BILLING

Automated Billing

• Automate billing for various types of products or services, including one-time or recurring, time and expense billing, and/or milestone billing
• Bill in regular intervals and/or tie different types of milestones to the overall schedule and/or specific installments
• Create consolidated invoices from multiple contract lines in different contracts
• Route for approvals before invoice is issued
• Issue electronic invoices through email or paper invoices through the mail

Project Time and Expense Billing

• Automatically generate invoices from billable time and expenses, reducing revenue leakage and eliminating errors caused by manual processes
• Capture employee and contingent worker time spent on projects in a unified system for easier project billing
• Configure contract-specific billing rates for each member on a project
• Empower project managers to review, hold, or modify billable time and expense transactions without losing visibility to changes
• Preview invoices before issuing to customers
• Provide as much or as little detail on invoices as needed to meet your clients' requirements
• View all billable time transactions that have been modified, held, or waiting to be invoiced in a central project billing work area
• Invoice for goods and services within the same contract
• Support invoicing and utilization of unlimited prepayments
• Automatically apply advance payments to customer invoices, reducing manual steps needed and increasing invoice accuracy

Accounts Receivables

• Configure rules to automatically apply customer payments to invoices
• Support multiple payment methods including credit card and direct debit
• Gain insight into comprehensive customer details, including past activity, current and overdue balances, and aging history
• Work in Process reports provide insight into upcoming invoices for future cash flow analysis
• Directly link invoice adjustments to invoices
• Record and deposit a customer payment as a single consolidated step or separately to support the unique requirements of the specific transaction
• Manage payment returns and acknowledgements
• Create Day Sales Outstanding and Delinquent Days Outstanding reports to review collections efficiency