Jakarta, 27 February 2024 - Midtrans, part of GoTo Financial, has introduced Midtrans Invoicing, building on its commitment to deliver reliable payment gateway services for businesses of all sizes. 

Midtrans Invoicing offers an automated invoice management solution for business owners, enabling them to easily and efficiently bill their customers. This gives business owners more time to focus on business development.

Haryanto Tanjo, Group Head of Merchant Services, GoTo Financial, said: “Many business owners still rely on manual receipts or invoices as proof of payment. Besides being impractical and slowing down a business’ administration process, it also creates issues when businesses need to track payments. With Midtrans Invoicing, business owners now have access to an electronic invoicing service that includes automatic reminders and payment links. Midtrans Invoicing expedites the invoice billing process to customers, improves cash flow and drives business operational efficiency."

Valensio, the owner of Campsite Indonesia and an early adopter of the Midtrans Invoicing service, said:  “Midtrans Invoicing has transformed our customer payment process and has made sending invoices much easier. Before Midtrans Invoicing, we used three different software applications to create one invoice. Our team had to input all the billing details into a spreadsheet, create payment links for each invoice and use our mail account to send the invoices to our clients. We would then reopen the spreadsheet to record each payment, manually reminding clients via chat applications to settle their invoice. This traditional method led to late customer payments, which affected the company's revenue."

Midtrans Invoicing offers business owners four key advantages:

• Generate invoices automatically: With Midtrans Invoicing, old manual invoicing methods are no longer needed and business owners can immediately access automatically generated electronic billing, which includes payment reconciliation. The invoices are also professional-looking and are customized based on the business’ needs, from logos and purchase lists to discount calculations.

• Quick and timely payments: Midtrans Invoicing is embedded with automatic payment reminder settings for clients, enabling faster and more timely payments. Customers can choose from various payment options ranging from bank transfers and virtual accounts to Payment Links that facilitate debit/credit card payments and QRIS.

• Simultaneous multiple invoice creation: By using Midtrans Invoicing, businesses can accelerate the invoice creation process and manage multiple customers simultaneously with CSV file uploads. Midtrans provides an Application Programming Interface (API) for developer teams and business owners to integrate the invoicing process with the accounting system used by the business.

• Centralize income and expenses on one dashboard: Once funds are received through online transactions, businesses can immediately use those funds for their operational needs, including paying vendors and employee salaries, without having to first withdraw the funds. Integrated reports on a single dashboard also enable business owners to easily reconcile reports and monitor all transactions, with the transactions updated in real-time.

Midtrans Invoicing caters to the needs of a wide range of businesses including SMEs, service providers, distributors of various products, and more. For example, event organizers can use Midtrans Invoicing to request advance and full payments. Likewise, travel agencies can use Midtrans Invoicing to create and release numerous invoices simultaneously based on the travel packages that their client purchases.

For more information on Midtrans Invoicing, please visit the following link.