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FloBiz launches e-invoicing service on myBillBook

July 22, 2022

FloBiz launches e-invoicing service on myBillBook
Neobank FloBiz, which works to grow small- to medium-sized businesses (SMBs) in India, has rolled out a new eInvoicing service on its goods and services tax (GST) invoicing and accounting product myBillBook.

This will bolster myBillBook’s advanced billing capabilities, according to the press release, helping it generate invoices that are complaint with the government’s mandate on tax process simplification and improving tax planning.

It also helps businesses manage inventory, track receivables and payments, collect payments and monitor business performance with advanced reports, per the release.

Some of the things that can be done with the new service include adding eInvoicing for all companies at once if the user is dealing with multiple companies through a single account. The platform stores eInvoices permanently through a portal.

It will also let users choose from numerous invoice themes and allows them to add customized templates, and users can also add a QR code to link to the eInvoice if they want to.

Rahul Raj, FloBiz co-founder and CEO, said the company has always been adapting quickly to various new standards for accounting and billing.

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