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MoneyWare Revenue and Incentive Management

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MoneyWare Revenue & Incentive Management System

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A centralized repository system for revenue management

MoneyWare Revenue and Incentive Management System (RIMS) is an enterprise solution for Invoicing and Receipt generation accounting of revenues. The solution empowers organizations to generate revenue data by facilitating maintenance of rate cards for receivables from third parties, managing incentive schemes/plans for sales force and client engagement teams, computation of commission receivables, incentives and payables; managing payment schedules and generation of business and operational revenue MIS.

MONEYWARE RIMS - PRODUCT FEATURES

PRODUCT FEATURES

  • A multi-currency platform that captures revenues accrued in multiple geographies across multiple currencies
  • Manage third party manufacturer rate cards with flexible parameters such as value or volume for multiple periods
  • Management fees and charges
  • Product wise receivables and payables from/to channel partners and employee incentives
  • Incentive programs for Sales force and Client engagement teams based on various indicators relating to employee compensation
  • Maintain Receivables and Payables schedules
  • Facilitates actual pay out to channel partners/sales force
  • Performs and preserves reconciliations using third party feeds
  • Covers various asset and product classes for a multi-tier organizational structure
  • Provides business and operational MIS
  • Client as well as company books accounting and GL interface

Value Proposition

  • Rule based calculations eliminating fee/revenue leakages
  • Improves cash flow through timely reconciliation and reducing payment cycle
  • Optimizes operational costs due to increased automation
  • Empowers intuitive management information via extensive reporting
  • Ensures high degree of satisfaction for ongoing business relationship due to accurate and timely distribution of fees and commissions for direct and indirect channels
  • Provides high level of data integrity through a controlled operational workflow across various users

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