Invoicing specialist vs account specialist

The differences between invoicing specialists and account specialists can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become an invoicing specialist, becoming an account specialist takes usually requires 6-12 months. Additionally, an account specialist has an average salary of $42,586, which is higher than the $37,166 average annual salary of an invoicing specialist.

The top three skills for an invoicing specialist include data entry, purchase orders and customer service. The most important skills for an account specialist are customer service, patients, and account management.

Invoicing specialist vs account specialist overview

	Invoicing Specialist	Account Specialist
Yearly salary	$37,166	$42,586
Hourly rate	$17.87	$20.47
Growth rate	-5%	-8%
Number of jobs	47,437	116,010
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 51%	Bachelor's Degree, 54%
Average age	51	46
Years of experience	6	12

What does an invoicing specialist do?

An invoicing specialist is primarily in charge of preparing and processing client bills. It is their responsibility to manage databases and payment systems, verify client information, list down the due amount and itemized account of goods and services, charge accurate tax, deduct discounts, and ensure copies of every invoice. They also arrange new client accounts, prepare receipts, keep an eye out for any errors or discrepancies, and assist clients by answering inquiries. Moreover, aside from processing invoices, they also perform various clerical support tasks such as handling calls and correspondence and organizing files.

What does an account specialist do?

An account specialist is responsible for reaching out to customers or potential clients through calls, emails, and other forms of correspondence to secure sales and strengthen business relations. An account specialist may also perform other tasks such as arranging appointment schedules with clients, providing price quotes and responding to further inquiries, process orders, generating sales leads, and handling complaints and resolving issues. Furthermore, an account specialist may also be involved in developing strategies, finding new opportunities, producing and completing necessary documents, and preparing reports, all in adherence to the company's policies and regulations.

Invoicing specialist vs account specialist salary

Invoicing specialists and account specialists have different pay scales, as shown below.

	Invoicing Specialist	Account Specialist
Average salary	$37,166	$42,586
Salary range	Between $29,000 And $46,000	Between $28,000 And $62,000
Highest paying City	Boston, MA	Washington, DC
Highest paying state	Alaska	Virginia
Best paying company	Baxter International	Microsoft
Best paying industry	Technology	Finance

Differences between invoicing specialist and account specialist education

There are a few differences between an invoicing specialist and an account specialist in terms of educational background:

	Invoicing Specialist	Account Specialist
Most common degree	Bachelor's Degree, 51%	Bachelor's Degree, 54%
Most common major	Business	Business
Most common college	University of Pennsylvania	-

Invoicing specialist vs account specialist demographics

Here are the differences between invoicing specialists' and account specialists' demographics:

	Invoicing Specialist	Account Specialist
Average age	51	46
Gender ratio	Male, 22.5% Female, 77.5%	Male, 32.2% Female, 67.8%
Race ratio	Black or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.4% Asian, 6.6% White, 67.6% American Indian and Alaska Native, 0.6%	Black or African American, 13.2% Unknown, 4.1% Hispanic or Latino, 17.8% Asian, 3.7% White, 60.8% American Indian and Alaska Native, 0.5%
LGBT Percentage	7%	8%

Differences between invoicing specialist and account specialist duties and responsibilities

Invoicing specialist example responsibilities.

Manage PO tracker in SharePoint adding the information including vendor name, PO number, amount and special instructions.
Ensure efficient sales order entry processes in CRM and ERP system to enable accurate order fulfillment.
Produce financial status reports using QuickBooks and ProStock.
Post total amounts and account numbers on forms process in ledgers log.
Answer phone calls from branches, employees and customers with questions about accounts, invoicing or payroll.
Act as purchasing agent for capitalize items, ensuring compliance with UW policy and maintenance of database.

Account specialist example responsibilities.

Cultivate productive long-term relationships with all assign accounts, and manage all reporting and presentation needs for RFP's.
Manage a portfolio of accounts end to end RFP program execution inclusive of pricing, contracting, process and technology solutions.
Manage the daily correspondence from assign practices with keeping doctor/patient confidentiality under consideration along with HIPPA regulations.
Deliver exceptional customer service to hospital accounts and internal sales representatives in accordance to revenue recognition policies and HIPAA regulations.
Experience with CMS 1500 and UB-04 claims using HCPC/CPT codes as well as NDC codes
Monitor CMS and real time aux codes.

Invoicing specialist vs account specialist skills

Common invoicing specialist skills

Data Entry, 16%
Purchase Orders, 8%
Customer Service, 5%
Invoice Management, 5%
Credit Memos, 5%
Vendor Invoices, 4%

Common account specialist skills

Customer Service, 25%
Patients, 13%
Account Management, 6%
PowerPoint, 4%
Data Entry, 4%
Catheter, 3%

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Invoicing Specialist
Invoicing Specialist vs Account Specialist

Updated January 8, 2025

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