Struggling with adapting new client fee arrangements?
Implement Flexible Fee Billing Technology
User-Defined Fields – set custom fee billing parameters
Import Different Data Sources – import custodian, accounting, or client data
Billing Frequencies – monthly, quarterly, off-quarter, semi-annual, annual
Calculate Invoices Using Different Values – daily/monthly average, month-end/quarter-end, four-month average, prior/current quarter average
Combine Accounts on Invoices – aggregate assets & combine billing OR aggregate assets & bill separately
API – connect to CRMs and other systems
More Choices, More Options
Accounting for Cash Flows
- Adjust invoices based on cash flows from custodians or accounting
- Use a percentage threshold to see specific cash flows
- Calculate cashflow impact based on beginning of month/quarter, month-end, and quarter-end values
Invoice Calculation
- Calculate invoices in USD or any other currency
- Add/remove discounts as appropriate
- Calculate performance fee impacts
- Add any outstanding balances or credits owed to client
