Vantage, the main cloud value administration platform for contemporary engineering groups, this week introduced the supply of automated Managed Service Supplier Invoicing. This new function permits Managed Service Suppliers (MSPs) to automate technology and distribution of invoices to their finish clients. Vantage MSP clients can now conduct the whole lifecycle of a buyer’s billing processes, together with creating billing guidelines, allocating prices, and invoicing clients for cost—all straight inside Vantage.
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By automating bill technology and distribution, we’re serving to MSPs deal with delivering worth to their clients reasonably than wrestling with antiquated and costly billing techniques.
“Regardless of straight managing a substantial portion of the general Infrastructure market on behalf of a whole lot or 1000’s of their end-clients, Managed Service Suppliers haven’t had good choices for software program to assist them handle them accordingly,” mentioned Ben Schaechter, co-founder and CEO of Vantage. “MSPs managing a number of shopper environments face important operational overhead in terms of billing – they usually’re compelled to make use of decades-old, costly incumbent software program. Vantage’s new invoicing capabilities remove the handbook workflows which have traditionally slowed down these processes. By automating bill technology and distribution, we’re serving to MSPs deal with delivering worth to their clients reasonably than wrestling with antiquated and costly billing techniques.”
Beforehand, MSPs relied on time-consuming handbook workflows involving exterior techniques and spreadsheets to generate invoices, typically requiring customized tooling or coordination with finance groups. MSP Invoicing addresses this problem by offering automated bill technology with closing, unchanging quantities straight throughout the identical platform the place prices are tracked and managed.
Now, with Vantage MSP Invoicing, clients can generate PDF invoices straight inside Vantage, together with detailed value breakdowns and buyer metadata corresponding to IBAN, VAT, and enterprise addresses. Invoices assist multi-currency billing and will be reviewed, regenerated if wanted, and mechanically distributed to buyer billing contacts. MSPs also can combine these invoices into common ledger techniques. Vantage additionally gives this performance at a less expensive worth than incumbents, with a contemporary, intuitive consumer expertise.
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