Boost invoicing efficiency with Billing hub
Important
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| Enabled for | Public preview | General availability |
|---|---|---|
| Users by admins, makers, or analysts | - | 
Aug 26, 2024 |
Business value
It’s common for project-based companies to create a proforma invoice for a large team that is working on a project with a recurring lifespan. Each invoicing period can involve thousands of transactions across time, expense, and material usage activity for projects that need to be reviewed and confirmed before generating a customer-facing invoice. This process of reviewing is an essential function to ensure a quick invoice and maintain healthy operational metrics.
Keeping a clean, intuitive, and performant experience for reviewing and making corrections for the project manager adds strong business value to ensure the smooth running of a service-centric practice. The improvements in usability will result in the following business value:
- Reduce the time it takes to edit an invoice.
- Surface important metrics before invoice confirmation to enable faster decision making.
- Reduce the creation of incorrect invoices.
Feature details
Enhancements in Billing hub are tailored to help improve usability and reduce form navigations and unnecessary clicks. The following capabilities are added in this release:
- Billing hub form updates that show pertinent fields for invoicing decisions.
- Support for multi-customer scenarios.
- Manage advances, and product billing backlog from Billing hub itself.
- Ability to view backlog of all transactions previously invoiced for that contract line.
- Ability to add new invoiceable transactions to an existing draft invoice.
- Intuitive user notifications on creation of invoices.