This week we’re excited to bring you more information about ARCHIBUS’ Cost Chargeback and Invoicing application. This tool is a great way to improve the process of charging back costs, issuing invoices, and tracking receivables to reduce administrative expense.
- Increases transparency of costs to improve real estate portfolio decision-making
- Improves operational efficiency through simplified chargeback/invoice/payment processing
- Decreases administrative errors with automated chargeback calculations and invoice/payment monitoring
- Streamlines chargeback and invoicing processes through intuitive Wizard-based interfaces
- Cost Chargeback and Inventory
Increasing efficiency and reducing errors in performing chargebacks and executing invoicing/receivables processes is essential for reducing the administrative cost of managing properties. Now both goals can be achieved with the ARCHIBUS Cost Chargeback & Invoicing application. This Web-based solution’s sophisticated Wizards enable lease administrators and portfolio managers to automate all real estate-related accounting functions. The Chargeback Wizard provides users with an intuitive tool for flexible cost allocation to internal cost centers and/or external tenants, while the Invoicing/Receivables Wizard enables accurate, automated billing and payment processes for enhanced account management.