“Management is doing things right. Leadership is doing the right things” Peter F Drucker

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Body Corporate

What can we do for you?

NetBILL is an affordable, web based, system that automatically generates recurring invoices and simplifies the management and distribution thereof.

  • Automatic collection of funds from members
  • Successfully collected funds are transferred to you

The process requires minimal user input, allowing you to focus on the task at hand of managing the body corporate, without incurring increased administration costs.

NetBILL promotes better relationships between you and your members. One of the major benefits of NetBILL is that you can access your information from anywhere, at any time. Ultimately, NetBILL:

  • Promotes better cash flow management,
  • Reduces administrative costs,
  • Requires little user input,
  • Allows you to focus on managing the body corporate.

Invoice & collect – how does it work?

Often significant time and effort is required on the part of the Body Corporate in collecting funds essential to the upkeep (and improvement) of property.

NetBILL simplifies the task through a two step process:

Step 1: Invoicing (asking for payment)

  • Invoices only need to be created once. NetBILL can process a large number of invoices of a similar amount.
  • Invoices are automatically raised and distributed on the following basis:
  • monthly
  • bimonthly
  • quarterly
  • semi annually (twice a year)
  • annually
  • Global price changes are quick and easy to do. This is especially convenient when there is, for example, an unanticipated rate increase.
  • Automatically manages escalations. This is convenient as it allows you to set when fees should increase in advance. It is no longer necessary to remember the dates on which escalations are due to take effect.
  • Automatically starts and terminates member invoices within specified periods.

Step 2: Collections (getting what you asked for?)

  • Automatically collects outstanding amounts. This is convenient for your tenants as they do not have to remember to make the deposit.
  • Manages rejections, return of payments and recollections. If the debit order is rejected, NetBILL will recollect the outstanding amount.
  • Provides a detailed reconciliation of the collected amounts.

Benefits – unique to your industry

  • NetBILL is a fully automated system allowing you to focus on the more important issues surrounding the management of a body corporate
  • Reduced infrastructure and human resources are required to:
  • generate a large volume of invoices
  • manage collections
  • reconcile collections
  • manage rejections, return of payments and recollections, this allows you to spend more money on the REAL issues that are important to your members.
  • No initial investment in systems required.
  • Reduced risk of internal theft and fraud
  • Very convenient for your members and allows you to build better relationships with them.
  • Real-time information enables you to see the accurate status of your collections at any time and thus reduces uncertainty.
  • Rapid results can be achieved with minimal effort.
  • Exception management
  • Reduced staff resource required
  • Reduction in excess resources (office space, etc.)
  • Improve service levels

Can lead to the following reduction of costs

  • Bank charges
  • Staff remuneration
  • Staff remuneration (managers)
  • Overheads (general)
  • Office rental
  • Invoice distribution
  • Uncollected amounts (mismatching)
  • Bad debts