Bonaire Software Solutions, LLC made an announcement of its latest release of its market leading revenue management and fee billing software, REVPORT, version 8.5. The release is now available to Bonaire clients and has one or two major new enhancements added. "The REVPORT release 8.5 adds several major enhancements to address the key business drivers of our institutional and wealth management clients," expounded John Bosley, CEO at Bonaire.
With regulatory pressure inflating about daily, Revport V8.5 can help in relieving some of that pressure with its increased Workflow Processing and Audit functionality. Revport V8.5 permits users to better manage, track, and report on their Account Set up process and immediately enforce segregation of requirements for Fee Billing and Accounts Receivable processing. It creates and enforces straightforward to complicated automated ratification steps for receivable payments with proved and simple to utilize user definable workflow rules.
Revport V8.5 can help users to keep existing clients and win more clients by permitting them to support more complicated relations and charge structures immediately. It can help in setting up default fee structures by product and simply apply overrides when required. Also, it investigates costs for complicated relations across multiple invoices to instantly manage and figure out group reductions minimums, and maximums. It manages and reports cash productiveness instantly by tracking income by product, market, account executive, or any other classification needed.
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