Emerging provider in the Information Technology and Services space
Billing Software Development
For more than 18 years already, we have been building bespoke billing & invoicing software solutions for B2B companies operating in diverse business domains.
Planning to Build a Custom Billing Solution?
SPD Technology is a seasoned provider of billing and invoicing software development services. Specializing in large-scale, multi-functional fintech applications, our expertise covers billing solutions as well.
Our experience in creating billing systems as a part of more complex payment processing solutions for global industry leaders showcases our prowess in combining innovation, reliability, and tailored functionality:
- Proven expertise. Our experience is backed by collaborations with global industry leaders, including Poynt, Black Hawk Networks, PitchBook and Pie Insurance.
- Industry specialization. We specialize in several key industries such as eCommerce, Fintech, LegalTech, and Insurance, carefully tailoring our solutions to diverse business domains.
- Global clientele. Serving major clients with more than $100M in annual revenue, our global presence spans the U.S, the U.K, Israel, Mexico, and other countries.
Tailored Billing Software Development Services
Advanced billing solutions we create at SPD Technology are designed to streamline and optimize financial processes of mid-sized to enterprise-level companies.
Custom Billing Software DevelopmentAt SPD Technology, we specialize in creating custom software that aligns with business needs precisely. Whether you require subscription billing, usage-based billing, or recurring invoicing software, our experienced team can develop a bespoke software solution that caters to diverse billing models – like a merchant subscription management subsystem for BHN payment processing company, invoice automation functionality for Poynt open-commerce platform, or notary billing software with payment collection features that recently developed for our customers.
Invoicing Portal DevelopmentWith a proven track record as a trusted billing software development company, SPD Tech has practical experience in building billing & invoicing functionality both as standalone systems and inherent features of full-cycle payment processing solutions. An Invoicing Portal we developed for globally leading open commerce solutions processing $140 million in transactions per month, allows merchants to create and send fully-customizable invoices with flexible tax calculations settings in a few clicks.
Enterprise-Level Billing Systems DevelopmentAs an ERP (billing) software development company serving medium-sized to globally represented businesses, we are keen enough in creating enterprise-level billing solutions. Our teams have deep understanding of enterprise-specific scalability demands, the vast amount of the necessary integrations (ERP, CRM), complex user permissions and roles, as well as the deep level of reporting and analytics flexibility required.
Subscription (Recurring) Billing AppsAutomated billing software development is another competency we have. Subscription management and billing functionality is a part of the Aggregated Merchant Portal (AMP) we created for Black Hawk Networks (BHN), one of our major customers represented in 30 countries worldwide. Embedding automated billing cycles, payment system integration and invoice generation features are the possible bottlenecks we carefully anticipated and effectively addressed during this project development.
Billing & Invoicing System IntegrationAs a part of our automated billing software development service, we can seamlessly integrate a newly created system with your accounting, inventory management, ERP or CRM for uninterrupted customer data sync, accurate invoice generation and effective billing automation. For this goal, we identify and utilize suitable APIs, map the data fields between the billing software and integrated systems, tailor the billing software to align with the specific data formats and configure the integration to support real-time data synchronization.
Legacy Billing System ModernizationIn addition to other billing software development services we provide, our team can also transform a legacy billing system into a streamlined, user-focused and revenue-driving solution. The modernisation of an insurance payment processing system allowed Pie Insurance, one of our major customers in the insurTech domain, to increase their ACH payments users threefold. As a part of this project, we added more robust bulling features and diverse payment options.
Our Time-Tested Approach to Billing Software Development
At SPD Technology, we are proud to earn the trust of our clients because of our compliance-first billing software development, several data security measures used simultaneously and deep understanding of billing fraud specifics, as well as the ways to combat it.
Data SecurityOur billing and payment software development team is committed to delivering a secure financial ecosystem for your business. With this goal in mind, we leverage such data security measures as encryption, tokenization and multi-factor authentication, regular security audits and data backups, secure coding, secure APIs and password policies. We also strictly implement granular access control and prepare response plan protocols.
Regulatory ComplianceEnsuring regulatory compliance is an integral part of our customized billing software development approach. In addition to following the payment processing software compliance regulations such as PCI DSS, SOC2, and PCD, we ensure strict compliance with financial industry requirements, including but not limited to International Financial Reporting Standards (IFRS), Generally Accepted Accounting Principles (GAAP) and Accounting Standards Codification (ASC) 606.
Payment Fraud ProtectionOur solid technical expertise accumulated from various projects and domains allows us to proficiently develop and embed payment fraud detection features into our billing software solutions. To protect your billing system from fraud-related risks, we can embed secured authentication and authorization algorithms, enable device fingerprinting and customizable payment thresholds, plus leverage machine learning expertise to continuously analyze and adapt to emerging fraud patterns.
John Gabbert
Founder and CEO PitchBook Data
Customers are king at PitchBook and SPD Technology shares in this mission. For the last 13 years, SPD Technology has helped us scale product development and continuously deliver the product functionality our clients need to make smarter decisions.
