Creation of invoices: A SaaS Billing Software automatically schedules and creates invoices based on the respective contract agreements.

Sending invoices: The invoices are sent to the user. In principle, different ways are conceivable – for example, by post, by e-mail or for downloading from the customer portal.

Monitoring incoming payments: SaaS billing software checks and monitors payment transactions. This makes it possible to detect whether payments have been received on time or are perhaps overdue.

Dunning: A SaaS Billing software can also automatically send reminders when payments are missed.

Data analysis: The data from the billing process can be used for reporting. Thus, sales figures can be analyzed or liquidity planning can be aligned accordingly.