EXEControl® provides all the tools necessary to
manage service, support, warranty and any other type of
contracts. These features include:
Recurring Billing:
EXEControl® supports recurring billing of various services
to customers on any billing interval, including weekly,
monthly, quarterly, semi-annual and annual cycles. A given
customer may be billed for different services on different
cycles if necessary. Analysis tools to monitor patterns
and discrepancies are available from within the EXEControl® program
suite.
Deferred Revenue Recognition:
The EXEControl® system provides the option of automatically
apportioning recurring revenue to the general ledger in
the period in which it is earned, not billed. The un-posted
portion is accumulated in a liability account. A report
is provided to reconcile the general ledger to the customer
invoicing.
Dealer Invoicing:
Some service companies provide their services for a group
of dealers as well as to their own customers. EXEControl® maintains
individual billing records for each end user but consolidates
them into a single batch invoice to the dealer, which
includes an attached subscriber list. The accounts receivable
aging report may be sorted by dealer to aid in the collection
process.
Automatic First Billing:
When a new service contract is set up, EXEControl® will
generate the first bill immediately, including a prorated
calculation to bring new contracts to the first of the
month, regardless of the actual on-line date. This aids
in getting bills out quickly and gives the user a chance
to review the actual billing immediately to ensure that
all information was recorded correctly on the service contract.
Automatic Write-Offs for Cancelled Customers:
When a customer cancels service, EXEControl® provides
the ability to automatically write-off all outstanding
invoices in a single step.
Automatic Credit Card Processing:
EXEControl® accepts credit card payments for any invoice,
performing all required electronic communications with
the credit card company. Individual customers may also
be set up to have their credit card automatically charged
for recurring invoices.
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