workflows. This includes invoice creation, processing and delivery, payment tracking, subscription management and a variety of other tasks.

Related terms

5 Journal Entries Every SaaS Accountant Needs

SaaS accountants face complex tasks. Here are 5 essential journal entry examples they need to master.

AI billing covers how SaaS companies meter and charge for AI features. Learn about usage-based pricing, key metrics and ERP integration.

AI revenue recognition

AI revenue recognition refers to two things: first, it refers to using artificial intelligence for revenue recognition automation in accounting systems.

Accounting Standards Codification (ASC) 606 is a standard framework for revenue recognition developed by the Financial Accounting Standards Board (FASB).

Account Reconciliation

Account reconciliation compares records to spot discrepancies and confirm accuracy. Learn how NetSuite simplifies this key accounting task.

Accounts Payable

Accounts payable (AP) refers to the amount of money that a business owes to its suppliers or creditors for goods or services purchased on credit.