Hybrid Billing Model
Automated and multifunctional billing is one of HostBill’s specialties and today we’re happy to introduce a new hybrid billing model, which combines pre-paid with post-paid.
Hybrid billing model – a mix of pre-paid orders with post-paid upgrades
When it comes to billing, it’s safe to say that HostBill has you covered. With multiple and configurable billing modules available within HostBill, our billing platform meets any possible billing requirements to fulfill your specific business and compliance needs. Whether it’s one-time or recurring payments, post- or pre-paid or usage-based billing, HostBill handles it automatically with ease. And now we’re taking it to the next level, with the new model – hybrid billing.
In pre-paid billing the invoice is issued at the start of the billing period and all upgrades and addons are charged immediately. In post-paid billing module the invoice is issued at the end of the billing period and the upgrade charges are added to the service’s next invoice. The new billing model combines the two of the above, meaning that the invoice is issued at the start of billing period but the upgrade charges are added to the service’s next invoice. In other words, with the hybrid model, client pays for the product/service immediately and when making any upgrades, the upgrade charges are placed in the invoice queue and added to the next month’s invoice.
Details: https://blog.hostbillapp.com/2023/09...billing-model/
More about HostBill automated billing: https://hostbillapp.com/media/brochu...ed-billing.pdf
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About HostBill:
HostBill is a powerful and flexible, all-in-one automation, billing, client management and support platform for online businesses. HostBill handles all aspects of running a successful online business, from client acquisition, through invoicing and payment collection, automated service provisioning and management, to customer service and support. Extensive range of advanced features, multitude of modules and apps and integration with various control panels, domain registrars, payment gateways, order pages, client panels and more, make it the most comprehensive solution on the market for Hosting, Cloud/IaaS/VPS Solutions Providers, Domain name and SSL Resellers around the globe to automate and manage their online businesses.
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