Being a Leading Software Product Development Company
Recognition of B2B research and review platforms
- Top Software Development Company
- Top B2B Service Provider
- Top Java Development Company
- Top 10 Web Development Company
- Top 5 Global Java Developers
- Top B2B Firm
- Top Software Developer
- Fastest Growing Mobile App Development Companies of USA
- Top Software Development Company
- Best Software Development Company
- Best Custom Software Engineering Solutions
Success Stories
with Global Impact
SPD Technology designs and develops transformative software solutions that drive innovation, new revenue streams, and market leadership.
A Pioneering Fintech Platform For Seamless Private Investment Management
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Industry: Fintech -
Country: the USA -
Team Size: 5
- Scalable Data Ingestion Service: Successfully developed a scalable data ingestion service, enabling near real-time data retrieval from diverse 3rd party providers including Newscatcher, Owler, and S&P.
- Appealing Contemporary UI/UX: The SPD Technology team developed a new contemporary, visually appealing, and comprehensive design. This redesign enhances user experience and aligns with modern design standards.
Transforming the U.S. Asset Manager’s Investment Analytics App with Serverless Architecture
- Industry: Fintech
- Country: the USA
- Team Size: 5
- The Platform Withstanding 1 Million Users Daily: from a slowing-down legacy system to robust and investor-centric platform, our team executed a strategic overhaul.
- Strategic Cloud Transformation: successfully migrated a failing investment analytics platform to the cloud and achieved close-to-limitless scalability.
How We Helped FSA/HSA Payments Company to Improve Existing Product
- Industry: Financial Services, Payments
- Country: the USA
- Team Size: 2
- Less-Than-1-Day Release Cycles: Implementation of the serverless infrastructure and fast CI/CD pipelines that were configured by our team resulted in short release cycles, which is critical for a startup.
- 80%+ Accuracy of Our AI Solution: Achieved an impressive percentage of success in determining the eligibility of health-related products in our fully automated solution.
Our Clients are Happy
To share their experiences
Fabrice Forget
Chief Product Officer, PitchBook
We feel very lucky to have found SPD Technology as our partner. Over the last 10 years, they have totally surpassed our expectations, and day after day we have received incredible value from the team. Here is the secret sauce, just put together your best ideas in your requirements and there is nothing they can’t do!
John Gabbert
Founder and CEO PitchBook Data
Customers are king at PitchBook and SPD Technology shares in this mission. For the last 13 years, SPD Technology has helped us scale product development and continuously deliver the product functionality our clients need to make smarter decisions.
Prasad Sridhar
Senior Engineering Manager E-comerce Solutions Company
SPD Technology’s work has been praised by the client for their consistency and high quality. Their communicative, responsive, and flexible project management ensures a positive collaboration. Ultimately, their professionalism and forward-thinking are impressive.
Shariq Ahmad
Head of Technology, Morningstar, Inc
All of their developers and technology staff are highly talented and very professional. Working with SPD felt like we were working with internal team. They are always accessible any time of the day and very flexible in providing support to our users who are globally distreibuted.
Yelena Tretyakova
Product Owner, G-Accon
Internal stakeholders are impressed with both the resources SPD Group provided as well as the engagement with the company as a whole. The developers were experienced and knowledgeable, and they integrated well with the internal team. They were communicative and dedicated to project success.
Billing & Invoicing Software Development Challenges We Handle
Equipped with diverse fintech expertise, we confidently handle billing software development challenges with foresight, precision, and meticulous planning.
Industry-Specific CustomizationAt SPD Technology, we are proud to have extensive experience in developing industry-specific billing solutions. The billing system we recently developed comes with specific functionalities tailored to the requirements of the insurance sector, including but not limited to processing billing installments for all insurance policies the company has, calculating equity, triggering non-payment cancellations and generating reports by customer groups.
Reporting and Analytics GapsSince billing and invoicing solutions are usually integrated into accounting and reporting processes, we deeply understand the necessity to accurately identify and address reporting requirements throughout your billing software development lifecycle. For this goal, we closely collaborate with stakeholders to elicit clear requirements and as a result, develop efficient reporting functionality that enables informed and strategic decision-making.
Multi-Region Tax Calculation ChallengesIn addition to other technical challenges our company can deal with, we have experience in addressing the diverse tax structures of different countries. A notable example is our collaboration with an Israeli real estate company, where we seamlessly integrated a comprehensive tax calculator into their app’s functionality, achieving dynamic recalculation with multiple parameters.
Integration into a Broader Payment EcosystemIn addressing the challenge of poor integration of a newly created billing system with existing solutions, our approach is rooted in strategic preparation. Before starting billing software development, we comprehensively analyze your existing software ecosystem, identify potential integration points, and ensure a seamless alignment of the new billing system with CRM, ERP, POS software and accounting systems.
Trusted Globally by Innovation-Driving Companies
From Fintech industry stalwarts to industry-leading eCommerce providers, we ensure the comprehensive alignment between emerging technologies and established business processes.
