Streamline Shared Billing And Cost Allocation
Automatic Cost Allocation Software
Elevate your enterprise with advanced Streamline Shared Billing and Cost Allocation solutions crafted by Adapt IT EPM, apart of the Adapt IT group. Our automated allocation software with billing management features seamlessly integrates internal expenses, aligning them with financial workflows for precise reporting on supplier-to-customer cost structures. This ensures unmatched efficiency and accuracy.
With our simplified billing software, you can effortlessly forecast technology expenses, oversee vendor contracts, and set pricing schedules while accurately allocating costs to internal departments or clients. By automating these financial oversight processes, we enable businesses to concentrate on strategic growth and operational excellence, securing a competitive advantage in managing enterprise-related costs.
Customer Pain Points
Administrative Overload and Inefficiency
Accuracy and Reliability Issues
Inefficient Workflow
Lack of Scalability
KEY FEATURES
Automated Invoice Workflow
This automated invoice approval workflow can be integrated into a customer’s invoice process for effective validation, approval, dispute, and alignment with financial payment processes.
Detailed Line-Item Processing
Facilitates the processing of detailed invoice line-item details, allowing the customer to generate exception and validation reports to highlight invoice and billing anomalies.
Cost Allocation Per Unit
Streamlines the process of assigning costs across various internal business units or cost centres, automating financial allocation to enhance accuracy and efficiency.
Advanced Billing Dashboard
This robust dashboard offers drill-down capabilities and intuitive navigation, making it easier for businesses to gain valuable insights and make informed decisions.
External & Internal Client Workspace
Seamlessly manage cost centre structures, customer tiers, service counts, and contract management within our streamlined cost management workspace, catering to both internal and external clients’ needs.
Effective Pricing Schedule Management
Encourages costing accuracy from your suppliers by using a user-input pricing schedule to apportion costs to the business accurately.
Customisation
This multi-language, multi-currency platform is designed to adapt seamlessly to the unique needs of enterprises operating across various regions and markets. It supports precise reporting and integration across languages and currencies while flexibly meeting specific billing and cost allocation requirements with minimal effort.
BI analytics and dashboards
Our solution offers advanced Business Intelligence (BI) analytics and dashboards with powerful features like drill-through capability and intuitive usability to identify actionable insights.
Allocation Model
This feature allows you to gain complete control and visibility over your allocation model, with a master view of internal cost apportionment, for effective decision-making.
Pricing Catalogue
Use our dedicated pricing workspace to efficiently manage costs procured from external suppliers and allocate them to clients.
Allocation Pricing
Use this feature to align your internal cost allocations with customer size, service counts, and Service Level Agreement tiers, enabling the precise calculation of per-unit costs tailored to individual client needs.
Benefits
Efficiency and Time Savings
Accuracy and Reliability
Enhanced Visibility and Control
Cost Optimisation
Streamlined Data Management
Seamless Integration
Our Streamline Shared Billing and Cost Allocation solution promises accurate cost apportionment through reliable cost management process automation and seamless integration. It also offers bespoke customisation to meet your enterprise’s unique needs.
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