Statement billing

Statement billing

Billing method in which the sales for a period such as a month (for which a customer also receives invoices) are collected into a single statement, and the customer must pay all the invoices represented on the statement.

Statement Billing

A bill for goods or services that collects several invoices from a given time, usually a month, into one document. The statement bill is presented to the customer, who is then responsible to pay for all goods or services listed on it. This is useful for repeat customers, who may purchase several goods and services from a business over a given period of time.
References in periodicals archive ?
If done correctly, statement billing can be transformed into a successful customer relationship management (CRM) initiative that enhances customer satisfaction and boosts collections capabilities.
XiBuy automatically reconciles the Daily Transaction Files with the Statement Billing File.
By managing the initial provisioning, ongoing delivery of complete customer care and convenient single statement billing, the company alleviates its customer's need to interface with multiple communications providers and is able to maximize subscriber retention.
Usha Communications Technology's solution will also provide aggregated services mediation, call detail record collection, cross-service discounting and single or multiple statement billing formats.
31, 2002, Moore and another company will provide custom business and clinical forms, printing, marketing printing, stock forms, labels, forms handling equipment and document management solutions: including electronic forms, solutions and applications; one-to-one marketing applications; and statement billing services.
Usha Comm's solution will also provide aggregated services mediation, call detail record collection, cross-service discounting and single or multiple statement billing formats.