Infor CBS (Complete Billing System) is a powerful solution for simplifying and streamlining billing processes across complex industries like healthcare, utilities, and public-sector organizations. By consolidating multiple billing streams into a unified platform, Infor CBS helps organizations reduce errors, accelerate revenue cycles, and improve cash flow throughout the customer experience.
This article will explore the key features, benefits, and real-world applications of Infor Complete Billing System to help you understand how it can optimize your organization’s billing operations.
What is Infor Complete Billing System?
Infor Complete Billing System is a comprehensive enterprise solution that integrates pricing and billing into a single application, providing a modern user experience and pricing incentivization capabilities. It empowers organizations to navigate complex business deals effectively, facilitating innovation and ensuring transparent, streamlined negotiations.
Infor CBS is designed to meet the needs of global financial institutions. It offers a consolidated pricing and billing solution that enables them to offer innovative services to clients of varying scales and complexities. By generating insights and providing enterprise business intelligence, Infor CBS helps organizations make informed decisions and drive strategic growth across business units.
With various features and capabilities, including comprehensive deal management functionality, pricing precision, and regulatory compliance, Infor CBS is an ideal solution for financial institutions looking to streamline operations and improve customer engagement.
Key Features and Capabilities
Forecasting and modeling
Leverage advanced deal forecasting and modeling technology to create model deals and Proformas for clients and automate the implementation of the selected models.
Agnostic connections
Facilitate a simplified integration approach by connecting Infor CBS to any external payments system, ERP General Ledger, DDA platform, or product factory.
Regulatory support
Improve overall regulatory capabilities through out-of-the-box support, VAT/GST-compliant, AFP service code definitions, Basel III, and global credit rate programs within the Infor CBS landscape.
On-demand billing
Create and present consolidated billing statements that comprise the full range of any corporate user or treasurer’s financial activity.
Pricing incentives
Deliver tailored pricing strategies that improve employee engagement, increase revenue, and improve margins across business units.
Better customer experience
Utilize advanced data analytics, consolidated statements, streamlined workflows, and self-service portal options to improve engagement and experience for internal and external clients.
Why Infor CBS?
Modernized billing tools for global operations
Leverage Infor’s cloud-based, global transaction banking platform to gain comprehensive insights into commercial accounts and facilitate seamless global integration across applications, currencies, languages, geographies, and billing structures.
Advanced analytics for better revenue
Access, analyze, and report on customer data within the Infor CBS platform to support better pricing decisions based on customer footprint data, streamline data management, and drive greater liquidity across key customer accounts.
Accurate pricing for better customer satisfaction
Access standard, relationship, exception, and profile pricing options to improve customer engagement and satisfaction. Generate any combination of user-definable demographic and behavioral factors to assign customers to specific pricing options, tailor discounts and promotional pricing initiatives to customer needs, and support all currencies and global tax invoices.
Robust deal management capabilities
Create, model, and deliver multiple proformas and model statements for commercial prospects and customers. Automate the implementation of the selected deal structure and streamline integration for workflow review and approval processes.
Get Started with Our Infor Experts
Our team of senior-level Infor consultants is here to guide you through every step of your project, from initial assessment and system configuration to seamless integration with your existing platforms.
Whether you’re looking to streamline complex billing streams, improve revenue cycle performance, or enhance customer satisfaction, Surety Systems offers tailored strategies and hands-on support to ensure successful project outcomes and continuous business growth.
Contact Us
For more information about our Infor consulting services or to get started on a project with our team, contact us today.
