Billing
Reduce revenue leakage and decrease the cost of your billing
Lower costs by automating manual processes and rationalizing multiple legacy billing systems
Benefits
Here’s how Billing can help your bank:
Reduce revenue leakage from fragmented billing processes
Reduce write-offs by ensuring consistency between what was agreed with the client and what has been set up—every time
Gain visibility into a client’s entire relationship, such as client hierarchy, products, services, and transactions
Enhance the client experience by simplifying their reconciliation and cost allocation processes a detailed, consolidated bill or invoice tailored to client preferences
Digitize the quote-to-cash cycle for the bank when integrated with Deal Manager
Get up and running quickly with a rapid, out-of-the-box, SaaS deployment on the cloud using Microsoft Azure
Features
Discover how our capability can transform the way you approach your Billing:
Create consolidated, granular invoices and statements by designing detailed invoices or statements in multiple formats
Integrate with Deal Manager to establish an end-to-end solution to streamline deal negotiation, execution and monitoring
Provide a single view of the client-product hierarchy, including pre-determined processing options and custom billing groups
Set up pre-configured billing cycle profiles with the ability to change profiles at any time and configure separate billing and settlement schedules for different products
Provide bank employees with detailed visibility into the status of an invoice throughout the invoice lifecycle
Configure an internal workflow to support invoice creation, review, amendment and approval
Generate reports, automate exceptions management, and create a library of pre-defined charge codes
Related capabilities
Explore additional capabilities that complement and enhance your experience with Billing
Analytics
Monitor, detect and adjust your products, pricing, propositions, rewards and relationships
