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.

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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.

  1. Custom Billing Software Development

    At 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.

  2. Invoicing Portal Development

    With 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.

  3. Enterprise-Level Billing Systems Development

    As 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.

  4. Subscription (Recurring) Billing Apps

    Automated 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. 

  5. Billing & Invoicing System Integration

    As 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. 

  6. Legacy Billing System Modernization

    In 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.

  1. Data Security

    Our 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.

  2. Regulatory Compliance

    Ensuring 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. 

  3. Payment Fraud Protection

    Our 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

John Gabbert

Founder and CEO PitchBook Data

Customers are king at PitchBook and SPD Technology shares in this mission. For the last 13 years, SP Technology has helped us scale product development and continuously deliver the product functionality our clients need to make smarter decisions.

Industry-Leading Achievements

Recognition of b2b research and review platforms

Vector
An information technology (IT) research and consultancy company

Emerging provider in the Information Technology and Services space

Frame 710 (3)
A platform of in-depth client reviews, data-driven content, and vetted market leaders
  • Top Software Development Company
  • Top B2B Service Provider
  • Top Java Development Company
  • Top 10 Web Development Company
Frame 710 (4)
Access industry data and vetted lists of top companies around the world
  • Top 5 Global Java Developers
  • Top B2B Firm
Top Developers
A dedicated, graded through research and analysis, directory of IT service providers – Top Software Developer
  • Top Software Developer
  • Fastest Growing Mobile App Development Companies of USA
Goodfirms
A research and review platform that helps service seekers to opt for the best firm
  • Top Software Development Company
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Digital Platform to deliver insightful features from across the global corporate world
  • Best Software Development Company
  • Best Custom Software Engineering Solutions

Case Studies

Success Stories

AWS infrastructure Fintech Web development

How We Helped FSA/HSA Payments Company to Improve Existing Product 

  • briefcase Industry: Financial Services, Payments
  • globe-earth Country: the USA
  • users-group Team Size: 2

Highlights Client The client is a Business-To-Business-To-Consumer (B2B2C) company working in the payments industry. The startup was founded in 2022 and quickly became popular among large businesses, allowing merchants to accept Flexible…

View Case Study

Our Clients are Happy

To share their experiences

Fabrice Forget: Ex Chief Product Officer, PitchBook Data

Fabrice Forget

Ex Chief Product Officer, PitchBook Data

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!

Shariq Ahmad: Head of Technology, Morning Star INC

Shariq Ahmad

Head of Technology, Morning Star INC

All of their developers and technology staff are highly talented and very professional. Working with SPD Technology 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 distributed.

Steve Carner: Founder CEO, Haul Hub

Steve Carner

Founder CEO, Haul Hub

The team at SPD Technology exceeds expectations. Their professional communication style makes them stand out. They’re a skilled group of detailed-oriented workers. Customers can expect a team that provides helpful suggestions to better their clients.

Prasad Sridhar: Senior Engineering Manager eCommerce Solutions Company

Prasad Sridhar

Senior Engineering Manager eCommerce 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.

Develop Consistent Billing & Invoicing Software That Sets a New Standard of Efficiency! 

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 Customization
    Industry-Specific Customization

    At 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 Gaps
    Reporting and Analytics Gaps

    Since 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 Challenges
    Multi-Region Tax Calculation Challenges

    In 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 Ecosystem
    Integration into a Broader Payment Ecosystem

    In 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

From FinTech industry stalwarts to industry-leading eCommerce providers, from well-established large and mid-sized businesses in a range of verticals to promising digital startups

TouchBistro
Touch Bistro
An iPad-based restaurant point-of-sale system enabling owners to manage reservations and take orders instantly
HomeHub
Home Hub
Simple solution to storing all your home appliance manuals in one place and extending the life of appliances
Pie
Pie Insurance
A leading tech-enabled insurance company that provides workers’ comp coverage to small businesses
Foundomate
Fundomate
A financial services firm that provides automated funding, and alternative lending services for small businesses
Flolive
Flo. Five
Cloud-based connectivity enablement IoT platform encompasses a wide range of services across market verticals
Phoenix security
Appsec Phoenix
SaaS XSPN – Next Generation Application & Cloud Security Posture Management
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Space Needle
One of the most recognizable landmarks, a company that specializes in innovative travel and hospitality services
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Rocket Lawyer
A legal technology company that makes the law simpler and affordable for businesses, families and individuals.
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PitchBook
Financial data and software company with offices in London, New York, San Francisco, and Seattle.
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Poynt
All-in-one omni commerce payment solution with contactless, fast, secure, and safe payment processing
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Roсhe
An A Swiss multinational, the world’s largest biotech company that operates worldwide
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Morningstar
An American financial services firm that provides investment research and investment management services

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.

  1. Insurance Billing Software

    Being 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.

  2. eCommerce Billing Software

    Our 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. 

  3. Legal Billing Software

    With 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.

Engineer a Solid Billing Solution Together with a Top-Skilled Tech Team!

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.

  1. Unparalleled Quality

    During 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. 

  2. Transparent Communication

    Our 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. 

  3. Mature Project Management

    Our 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.

  4. Predictable Costs

    We 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.

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.

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Backed by Scrum.org Certification, our development team leverages the best principles of Scrum to build superior and iterative software solutions.

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