Financial Institutions Streamline Investment Management Operations with Cloud-based Solution from Fiserv
December 12 2018 - 8:53AM
Business Wire
Optimized design and guided workflows simplify
fee billing and invoicing
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
- Advantage Fee™ from Fiserv –
https://fisv.co/advantagefee
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
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version on businesswire.com: https://www.businesswire.com/news/home/20181212005444/en/
Media Relations:Ann CaveDirector, Public RelationsFiserv,
Inc.678-325-9435ann.cave@fiserv.com
Additional Contact:Alexander ShorterSenior Manager,
Public RelationsFiserv,
Inc.678-231-0226alexander.shorter@fiserv.com
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