Billing

Priority supports a variety of billing methods and functions, including project-based billing, recurring revenues (services, rentals, etc.), pre-defined payment terms, delivery-based billing and more, all of which are tightly linked to our revenue recognition methods.
These preconfigured, field-proven capabilities make invoicing and cash flow management a matter of automated control, rather than a labor intensive, time consuming and error-prone manual process.

Key Features:

  • Customer billing based on project-related time and expense reports

  • Customer billing of billable support calls

  • Customer billing of reimbursable support time

  • Billing-based commission and incentive calculations and payment processing

  • Online bill payment, allowing customers to select from predefined payment methods and billing plans.

  • Online (web-based) and IVR PCI compliant credit card processing

  • Credit card reconciliation with full audit trail from order placement through the deposit of paid amounts

  • Automatic invoice generation with reference to one-time/recurring payments and their terms (quarterly, monthly…), including special discounts/finance charges based on applicable payment terms, sales tax, arrears, proration, and more

    Receipts that reference invoices directly inherit applicable terms for accepting payment or issuing credit