Vantage, the leading cloud cost management platform for modern engineering teams, this week announced the availability of automated Managed Service Provider Invoicing. This new feature allows Managed Service Providers (MSPs) to automate generation and distribution of invoices to their end customers. Vantage MSP customers can now conduct the entire lifecycle of a customer’s billing processes, including creating billing rules, allocating costs, and invoicing customers for payment all directly within Vantage.
“Despite directly managing a considerable portion of the overall Infrastructure market on behalf of hundreds or thousands of their end-clients, Managed Service Providers haven’t had good options for software to help them manage them accordingly,” said Ben Schaechter, co-founder and CEO of Vantage. “MSPs managing multiple client environments face significant operational overhead when it comes to billing – and they’re forced to use decades-old, expensive incumbent software. Vantage’s new invoicing capabilities eliminate the manual workflows that have historically slowed down these processes. By automating invoice generation and distribution, we’re helping MSPs focus on delivering value to their customers rather than wrestling with antiquated and expensive billing systems.”
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Previously, MSPs relied on time-consuming manual workflows involving external systems and spreadsheets to generate invoices, often requiring custom tooling or coordination with finance teams. MSP Invoicing addresses this challenge by providing automated invoice generation with final, unchanging amounts directly within the same platform where costs are tracked and managed.
Now, with Vantage MSP Invoicing, customers can generate PDF invoices directly within Vantage, including detailed cost breakdowns and customer metadata such as IBAN, VAT, and business addresses. Invoices support multi-currency billing and can be reviewed, regenerated if needed, and automatically distributed to customer billing contacts. MSPs can also integrate these invoices into general ledger systems. Vantage also offers this functionality at a cheaper price than incumbents, with a modern, intuitive user experience.
Source: Businesswire