Revenue & Incentive Management System
Manage multiple revenue streams and incentives with a single integrated platform
Wealth managers and financial intermediaries work with several systems trying to consolidate revenue streams and manage incentives. With MoneyWare’s Revenue and Incentive Management System (RIMS), you get a single consolidated solution to manage a comprehensive suite of processes including maintenance of standardized rate cards to invoicing and accounts receivables and much more. Spend your valuable time on growing the business and less time on manual computation of data.
Enhance customer satisfaction with speedy, accurate and streamlined revenue reports and better performance from your financial intermediaries with on-time incentives management.
Revenue and incentive management solution – features
Calculate management, performance, advisory and transaction based fees
Revenue accruals calculated automatically
Handle receivables and payables, reconciliation activities and automate
the generation of periodic reports
Manage third party manufacturer rate cards with flexible parameters such as value or volume for multiple periods
Track incentive programs for sales force and client engagement teams based on various indicators
relating to employee compensation
Maintain receivables and payables schedule, product-wise receivables and payables from/to channel
partners and employee incentives
Facilitate actual pay out to channel partners/sales force
Provide business and operational MIS
Maintain client and company accounts with an easy to use General Ledger interface
Enhance customer experience with MoneyWare’s Reporting Services.
Automate, generate, facilitate – your revenue management cycle made easy
Plug revenue and fee leakage with rules-based computation
Speedy reconciliation for better cash flow management and payment cycle
Optimize operational costs due to increased automation, comprehensive and accurate reporting
Increase greater satisfaction and improve relationships with timely distribution of fees and commissions for direct and indirect channels
Provide high level of data integrity through a controlled operational workflow across various users
Miles Software Leader in IBS Intelligence Sales League Table 2018
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