FastSettle


Automate complex billing, settlement and reconciliation processes to save time and money.

If your business model requires you to share a portion of your transactions with partners, collect commissions from multiple companies or settle in multiple currencies, our i2c FastSettle product will make your life easier. These scenarios can quickly become an operational nightmare prone to errors and delays. i2c FastSettle simplifies this complexity by automating the entire process from soup to nuts.

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Key Features

 

Billing

Load details of your contracts – prices, billing events or other material requirements – and let i2c FastSettle automatically calculate invoices or commission statements.

Settlement

Determine how, what and when settlement will occur with your partners, and send payments with ease. Customize all aspects of how settlement occurs from one centralized location.

 

Reconciliation

Tie it all together by verifying that all activities have been completed accurately. Catch errors early and provide your partners with a way to coordinate with you on discrepancies.

Reporting

Run detailed reports on amounts billed and settled. Slice and dice the data any way you desire to gain deeper insights into your business.

FastSettle

 

Why it’s Special

 

Eliminate the manual processes that cost you time and money. Ensure that you bill or settle on time, in the manner and method required for every situation.

Easily handle situations that can get messy, such as multiple levels of stakeholders or settlement entities, unique billing requirements and multiple currencies.

Customize all processes to meet your needs. Get creative with your pricing and business model knowing that i2c FastSettle can accommodate unique partner arrangements.

Never miss a settlement cut-off again or leave money on the table due to miscalculations.

Give your partners access to reconcile, report errors, generate reports and verify invoices or statements.

Generate payment files in any format and automatically send to multiple financial institutions. Generate reports and files for all major accounting system.

 

 

Use Cases

   

Partnerships

Clear, settle, bill and report according to hierarchical criteria, customizable to suite your different partners needs.
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Multiple Business Areas

Slice and dice settlement and reporting information across your various business units.
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Operations Efficiency

Reduce costs, improve accuracy and eliminate manual processes.
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Reconciliation

Turn the complex and lengthy reconciliation process into an organized, quick and easy task.
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