Page 30 - Millennium U4F Brochure 2021

MBilling (Powered by Icorp)
A Comprehensive Sales Invoicing Solution for Unit4 Financials Available From Millennium Consulting
For organisations with simple, low volume invoicing needs, using Microsoft Excel, Word, or a legacy billing system to generate sales invoices is often more than adequate. However, for those organisations that require more complex functionality or need to send out higher volumes of sales invoices, a more comprehensive sales invoicing/billing solution is essential.
Seamlessly integrated into Unit4 Financials, Millennium’s powerful and flexible billing solution, MBilling, (Powered by Icorp) supports
high data volumes and contains comprehensive billing/sales invoicing functionality including a comprehensive rules engine, smart algorithms, and data bridging.
The software supports the extraction of data from any source system and facilitates the data’s transformation into client designed formats, designed to meet your business needs. By implementing MBilling, clients can be confident that invoices are being sent correctly and on time, while at the same time dramatically reducing the operation risk associated with more manual processes.
The application offers:
• Either on-premise or as a cloud/ SaaS availability.
• A high degree of flexibility and configurability – supporting complex business processes.
• A ‘no code’ rules based billing engine that requires no need programming.
• Multi tax jurisdiction, multi- currency, and multi-lingual functionality.
• Rapid Return on Investment (ROI).
Sales Invoicing/Billing is a process in which data should flow seamlessly and MBilling has been specifically designed to support this. MBilling functionality includes the ability to:
• Accept data from multiple 3rd party systems using variable delivery methods and cater for multiple currencies and sales tax structures.
• Create a comprehensive pricing rules engine to allow multiple get the pricing matrices for customers, contracts, products and hierarchies.
• Process very high volumes of data both in source lines and invoice creation.
• Create detailed booking rules in conjunction with Unit4 Financials where the correct account
codes can be selected, and any reference data rules that are required can be set.
• Handle complex domestic
and international/export tax regulations for both goods and services.
• Create an order book holding the details of recurring invoices.
• Process inter-company transactions including special booking rules with Unit4 Financials.
• Operate with multiple invoice languages and currencies.