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Electronic Billing System

oboloo Glossary

Electronic Billing System

An Electronic Billing System (EBS) is a modern way of taking payments from customers, streamlining the billing process and providing additional features such as automated payment reminders and itemized bills. EBS systems use specialized software to keep track of customer transactions, invoices, and receipts for businesses that offer services or products to customers. EBS solutions can be used in any company but are especially helpful for those dealing with high volumes of transactions. With an EBS, information is easier to track, analyze, and report on; enabling more efficient customer management and thereby increasing revenue opportunities.

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