The term "billing" is usually associated with consumers, whilst the term "invoice" is used in the context of one business buying services or goods from another business. In the case of LSE listed Microgen, I believe, the term "billing" is used for B2B. Microgen’s services include: Managed services – rapid deployment and minimal up-front payment Change management Customer adaptation programme Powerful credit management application to improve cash flow Available on line for 90 days from date of despatch – can be stored longer Most of the solutions you see in the market place are driven by A/P functions, but here…
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