Bonaire Software has released new version for its Revenue Management and Fee Billing (RMFB) software, REVPORT version 8.5 with new enhancements to address the key business drivers for institutional and wealth management clients.

According to Bonaire Software, REVPORT version 8.5 allows clients to track, manage, and report on their Account Setup process; automatically enforce segregation of duties for Fee Billing and Accounts Receivable processing; and create and enforce simple to complex automated validation steps for Receivables Payments with easy to use user definable workflow rules.

Revport version 8.5 features support complex relationships and fee structures automatically through set up default fee structures by product and apply overrides when needed; analyses fees for complex relationships across multiple invoices to automatically manage and calculate group discounts, minimums, and maximums; and manages and reports revenue productivity automatically by tracking revenue by product, market, account manager, or any other classification required.

In addition, its enhancements to Bonaire’s add-on modules, provides reporting and analytics capability across client’s revenue processes and data for all functional level needs while it’s intuitive features endow business end users with the ability to create reports and OLAP cubes to help monitor and streamline tasks and to provide important decision making information.