Lync.NET Launches First Web Based Billing System for Investment Professionals

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News Archive > 2004 > Feb > 4
New York, NY, February 3rd, 2004 – Lync.NET, the one stop for investment management technology launches Billing 2004™; a comprehensive Fee Billing System designed specifically for the needs of Investm
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February 4, 2004 (Press Release) -- Billing 2004 helps achieve straight through processing, reduces operating costs and automates the entire billing cycle at period end. Billing 2004 offers advanced capabilities such as:



• Automation of fee calculation and invoice production.

• Open Microsoft SQL database enables easy systems integration and reporting.

• Scalable Microsoft .NET front end enables IT managers to centralize processing and users to access the system from any web browser, with no client software installations.

• Flexible billing structures such as related account/family billing, tiered billing, flat fee billing and tiered asset class billing.

• Rules-based cash flow structures automate mid period pro-rating of new accounts, closed accounts, flows in and out of portfolios.

• Easy one-off credits, debits, and discounts.

• Automatic upload of fee data to leading custodians.

• Seamless integration with leading back office systems.

• Seamless integration with Microsoft Outlook™.

• Seamless integration with QuickBooks 2004™.

• Seamless integration with PackMan 2003™ for statement collation automation.



Billing 2004 is part of the InvestPro™ suite of products. All of the InvestPro™ components can operate as a seamlessly integrated whole solution or à la cart with your existing systems. The products are scalable to accommodate a range of investment firm sizes and budgets. For more information on Billing 2004 or other InvestPro™ offerings; please contact sales@lync.net



About Lync.NET

Lync.NET’s product suite, the InvestPro™ is the first and only complete, integrated, web-based, Microsoft SQL database throughout solution that automates mission critical requirements of professional investment firms.



Lync.NET was founded in 1995 and has provided technology solutions to hundreds of professional investment firms ranging from investment advisors to century old global custodians.





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For more information:

Cara Brosnan
Vice President of Sales & Marketing
Lync.NET
245 West 29th Street,
New York, New York 10001
Tel: 212-971-9299

Publisher: Cara Brosnan - Lync.NET




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