
How E-Billing Toward True Customer Billing Experience
Generating and mailing invoices requires a lot of time and effort, as do processing paper-based (check) payments. And that’s not to mention the task of creating and sending out duplicate invoices when customers
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CIO Applications Europe | Monday, December 06, 2021

“It is better to integrate invoicing into the customer experience that businesses offer, so that customers experience the invoice in a more positive way and, consequently, have a better relationship with the companies themselves.”
Fremont, CA: Generating and mailing invoices requires a lot of time and effort, as do processing paper-based (check) payments. And that’s not to mention the task of creating and sending out duplicate invoices when customers cannot find their original bill because they misplaced it or it has been lost in the mail. By contrast, sending customers electronic billing–and providing them with a link to use to make payments online, on a mobile phone, or by responding to a text–is a highly efficient process. This, in turn, gives the customers access to invoices in a more seamless way and, consequently, have a better relationship with the companies.
So, here are some of the trends on the horizon to foster from simple electronic invoicing to a true billing experience.
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1. From subscription to pay-per-use model
Billing is frequently associated with subscriptions or the purchase of services that are delivered at regular intervals and require regular payments. In fact, the model that is increasingly being considered is one that provides greater flexibility in the billing formula, with the billing system being able to model itself based on the client’s actual use of the service. In this way, billing flows adapt to the individual’s behaviour, making him feel more inclined to pay because he sees a sensible and justified change in his choices. Billing as a pay-per-use model that provides flexibility and personalization is now concretely reflected in what the customer receives and pays. Customers don’t just pay in this way; they pay according to their needs and behaviour. In a sense, the flat rate is no longer always good, and billing reflects this.
2. Mobile, mobile, and more mobile!
People nowadays use mobile devices for a wide range of activities, including checking email and managing a variety of business operations. This implies that billing documents, such as receipts and consultations, must be designed to be compatible with this type of device. From this perspective, it is necessary to rethink the bill sent to the client in such a way that it is also “interactive” and allows the user to respond without the need to do so from other devices or through other pages.
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