|Infomages management information consulting
Business analysis, database development and website design.
|Investment Product Service Fees Billing System
This database handles all the information our client needs for billing a third party on fund management fee as well as marketing and servicing fees. This invoicing package includes generating complex quarterly invoices with underlining fee schedules, asset detail reports and data download for the third party's internal checking. The whole process is now handled 100% electronically … no more interoffice mailing and FedEx.
This database not only corrects all the errors our client had on prior billings and also consolidates complex spreadsheet-based documents into one Acrobat “pdf” file. Besides achieving 100% accuracy, it also saves the client days each quarter on preparing the invoice package. Since the client implement this system,
the third party has been paying their fees more timely. As a result, the client's cash flow has been improved.