Electra Billing

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Overview

Rigid, inflexible billing systems, lead to fee billing errors, increased costs and slower revenue collection.

As a controller, CFO, or billing manager, you need an intuitive, cost-effective workflow-based solution that provides customizable security, performance fee billing and complex fee schedule creation. Electra Billing is a fully compliant solution that grows your business while at the same time manages your costs.

Electra Billing, previously known as Quantum, streamlines your operations with efficient fee billing automation, invoicing analysis, accounting and reporting. This comprehensive offering ensures that your cash flow management is efficient and accurate with archives and audit trails for compliance, and improves service levels with customized communications and reporting to help strengthen client relationships.

The solution helps eliminate errors, reduce costs and accelerate cash flows through its reference fee schedules and fee payment activity, extensive data importing and exporting capabilities and enabling users to run advanced reporting using Electra’s secure architecture.

Key Features

Electra Billing helps to eliminate errors, reduce costs and accelerate cash flows.

  • Quickly reference fee schedules and fee payment activity
  • Leverage extensive data importing and exporting capabilities
  • Run advanced reporting using a secure architecture
  • Enforce segregation of duties
  • Preserve as-of-date account settings
  • See point in time results for audits
  • Allocate operating expenses/fees and other fees such as legal fees to an account/fund or across multiple accounts/funds based on either NAV or AUM
  • Calculate management fees based on specific account profiles
  • Process simple and complex fee schedules using a powerful calculation engine
  • Choose from licensed and installed software or “software as a service” models

Key Benefits

Automation dramatically increases efficiency Streamline your operations with efficient fee billing automation, invoicing analysis, accounting and reporting.

Integration reduces operational risk Ensure that your cash flow management is efficient and accurate with archives and audit trails for compliance.

Revenue-sharing tools streamline workflows Improve service levels with customized communications and reporting to help strengthen client relationships.

Product/Service details

User Suitability (Capital Markets & Investment Mgmt)
Asset Managers, Wealth Managers