Making billing easy
With Zafin’s Billing Management, your bank can automatically track customer compliance against contractual obligations and deliver a detailed, consolidated bill or invoice that’s tailored to customer preferences.
With Billing Management, CIBC was able to centralize ten billing systems into one.
CIBC Business Banking
Increase revenue by plugging revenue leakage from manual billing processes.
Reduce costs by automating manual processes and rationalizing multiple legacy billing systems.
Enhance client experience by delivering a detailed, consolidated invoice tailored to the client’s preferences.
Boost accountability and auditability through detailed invoices.
Consolidated, granular invoices and statements
Automate the creation of a single, consolidated, and detailed invoice or statement, available in multiple formats, while providing bank employees with detailed visibility into the status of the invoice throughout the invoice lifecycle.
Client groups and hierarchies
Provide a single view of the client-product hierarchy.
Configure an internal workflow to support invoice creation, review, amendment and approval.
Configure billing schedules
Automate processes by setting up pre-configured billing cycle profiles at implementation, with the ability to change profiles at any time.
Explore by role
Find out how these specific roles in your bank can benefit from this solution.