Do you struggle with intermediary fee invoice payment processes?. Do any of the following questions plague you?

• Do your people spend hours digging through invoices emailed from a long list of distributors, each one different from the last one?
• Do you wrestle with how to validate whether these invoices are correct?
• How do you find the appropriate (and most recent contract)
• How do you make sure basis points or dollars per account are correct, and make sure the calculation for each line item of each bill is correct?
• Do you have people with special knowledge about how the contracts actually work in reality? Do you wonder what would happen if that person left?
• Has compliance come down and asked you for documentation about your manual processes? Do you worry about the results of you next audit?
• Have you asked for help from management, and found out that because of the downturn, all budgets are shut off, and you're stuck with what you've got?
• Does finance come down to your office looking for expense reports, and you're just barely keeping ahead of paying the bills, let alone summarizing expenses in different ways?
• Do you worry about making calculation errors when you allocate the expenses between the funds, and corporate?
• Do you run into problems when distributors buy one anothers assets, the billing changes, and nobody tells you?
• Does it cost you days when one of the distributors changes their invoice format, and now you have to rework the process for that bill?
If these questions bring you concern, come talk to Capnetix.

 




We can help you answer these questions about how to get smarter in your invoice handling, and compete in a tough environment.