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In essence, recurring billing is a cyclic process, involving several key stages. These include invoicing, balancing (outstanding debts are balanced against the invoices), billing itself, processing of the claims, handling of declined payments, and assessment of fees (such as late fees or decline fees). Each stage has its own peculiarities, and, depending on a specific […]

Date posted: March 22, 2016 | Author: | Comments Off on Recurring Billing Lifecycle Diagram

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