In business IT, billing software refers to programs that handle the tracking of billable products and services delivered to a customer. Billing Software designed to handle time and billing tracking as well as invoicing customers for services and products. Billing softwarecan track the hours worked by employees as well as expenses associated with projects or clients. Most time and billing software also create billing cycle reports to display information such as hours worked, expenses incurred, how much to bill clients, and which clients owe money for specific projects.

The modern digital structures provided by billing software services and products are part of what has propelled businesses into the new digital era, allowing for more productivity and greater ease of business administration in general.