Contract and Service Billing for Infor SunSystems
For those who have not come across Contract and Service Billing (CSB) before, it provides users with a reliable and extremely flexible system for managing your debtor invoices. It also allows for the creation of recurring contract, service, and ad-hoc invoices. With CSB, users can raise and issue invoices based on their existing debtors with SunSystems utilising the data they already have. When an invoice is created in CSB, it is posted directly to the SunSystems Ledger. There is no requirement for an expensive bridging solution to maintain a single ledger. As with all of our process automation solutions, CSB directly integrates with SunSystems at a level that competitors cannot match! CSB also has the ability to import invoices from external solution to be formatted and sent, with all imported invoices being posted directly to the users ledger against their debtors.
Why it is powerful out of the box!
- Real-time integration with Infor SunSystems.
- Ability to set up unlimited invoice types with different posting rules.
- Functional security to restrict access to admin functions.
- Importing invoice data from external sources.
- Ability to maintain multiple number sequences if there is a need to cater for multiple data sources.
- Multi-currency capability.
- Dependent on settings to optionally generate contract refunds.
- Price books allow for the automation of price changes and quantity pricing.
- Calculation and condition codes to cater for complex pricing structures.
- Powerful reports writer for customisation of invoice layouts and custom reports.
Why CFOs love CSB:
- Improved analysis and reporting for complex accounting.
- Revenue recognition of revenue over multiple periods.
- Invoice and credit note approvals process.
- Real-time visibility over invoicing and spending.
Why Accounts Receivable love CSB:
- Integrates data seamlessly with Collect for Infor SunSystems for debt collection.
- Ability to email invoices.
- Contract review reminders.
- Rollback on contract invoices.
- Bulk import from third party data sources or invoice generation.
- Contracts can be amended at any time.
- The sundry invoicing option offers a flexible option to produce ad-hoc invoices.
- Accrual of repayment and arrears.
- Multi-currency.
More on Contracts:
- You can have multiple contracts per debtor code.
- CSB can be configured to bill daily, weekly, fortnightly, monthly, quarterly, semi-annually, or annually.
- A contract can cover any number of periods. CSB allows part periods for start and end periods.
- Full revenue recognition capability gives the user control over the accounting.
- Different initial and recurring amounts with pre-determined new amounts. This allows one-off amounts such as set up fees.
- Option to have contract refunds.
- Contract billing in advance or arrears.
- Line items can be added or suspended on existing contracts.
- A schedule of contract review dates can be established.
- A contract run can be rolled back due to any error, and reapplied once the errors are corrected.
- Price books can include uplifts, e.g. CPI escalations.
- Printing matrix allows mixture of contracts and invoice layout.
- Roll-back on contract invoices.
- Amend contracts and any time.
- Sundry invoicing for ad-hoc invoices.
More on Collect integration:
- You can set up CSB to automatically create a note in Collect when an invoice is generated, and then attach a copy of the invoice to the note.
- From within Collect, the user can drill down and review or reprint the CSB invoice.
To see it in action, contact your Client Management Team!