Electra Unveils New Fee Billing Solution

Ian Danic, Electra

While Electra already offers settlement, reconciliation and data collection solutions, Quantum is designed to "close the loop" to round out the vendor’s data processing suite, Fritz tells WatersTechnology.

Through the system, users can pull in the assets from a number of sources; they can calculate the fees in a repeatable, efficient manner; and then they can deliver those fees out to the client in a clean, clear statement so that the client can understand where their fees are coming from. Final