Effective recovery of dues is a very important function in the value chain of any business organization, as it brings in the much needed cash – the life-blood of business. Ability to raise bills and statement of dues accurately and easy for the customers to understand is crucial to the entire accounts receivables process. Errors in managing this crucial part of the organization often leads to revenue loss on account of errors in bill generation and presentment.
Datamatics Global Services offers a portfolio of solutions that allow organizations in industries as diverse as telecom service providers, utilities service providers, credit card providers, mutual funds and other financial institutions like banks and insurance companies, etc generate bills and statements accurately with a fast turn-around time. The solutions include:
- CISS – A telecom billing solution
- HOMES – A utilities billing solution
- iDP – An intelligent Document Processing solution that is capable of integrating information from multiple sources, interpret it intelligently and present a unified statement of a client’s multiple relationships with his service provider.
The solutions are available for custom roll-outs as well as in the form of hosted (SaaS – Software as a Service) model.
- High accuracy in billing and statement generation
- Significant reduction in revenue leakage
- Greater customer satisfaction
- Multi-channel customer touch-points
- Significant cost reduction in billing and Statement generation with high level of automation