Optimized design and guided workflows simplify fee billing and
invoicing
BROOKFIELD, Wis.--(BUSINESS WIRE)--Dec. 12, 2018--
Fiserv,
Inc. (NASDAQ: FISV), a leading global provider of financial services
technology solutions, today announced that it is helping to simplify
investment management fee billing and invoice operations for financial
institutions worldwide. Its Advantage
Fee™ billing and revenue management solution has been enhanced with
a new, intuitive user interface, and will be available for the first
time via the cloud, enabling firms to achieve greater operational
efficiency with shorter billing cycles, faster fee collection, and
better revenue integrity.
Advantage Fee processes high volumes of complex invoice transactions and
automates invoice management. Cloud-based application support can reduce
total cost of ownership for financial institutions by ensuring access to
a scalable infrastructure with global deployment capability.
Fiserv product experts worked closely with clients to understand their
needs, and listened to, studied, and considered all feedback to put
together an updated user interface designed to accelerate productivity
and value for every Advantage Fee client and user.
Billing and invoicing information is presented in a simple, clean format
that can be accessed quickly with only a few steps. To further promote
efficiency, the system offers a user experience that is tailored to
specific job roles and responsibilities. Guided workflows take users
through each stage of the billing lifecycle, providing key status
updates and audit functionality. With dashboards and analytics, firms
can gain greater visibility to their billing data in real time for
improved revenue forecasting.
“In today’s competitive market, the need for automated, accurate, and
timely invoicing is greater than ever,” said Kashyap Kapasi, director,
product management and strategy, Investment Services, Fiserv. “The
sophisticated calculation engine of Advantage Fee combined with the new
user interface and the speed and power of the cloud enables firms to
take better control of their billing operations, lower infrastructure
costs and enhance efficiency amidst fee and margin pressure.”
Fiserv offers a wide range of technology deployment and operations
choices that enable clients to optimize performance, efficiency, and
flexibility in support of their business strategies. From on-premises,
hosted, application service provider (ASP), and expanding private or
public cloud options, to application programming interface (API)
integrations, Fiserv is continually innovating delivery capabilities to
drive high-value results for clients.
In a world that is moving faster than ever before, Fiserv helps clients
deliver solutions that are in step with the way people live and work
today – financial services at the speed of life. Learn more at fiserv.com.
Additional Resources
About Fiserv
Fiserv, Inc. (NASDAQ: FISV) enables clients worldwide to create and
deliver financial services experiences in step with the way people live
and work today. For nearly 35 years, Fiserv has been a trusted leader in
financial services technology, helping clients achieve best-in-class
results by driving quality and innovation in payments, processing
services, risk and compliance, customer and channel management, and
insights and optimization. Fiserv is a member of the FORTUNE®
500 and has been named among the FORTUNE Magazine World's Most Admired
Companies® for five consecutive years, recognized for
strength of business model and innovation leadership. Visit fiserv.com
and follow
on social media for more information and the latest company news.
FISV-G
View source version on businesswire.com: https://www.businesswire.com/news/home/20181212005444/en/
Source: Fiserv, Inc.
Media Relations:
Ann Cave
Director, Public Relations
Fiserv,
Inc.
678-325-9435
ann.cave@fiserv.com
Additional Contact:
Alexander Shorter
Senior
Manager, Public Relations
Fiserv, Inc.
678-231-0226
alexander.shorter@fiserv.com