“A man who pays his bills on time is soon forgotten” Oscar Wilde

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Questions & Answers -
NetSOLUTIONS approach to
Utility Bill Management

 

Do you need to collect funds from a number of tenants at the end of each month?

  • NetBILL automatically collects the outstanding amounts each month.
  • NetBILL provides real time (online) reconciliations of the collected amounts

 

Do you have constant issues with incorrect billing?

  • NetBILL puts you in control of what is invoiced and collected. You simply enter the amounts to be collected from your accurate measurement reports.

 

Does collecting these funds put a strain on the relationships between you and your tenants?

  • NetBILL allows you to build better relationships with your tenants because the outstanding amounts are automatically collected.
  • If the collection is rejected, NetBILL will automatically recollect the outstanding amount, without any further user input.
  • NetBILL will also automatically send out pro forma invoices to your tenants.
    This serves two vital purposes:

    1. Your tenant is reminded of the funds due
    2. The same invoice will be sent to you, so that any invoice adjustments can be taken care of well in advance of the invoice due date.

 

Do you need to portray a professional image to your tenant(s)?

  • Using NetCOLLECT to collect your outstanding invoices portrays an image of a large, efficient organisation.
  • Handling the collections and invoicing in such an organised, professional , way sets a president on how any future disagreements and disputes will be resolved.

 

Do you spend far too much time compiling and distributing invoices to your tenants?

  • Invoices, as well as invoice line items, are created only once.
  • NetBILL will raise and distribute the invoices automatically.
  • NetBILL allows for easy global price escalations and penalty fees to be added.
  • NetBILL reduces the administration and human resource costs of invoice distribution.

 

Do you often have to invoice tenants for back dated items such as back dated rate increases?

  • NetBILL makes this a simple process. All you need to do is create a line item that you can insert into each of your tenants invoices.

 

Are you still processing manually?

  • Manual processing is time consuming and opens the door for human error. NetBILL eliminates this as it is an automated system.

 

Do you generate a large volume of transactions? This requires increased human resources to manage.

  • NetBILL is specifically designed to handle large volumes of invoices of similar amounts.
  • NetBILL is an automated system and requires minimal user input. An invoice and its line items are only set up ONCE.

 

Are most of your Collections of a similar value? This makes receipting difficult.

  • NetBILL will provide online real time reconciliations of all the collected amounts.

 

Do you have an unpredictable Cash flow.

  • NetBILL Provides an online predicted future cash flow report, thus reducing uncertainty.

 

Is there uncertainty around your debtors’ payments? Does this cause cash flow problems?

  • The uncertainty around payments can put a strain on the relationship between you and your tenants.
  • NetBILL provides for online, real time reporting of your expected collections and thus reduces uncertainty.
  • NetBILL puts you in control of what is to be collected. You no longer have to wait for your tenants to make a deposit.
  • NetBILL allows you to effectively manage your cash flow.

 

Do you have high costs associated with administration?

  • NetBILL can reduce the costs associated with administration as it is fully automated. From invoice generation to collection and reconciliation, NetBILL requires very little user input to manage.