SmartRecon
Platform for revenue computation and reconciliation of third-party products like PMS,AIF
Platform facilitates revenue computation and reconciliation of third party products like PMS,AIF
Provides user-friendly reports to highlight and reconcile income differences at transaction level.
Generates GST invoices, tracks payments, and monitors payment delay.
Forecasting of Income based on active transactional data.
Generates business MIS reports based on Accrual Income.
Win Over your challenges with SmartRecon
SmartRecon is a comprehensive platform for the revenue reconciliation of third-party products like PMS, AIF, ensuring accurate tracking of income received from issuers.
Features
Key Features
- Issuer Master Maintenance.
- Product Master Maintenance – To allow users to maintain the third-party products and plans / schemes issued by PMS/ AIF providers.
- Simplified Income Rules definition –
- Allows defining the Management Fees & Referral Ratio to calculate the referral income.
- Upfront, One time Setup Fees, On Commitment Amount/ Valuation.
- Interface with Issuer via API/ File Based mechanism for Data upload –
- Transactions
- Holding & Valuation
- Income Receipt (Referral Fee income).
- Reconciliation Reports – Help reconciling the income at transaction level to avoid revenue leakages
- Forecasting of income based on as on date active transactional data.
- Invoice Generation and Tracking of invoice payments.
- Accrual Commission – Provision to get forecasting of income.
Benefits
Transaction level brokerage reconciliation.
Avoids excess payout to distributors.
Improved Operational Efficiency.
Ease of Adaptation.
Intuitive User Interface.