The iMIS Billing module enables you to process billing and record- related cash receipts for all categories of customers, whether your processing requirements are simple or sophisticated.
The four main functions of the Billing module include the following:
The Billing System is designed to manage the billing process for cyclical-type products. Cyclical products typically include dues, magazine and journal subscriptions, as well as other products that cover a set time period before becoming eligible for renewal. Billing manages mass renewal processing to bill a group of customers whose cyclical terms are nearing expiration as well as the individual on-demand billing of customers for either renewal or initial billing purposes. For new customers the billing process can be streamlined to be processed simultaneously with recording the payment for the products in a one-step approach
Billing can accommodate a variety of billing situations and scenarios, including those discussed in the following sections.
10.5 Production Release. Updated 2/23/2006 1:42:02 PM
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