By using TotalObserver, the billing and billing tracking process is fully automated. Employee attention shifts from manual account generation to business control and analysis, resulting in higher business quality and better business results.
Invoicing and tracking billing for retail outlets and shopping malls is a very demanding job, especially in multi-currency countries. Contracts are usually in one currency (EUR), and invoicing and collection are done in local currency (RSD, HRK, DEM). If we add to this the problem of changing prices and bad habits in terms of settling obligations, the team that implements these activities has a serious job.
Automatic statement processing enables a clear distribution of payments by documents and billing tracking.
Price indexing, changes due to rent-free period or step-up and so on are defined in the contracts, and the software further uses this data in the process of issuing documents.
Exchange rates are automated: TotalObserver daily obtains the bank’s exchange rate and uses it in the calculation of the client’s indebtedness for all obligations indexed in foreign currency.
Batch issuance of documents is facilitated: after controlling the generated debts, it is possible to print a large number of documents with one click.