Usage invoicing is the process by which à company or service provider charges for the costs associated with a customers use of its products or services. This can include things like electricity, gas, water, telecommunications, etc.
The process of billing for consumption generally consists of sending an invoice to the customer, which details the various consumptions and the associated costs. The invoice may be sent on a regular basis, such as monthly or quarterly, or it may be sent after the customer has used the product or service
Utility invoicing is used in many industries, including energy, telecommunications and utilities. It is a common way for companies to generate revenue and cover the costs associated with providing their products or services.