An American financial services firm that provides investment research and investment management services
Financial data and software company with offices in London, New York, San Francisco, and Seattle.
An A Swiss multinational, the world’s largest biotech company that operates worldwide
All-in-one omni commerce payment solution with contactless, fast, secure, and safe payment processing
One of the most recognizable landmarks, a company that specializes in innovative travel and hospitality services
SaaS XSPN – Next Generation Application & Cloud Security Posture Management
A leading tech-enabled insurance company that provides workers’ comp coverage to small businesses
Industry-Specific Billing Solutions Tailored to Suit Your Business
For more than 18 years already, we help companies from different niches optimize their payment management process with sophisticated billing solutions.
Insurance Billing SoftwareBeing one of the main industries we serve with our technical expertise, we deeply understand the specific requirements insurance companies have towards their billing systems. The custom billing software we recently engineered for Pie Insurance now serves as a centralized hub for accurate recording, tracking, and reporting of premium billing, payment plans, and received payments.
eCommerce Billing SoftwareOur collaboration with Poynt, the enterprise-grade omnicommerce payment processing platform is the hallmark of our eCommerce billing solutions development experience and expertise. Billing, invoicing and recurring payments are the part of more sophisticated payment infrastructure we created for the company, including but not limited to solutions for Poynt’s Smart Terminal, Risk Management functionality and Mission Critical system.
Legal Billing SoftwareWith a proven track record in delivering tailored billing solutions, our company stands as a trusted partner for legal businesses. Recently, we successfully redeveloped a legacy notary app, strategically embedding billing, invoicing, and payment collection features within a major redesign. As a result, the customer’s business was scaled to 20 US states since we took jurisdictional nuances into account, including taxation-specific requirements.
Online Billing Software Development Services You Can Rely On
From aspiring startups to Fortune 500 companies, we work with companies of different sizes and from diverse industries, being proud of the collaborations that evolve into long-term strategic partnerships.
Unparalleled QualityDuring almost two decades, we have successfully built, delivered and scaled more than 120 tech projects. The strategic combination of 360-degree business analysis, deep software development expertise and meticulous testing allows us to deliver robust, reliable, and high-performing solutions.
Transparent CommunicationOur clear and concise communication ensures that you have a comprehensive understanding of project progress, challenges, and milestones. It is ensured by using time-proven PM tools and task managers, developing a communication plan, scheduling status meetings and providing frequent updates.
Mature Project ManagementOur project management methodology encompasses thorough planning, systematic execution, and consistent monitoring, enabling us to adapt swiftly to changing requirements. We prioritize clear documentation, ensuring that project objectives, timelines, and deliverables are well-defined for all team members.
Predictable CostsWe offer transparent pricing models tailored to your business requirements, while our 18-years-long development practice allows us to make accurate project estimates, providing you with a clear understanding of the investment required.
Alex Samano
Co-Founder & CEO, Life Dreams INC.
SPD Technology has done a great job of maintaining the lifeblood of their codes. They’re transparent with pricing models and deliver within budget. Their dedicated teams act as an extension of the partner’s company. Responsibility and a commitment long-term partnership are two hallmarks of their work.
Certified
By Independent Organizations
Confirmed by Oracle certification, our company provides top-notch tech expertise in building and delivering cutting-edge database and cloud-based apps.
IIBA Certification signifies our proficiency in business analysis, ensuring a deep understanding of client needs and industry requirements.rn
With AWS Certification, we guarantee top-tier cloud expertise, enabling us to architect robust, scalable, and secure solutions.
Trusting your project development to us, you can rely on our project management excellence, meticulous planning, and efficient resource utilization. rn
Our Scrum Alliance Certification demonstrates our dedication to agile methodologies, fostering collaboration and iterative development.rn
Backed by Scrum.org Certification, our development team leverages the best principles of Scrum to build superior and iterative software solutions.
Engagement Models
That address any requirements
- Team Extension (Staff Augmentation)
Team extension is often the beginning of a lot more meaningful business relationships.
As we are aware of this, we provide Team Extension services to quickly extend your in-house team with one or more experts (usually, 1-3 persons) in order to beef it up or fill an expertise gap
- Managed Team (Dedicated Team)
The Managed Team client engagement model allows you to expand your in-house team in a more significant way than under Team Extension: we hand-pick several experts in accordance with your requirements to create a self-managed development team that is run by one of our seasoned Project Managers
- Full-Cycle, Project-Based Outsourcing
Under Project-Based Outsourcing, our team assumes full responsibility for implementing the entirety of your project: we provide all the various experts required during the Discovery/Business Analysis, Development, QA & Testing, and, possibly, Support & Maintenance phases
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18 Yearsof value-driven Software Product Development experience
Over 100 Success Storiesincluding projects for the world’s leading companies like Roche, PitchBook, Poynt, and Space Needle
Over 600 Full-Time Expertsare always learning and willing to share their knowledge
Secure by DesignISO/IEC 27001/27002:2005 standards-compliant, PCI DSS 3.2 compliant data storages, per-project isolated infrastructure
