Automated billing, invoice management and financial system integration
TradeSwitch® can be configured to act as a sub-ledger which co-exists with any existing financial system. Integration between TradeSwitch® and other financial systems varies from a daily ledger import to a real-time database synchronisation between systems.
TradeSwitch® has a built-in scheduler which enables the automation of billing and invoice generation as well as direct email distribution to customers according to defined business rules.
TradeSwitch® also has a highly configurable charge engine which allows automated service fee definition and management according to predefined business rules.
The TradeSwitch® billing component caters for flexible accounting periods and will calculate the age analysis reflected on statements as configured for each customer.
TradeSwitch® supports multiple invoicing models such as:
- Invoice on order
- Invoice on delivery
- Invoice on sale
- Invoice on activation