ProviBPO™ - Business process outsourcing of commission settlement
As a billing service provider, cleversoft handles the complete commission settlement and all related activities such as sub-advisor billings for investment companies, asset managers and distributors as part of business process outsourcing.
By outsourcing aspects that are not part of the core business, our customers can on the one hand increase their process quality and on the other hand realize cost savings without their direct involvement.
Together with the customer the requirements for the billings generated in outsourcing are defined.These include details like the billing logic and intervals, tolerance limits for holding statements, accrual policy and required documents. With cleversoft’s Financial Services Toolbox we integrate the best practice approaches of our past projects on the basis of our knowledge base.