Billings

What are Billings? Billings are the invoice amounts billed to customers. This can be over a certain time period, like a month or a full year. Simply put, billings are when you actually collect money from your customer. What does billings mean in finance? Billing is defined as the step-by-step process of requesting payment from …

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Why are billings important? Your billings drive your cash flow. If your bookings are healthy, but your billings are significantly lower, your business might look like it’s doing well on the revenue front, but it’s possible that you’ll run into cash flow problems. Why is Billings important in SaaS? Billings provide insight into the health …

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