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The differences between billing managers and revenue managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a billing manager, becoming a revenue manager takes usually requires 8-10 years. Additionally, a revenue manager has an average salary of $86,270, which is higher than the $77,507 average annual salary of a billing manager.
The top three skills for a billing manager include patients, customer service and billing procedures. The most important skills for a revenue manager are revenue cycle, reservations, and customer service.
| Billing Manager | Revenue Manager | |
| Yearly salary | $77,507 | $86,270 |
| Hourly rate | $37.26 | $41.48 |
| Growth rate | 17% | 10% |
| Number of jobs | 38,709 | 110,405 |
| Job satisfaction | 3 | - |
| Most common degree | Bachelor's Degree, 46% | Bachelor's Degree, 63% |
| Average age | 47 | 39 |
| Years of experience | 6 | 10 |
A billing manager is in charge of overseeing the systems and processes concerned with billing in a company. One of their primary duties is to handle the receivable accounts to ensure smooth cash flow, assess the validity of bills, provide corrective measures when necessary, supervise the workforce's performance, and solve issues raised by staff. As a billing manager, it is essential to implement all policies and regulations while leading and encouraging the team in their joint effort to reach targets and deadlines.
A revenue manager is responsible for conducting price analysis and revenue strategies to support business development and improve marketing techniques. Revenue managers research on the current market trends, evaluate statistical data of resources, maintain reasonable rates, and match the competitiveness of other hotel industries. They also work closely with the marketing and public relations team on releasing press releases, managing media appearance, and publishing content on the digital platform. A revenue manager must have excellent communication and organizational skills, tracking business and financial transactions, and coordinating with potential clients for partnerships.
Billing managers and revenue managers have different pay scales, as shown below.
| Billing Manager | Revenue Manager | |
| Average salary | $77,507 | $86,270 |
| Salary range | Between $52,000 And $114,000 | Between $59,000 And $124,000 |
| Highest paying City | San Jose, CA | Novato, CA |
| Highest paying state | New Jersey | California |
| Best paying company | Meta | |
| Best paying industry | Utilities | Technology |
There are a few differences between a billing manager and a revenue manager in terms of educational background:
| Billing Manager | Revenue Manager | |
| Most common degree | Bachelor's Degree, 46% | Bachelor's Degree, 63% |
| Most common major | Business | Business |
| Most common college | California State University - Bakersfield | University of Georgia |
Here are the differences between billing managers' and revenue managers' demographics:
| Billing Manager | Revenue Manager | |
| Average age | 47 | 39 |
| Gender ratio | Male, 17.7% Female, 82.3% | Male, 41.6% Female, 58.4% |
| Race ratio | Black or African American, 10.6% Unknown, 4.8% Hispanic or Latino, 18.0% Asian, 5.8% White, 60.0% American Indian and Alaska Native, 0.7% | Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 8% | 10% |