AirWalex It has added an invoicing solution to its global payments and financial offerings.
New Airwallex invoice It includes tools for billing, subscription management and usage-based billing, allowing users to adopt the tools that are relevant to them today and add other billing models as needed, the company said on Wednesday (May 27). Blog post.
Airwallex Billing is designed to meet the needs of clients such as artificial intelligence (AI) companies that scale tokens, software-as-a-service (SaaS) companies that deploy both usage-based pricing and subscriptions, and professional services companies that issue invoices across multiple currencies globally, according to the post.
The solution helps users send digital invoices supporting more than 160 payment methods with like-for-like settlement in more than 20 currencies and automated settlement; Launch and manage recurring invoices with flexible rates, automatic renewals, and no code required; And scale their bills through real-time usage and measurement.
“Growing your business doesn’t have to mean wrestling with multiple billing systems, manual spreadsheets, and mismatched payment tools just to keep up,” Airwallex said in the post. “These gaps slow teams down, cost real revenue and make scaling seem harder than it should be. Airwallex Billing changes that.”
Early-stage founders often ignore revenue processes, the mechanics of how their revenue flows, and learn hard lessons about factors like local payment methods, tax systems and settlement times, Co-Founder and CEO, Airwallex Jack Chang He said on Wednesday Blog post.
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“If you’re a founder, think about the multiple directions your revenue models can take you, and plan accordingly,” Chang said. “The benefits of our adaptable global billing suite will multiply as trade accelerates. Airwallex Billing will help you keep pace and advance.”
Airwallex said in September that it planned to bring it on board Invoices And the analytical capabilities of its financial platform through its acquisition of Open payment. The company said the deal aims to strengthen the platform, strengthen Airwallex’s position against other players like Stripe Billing and Recurly, and help Airwallex customers unlock and automate revenue growth.
PYMNTS Intelligence ReportInvoice convenience: How automated billing and payment transform businesses“It found that customers express less tolerance for slow processing of their bill payments, with 70% saying they expect these payments to be processed same day or immediately.
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