Billing Platform

OCTOBER 28, 2024

3) Collect, cleanse, and reconcile usage data This step must encompass all databases where information is kept to ensure accurate records of usage or events called. Then you may want to read our white paper Usage-Based Billing – Is it Right for Your Business. Referred to as mediation, this step can be complex.

Billing 98

Billing Computation Invoicing Reconciling 98

AvidXchange

AUGUST 5, 2022

When apartments turn over at the beginning and end of each school year, we may process more than one hundred checks in a single day, manually entering, reconciling and depositing them for payment,” said Clark. The company’s credit card transactions were equally cumbersome and time consuming, not to mention costly due to high transaction fees.

AR 52

AR AP Deposits Invoicing 52

AvidXchange

NOVEMBER 9, 2022

Bills for services and supplies are sent to individual buildings and property managers must make sense of them, reconciling what was billed with what was ordered and actually delivered. Firms often own multiple properties, some across state lines.

AP 52

AP Billing Budgeting Accounts Payable 52