Chargebee announces release of e-invoicing service

Subscription management firm Chargebee released a new e-invoicing service aimed at helping companies comply with regulations in multiple jurisdictions.

The new service enables the automation of routine processes in this area, since users will no longer have to manually prepare and send invoices.

Further building on its automation capabilities, the company is also releasing a new Marketplace feature that allows customers to integrate their own billing systems with Chargebee’s software to automate billing workflow from discovery to sign-up.

Other features set to be rolled out this year include:

• Tax withholding;
• A new sales force integration user experience;
• Revenue recognition;
• Retention tools;
• Receivables tools;
• HIPAA compliance; and,
• SOC-2 compliance.

“Global and product expansion is a big part of Chargebee’s 2022-and-beyond roadmap, and we know that our customers are always looking to scale up, increase capabilities and enter new territories,” said Chargebee vice president of product management John Pearce in a statement. “There are tons of constantly changing rules and regulations that could inhibit growth, and our new offerings are designed to help our customers offload these concerns and focus on building and maintaining business.”

MSK SUDHAKAR