E-billing and invoice system

ABSTARCT :

Invoicing and billing application for different business purposes helps mainly the service providers and freelancers to manage, send professional invoices online, and track its status. Generally, all the small companies in Saudi Arabia facing a various issues for managing and tracking the invoice status of customers, which mostly back to the lacks of adapting new technology in these companies. One of these lacks is tracking the bills status for a detinite projects'. Therefore, this research intends to design and develop an online billing and invoice management system to expenses effortlessly and saves both time and money on the employees in the Saudi small companies (Sepco Company). The propose system intend to provide a digital tracking of the time spend on projects and send invoices directly to clients. An evaluation was conducted among 30 employees and business administrators at Sepco Company to perceive their opinion towards the system ease of use, usefulness, and satisfaction. The result revealed that the proposed system gained a satisfactory level among the participants.

EXISTING SYSTEM :

? Merchant authentication is embedded in the payment cycle. CONSEPP aims to use current financial transaction networks, like Visa Net, Bank Net and ACH (Automated Clearing House) networks, for communications among financial institutions. No certificates (in the classical sense) or certificate authorities exist in CONSEPP. ? This emulates the situation of physical retailing and so it is commonly called electronic retailing or consumer-oriented e-commerce. ? It frequently involves a temporary relationship and has relatively low volume of transactions and small payments. ? Billing charges are determined by events that occur in a communication system.

DISADVANTAGE :

? The strategic business issues which have shaped the design of MSBS. It describes the scale and complexity of the problem which makes the construction of a multiservice platform such a difficult feat of software engineering. ? Recognizing this, virtually all interested parties are exploring various types of electronic payment (E-payment) system and issues surrounding e- payment system and digital currency. ? The security issue is implemented via; encrypted passwords using hash function (MD5), the hash function (MD5) and CRC32. ? The implemented system introduced many flexible interfaces such as main system interface, user registration interface and E-bank services interface.

PROPOSED SYSTEM :

• In their paper, the authors improved the e-payment system with a smart card proposed by S.Brands, and present an anonymity-revoking e-payment system. • The authors propose a fair and secure billing system based on a proper combination of digital signature and hash chain mechanism. • The proposed system can achieve authentication, nonrepudiation, and fairness, which are desirable security requirements for an undeniable mobile billing system. • Moreover, the authors propose a simple method for secure shopping experience between merchant and consumer.

ADVANTAGE :

? It helps customers to compare various products in the range and class, study their features/performance and make an informed decision about the emergence of e-commerce has created new financial needs that in many cases cannot be effectively fulfilled by the traditional payment systems. ? Ecommerce, in a broad sense, is the use of computer networks to improve organizational performance. ? Increasing profitability, gaining market share, improving customer service, and delivering products faster are some of the organizational performance gains possible with e-commerce. ? In their paper, the authors presented a discussion concerning the performance of four network scenarios for billing purposes.