Vantage, the main cloud price administration platform for contemporary engineering groups, this week introduced the provision of automated Managed Service Supplier Invoicing. This new characteristic permits Managed Service Suppliers (MSPs) to automate technology and distribution of invoices to their finish clients. Vantage MSP clients can now conduct your complete lifecycle of a buyer’s billing processes, together with creating billing guidelines, allocating prices, and invoicing clients for fee—all instantly inside Vantage.
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By automating bill technology and distribution, we’re serving to MSPs give attention to delivering worth to their clients quite than wrestling with antiquated and costly billing techniques.
“Regardless of instantly managing a substantial portion of the general Infrastructure market on behalf of tons of or hundreds of their end-clients, Managed Service Suppliers haven’t had good choices for software program to assist them handle them accordingly,” mentioned Ben Schaechter, co-founder and CEO of Vantage. “MSPs managing a number of shopper environments face important operational overhead in terms of billing – and so they’re pressured to make use of decades-old, costly incumbent software program. Vantage’s new invoicing capabilities eradicate the handbook workflows which have traditionally slowed down these processes. By automating bill technology and distribution, we’re serving to MSPs give attention to delivering worth to their clients quite than wrestling with antiquated and costly billing techniques.”
Beforehand, MSPs relied on time-consuming handbook workflows involving exterior techniques and spreadsheets to generate invoices, usually requiring customized tooling or coordination with finance groups. MSP Invoicing addresses this problem by offering automated bill technology with remaining, unchanging quantities instantly throughout the identical platform the place prices are tracked and managed.
Now, with Vantage MSP Invoicing, clients can generate PDF invoices instantly inside Vantage, together with detailed price breakdowns and buyer metadata reminiscent of IBAN, VAT, and enterprise addresses. Invoices help multi-currency billing and may be reviewed, regenerated if wanted, and robotically distributed to buyer billing contacts. MSPs may also combine these invoices into basic ledger techniques. Vantage additionally gives this performance at a less expensive value than incumbents, with a contemporary, intuitive consumer expertise.
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