InvoiceConnect - Solving the intermediary fee invoicing problem

Fund companies and their distributors share a common problem...the high cost and complexity of generating and processing intermediary fee invoices.  Capnetix is piloting a solution to automate the invoicing process, in direct cooperation with fund companies and distributors.  By linking intermediaries and fund companies together using a simple, easy to use solution, InvoiceConnect eliminates the labor traditionally required to handle invoices via paper or email (with PDF or Excel attachments). Because of reduced processing times at the fund companies, intermediaries receive their payments faster.

InvoiceConnect provides executives at fund companies and distributors with online analytics for understanding their revenue (distributor) and expense (fund company) and helping to manage their fund distribution relationships.

Capnetix is presently working with one major fund company and major distributor to establish a no-risk pilot of the InvoiceConnect solution.  If your fund company is struggling with the high cost and labor of handling intermediary fee invoices, contact us.  The sooner your company implements a no-risk pilot, the sooner you will be able to reap the benefits of higher invoice automation.

The end goal of finishing and deploying this product in cooperation with distributors and fund companies is to lower operating expenses at both the distributors and the fund companies, improve invoice payment accuracy and reduce errors, improve cash flow for the distributor, and provide better analytics for both distributors and fund companies.

Want to Learn More?
 

Featured Services

Newsflash

Capnetix "Open ended Fund" accounting module snap-in now supports 4 different fund structures, incuding Share Classes, Money Market, Price Appreciation (perfect for post tax institutional funds), and Allocation (perfect for institutional hedge funds that allocate NAVs to investors).  Contact Capnetix Sales for more details.

Who's Online

We have 6 guests online