What are the advantages and disadvantages of billing system?

Answer 1

Computerized billing systems:

Advantages:

Generates the claim

Records all charges & payments in the system

Automatically posts to patients accounts

Reduces paperwork

Minimized errors

Disadvantages:

High Initial Cost

Special Trainings for Personnel

Viruses

Losing data from power failure

Hackers

Computer fraud

Answer 2

Hi!

I'm currently working for an Australian company (Select Software) that provides large scale, customisable billing software for organisations (primarily in the telecommunications industry).

The advantages and disadvantages of billing systems really depend on the product you are using. You can get billing software products that are packaged for particular uses (like running small businesses) and you can also find customisable billing systems that can be tailored to most specifications. These are both generally billed on a monthly subscription basis.

The major advantages of having billing systems in place are

• They allow you to effectively manage customer payments
• You can customise the systems to your industry
• Outsourcing your billing system allows you to specialise in your own industry
• Billing systems are cost effective and save you money in the long run

Disadvantages are

• Most larger systems aren't open-source (free to the public)
• The more flexiblity you need for your system, the more expensive the software will become.

That's all I can think of. I'm not an authority in the area though (I work in pr).

Hope that helps!

Answer 3

Advantage and disadvantage of Using a Computerized Account System