AUSTIN, Texas, Aug. 1, 2018 /PRNewswire/ -- Invoiced, a leading provider of cloud-based, accounts receivable solutions in the U.S., today announced the launch of a series of product enhancements that enable global customers to meet localized billing conventions.
Since the self-funded business was founded in 2013, Invoiced has grown to support over 20,000 businesses worldwide. Major attributes of Invoiced include automated recurring billing, payment plans, invoice chasing, and dunning management; a customizable customer portal, and integrations with payment processing and accounting providers.
Invoiced now provides full support to international customers - both non-U.S. companies and U.S.-based businesses with global expansion plans. Businesses using Invoiced have the ability to offer Direct Debit payments using local banking schemes through a partnership with GoCardless. Based out of the U.K., GoCardless enables businesses to collect Direct Debit payments online.
"GoCardless is on a mission to boost cash flow and streamline admin for small businesses with automated Direct Debit payments," said Josh Sasto, Head of Partnerships at GoCardless. "Integrating GoCardless with Invoiced's automated time-saving features means our customers can manage their billing and payments all in one place, avoid manual reconciliation and ultimately have more time back to focus on growth."
Direct Debit is a highly-used payment method outside the U.S., accounting for 4.2 billion payments in the U.K. alone in 2017, according to the 2018 UK Payments Market report.
"The GoCardless partnership benefits businesses by offering lower transaction costs and automatic reconciliation," said Jared King, Founder and CEO of Invoiced. "Customers also benefit from new choices to pay invoices."
In addition, the Invoiced platform enables customers to configure invoices using multiple currencies, create separate legal entities for international subsidiaries, and format invoices using in-country requirements.
Invoiced helps organizations of all sizes get paid faster in less time by providing innovative billing automation and collections tools. Tens of thousands of businesses have transformed their paper-based billing efforts to digital processes with Invoiced.
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SOURCE Invoiced, Inc.