Product › Invoicing and Payment
Automated invoicing and payments with Iteras
Iteras offers robust automated and recurring billing and invoicing for your subscription business.
Experience automated billing and invoicing
Is your organisation juggling accurate billing for numerous clients or complex subscription models? Billing subscribers the right amount at the right time can be a complicated task. It can easily overwhelm your employees with time-consuming and repetitive tasks. That’s why we’ve automated the invoicing and payment process.
Your organisation will
benefit from:
Streamlined invoicing process
Increased operational efficiency
Comprehensive payment handling
Broad payment integration
Enhanced analytical capabilities through data export
Automated periodic invoicing
Time-saving automation
Iteras' automation leads to substantial time savings and productivity boosts in departments like customer service, finance, and marketing. Our automated billing schedules ensure a consistent and accurate invoicing flow. It enables you to proficiently and smoothly manage the complexities of payment processing.
Efficient dunning management
reduces churn
Dunning management is essential for maintaining seamless subscription payments, and Iteras provides a straightforward solution. Our automated system is designed to efficiently address payment issues, without the need for manual intervention by your team. This approach not only saves time but also ensures that actions, such as sending follow-up emails with invoices attached, are initiated promptly and consistently. By automating the dunning process, Iteras helps in maintaining strong customer relationships, crucial for retaining subscribers.
Dunning management helps your business:
Improve cash flow
Reduce customer churn
Free up employee time
Mitigate risks
Improve communication
Features that simplify the payment process
Optimise your invoicing and payments with Iteras.
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Handle overpayments and underpayments automatically
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Generate invoices exactly when needed
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Offer flexible discount options
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Add fees for specific scenarios
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Create clear, detailed invoices for each subscription cycle
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Integrate effortlessly with your ERP and BI systems
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Provide a wide range of payment methods
“We chose to switch to Iteras so that today we can listen to customer needs and fulfill them."
— Mike Dige Svendsen | Subscription Director at Sjællandske Medier
Nordic payment integrations
Iteras integrates with preferred payment service providers in the Nordics, such as Adyen and QuickPay. This enables your customers to pay with their preferred payment methods. Iteras also integrates directly with the Danish Betalingsservice and the Norwegian Autogiro through our partnership with Mastercard Payment Services, as well as with Vipps MobilePay, NemHandel, and Swedish Bankgirot.
Access to multiple acquirers
With Iteras’s integrations with PSPs, you have access to a wide array of payment methods and currencies through their partnership with multiple acquirers . This enables you to accommodate the diverse preferences of your subscribers. Additionally, our collaboration with PSPs ensures robust security measures and compliance with industry standards. This safeguards your customers' sensitive data and enhances trust.
Efficient payment registration
Your incoming payments are automatically recorded, regardless of the method. This system keeps your financial overview up-to-date, ensuring you're always informed. It also supports automated dunning processes and effectively manages subscriptions with outstanding payments.
Get insights from your subscription invoicing data
Iteras offers an up-to-date view of your invoicing and payment landscape. You can enhance the system's functionality by exporting data to ERP and BI systems, using either manual methods or API integration.