High-quality billing software helps financial institutions keep track of all payments, invoices, and reports. The automation of invoicing and analytics will streamline your business processes and optimize performance. As an experienced billing software development company, Yellow is ready to help you reach your business goals.
Yellow is familiar with working on many fintech apps and services including billing functionality. Here is what you can do with our team regarding billing software development.
We will help you create a top-tier platform that will be able to quickly accept and process incoming payments made via all payment options like Visa, MasterCard, PayPal, and more.
To speed up the invoicing process and boost your finance team's performance, you can build a custom software solution with the features your business needs the most.
Move the existing custom billing software to mobile or develop a mobile app from scratch so your users can make payments any time and from any place they want.
Automating the invoicing, payment, and billing processes will help you reduce the time spent on monotonous tasks and focus on larger KPIs and growth goals.
If you already have billing software but want to upgrade its functionality, Yellow will help you integrate the necessary services seamlessly without disrupting existing features.
Billing software should comply with several laws and legal regulations to protect users from fraudulent activities and data leaks. We can help you take everything into account.
Since there are already several solutions present on the market, users already have certain expectations of any new billing service. To make sure your platform survives on the market, you should implement the following key features.
A client portal is a secure, web-based platform where customers can access their billing information, view invoices, and make payments. It includes an account dashboard, invoice management, payment history, customization, and customer support.
Your billing software will allow your users to create and send invoices to your clients or customers. The invoices should be customizable with your company logo, payment terms, and payment methods.
The software should be able to process payments from various payment methods like credit cards, debit cards, and bank transfers. It should also be able to handle partial payments, refunds, and cancellations.
The software should automate recurring billing processes, like subscription-based services. This feature should be able to send out invoices and process payments on a regular basis.
The software should generate financial reports, including income statements, balance sheets, and cash flow statements. These reports can provide valuable insights into your business's financial health.
The software should be able to calculate taxes for each transaction based on the applicable tax laws and regulations. It should also be able to handle tax exemptions and credits.
The software should send payment reminders to customers who have overdue payments. This feature can help improve your cash flow and reduce the number of late payments.
The software should have robust security measures to protect sensitive financial information. This includes data encryption, user authentication, and access controls.
The software should integrate with other relevant systems like CRM, ERP, and accounting software. This feature can help streamline your business processes and save time.
Test if your idea has the potential for success.
Full user research and competitive analysis
A clickable prototype
Focus on your business while we deal with the tech side
Easy and quick onboarding
We are ready to start within a week
Architecture rebuild
Redesigning an existing system
We start with any materials you have
Maintaining billing products
Bugfixing
No additional or hidden fees
Our team of skilled developers and designers has worked on numerous fintech projects, ranging from digital banking and e-wallets to investment platforms and payment gateways. With our deep understanding of the fintech industry and its complex regulatory landscape, we are able to deliver innovative and secure solutions that will meet your unique business needs.
All our clients are not customers, they are equal partners in the development process. We value their input and feedback at every stage of the project. Our team will work closely with you to understand your unique needs, goals, and challenges, and collaborates with you to develop a tailored billing solution that exceeds expectations. With our client-focused approach and dedication to excellence, we are committed to building long-lasting partnerships with every client we work with.
At Yellow, we understand that innovation is key to staying ahead in today's fast-paced digital world. That's why we have a dedicated product lab where we continuously research, ideate, and test new technologies and concepts and create our own products. From prototyping to user testing and validation, we use a variety of techniques to ensure that our products are not only cutting-edge but also highly effective. With our product lab, we are able to stay ahead of the curve, delivering software solutions that not only meet but exceed our client's expectations.
We understand the importance of protecting sensitive data, and we have put in place robust security measures to ensure the confidentiality, integrity, and availability of your data. From the very beginning of our cooperation, we sign a non-disclosure agreement to legally protect your information. Our team follows industry best practices and standards when it comes to data security, and we use advanced encryption, firewalls, and other security technologies to protect your data from unauthorized access, theft, or breach.
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