Zoho Introduces Zoho Billing

Zoho today announced Zoho Billing, an expanded version of its current application Zoho Subscriptions. Zoho Billing is a multifaceted billing solution built specifically for growing businesses, allowing users the flexibility to experiment with pricing and the ability to go to market swiftly.

For the past decade, businesses of all sizes have been embracing subscription models, which introduced a number of challenges including managing recurring billing and tracking new metrics. Zoho Subscriptions was introduced to solve these challenges. Today, businesses are more flexible and experimental in their approach to billing – subscription-based businesses are exploring traditional sales methods, while companies that used to focus on one-time sales are considering tiered subscription plans. This necessitates a comprehensive billing solution that supports businesses with their constantly evolving strategies.

The expanded application boasts a user-friendly interface with versatile billing functionalities like estimates, retainer invoicing for advance payments, one-time or flat-fee billing, project billing, expense billing, and Quote-to-Cash (Q2C). Additionally, Zoho Billing offers subscription management capabilities like trial management, prorated billing, customer lifecycle management, retention, and revenue recovery. Businesses can also use features like consolidated billing, metered billing, online payment collection and record offline payments. Businesses selling mobile app subscriptions through app stores like Apple’s AppStore or Google Play store, can integrate their billing, maintaining unified backend across selling channels. 

Zoho Billing offers 13 country-specific editions including Canada [US/Mexico], that help businesses to be compliant with the regional tax regulations. Businesses outside of these countries can leverage the global version to configure the tax settings according to their local tax laws. Moreover, Zoho Billing offers 50+ reports, providing metrics on accounts receivable, cash inflow, recurring revenue and customer subscriptions.

Zoho Billing includes a feature-rich mobile application available for iOS and Android devices, making it easier for businesses to take care of their billing operations on the go.

The application seamlessly integrates with other Zoho apps like Zoho Books for accounting, and Zoho Inventory for inventory order management, Zoho CRM for customer relationship management, and Zoho Analytics for advanced analytics. Furthermore, it offers built-in integration with third party applications like Slack, Zendesk, and Dropbox to cater to different business needs, and sync billing data contextually. For advanced or custom needs, businesses can use APIs and Webhooks to connect with any other applications.

Pricing and Availability

Zoho Billing is available for use immediately, and offers four different plans for users to choose from: Standard plan $19/$15 (CA/US) monthly, Professional plan $49/$39 (CA/US) monthly, Premium plan $99/$79 (CA/US) monthly, and Elite plan $299/$ 239(CA/US) monthly, billed yearly.

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