The Accounts Receivables and Collections Processing platform was designed to support the unique requirements of global asset and wealth managers. Bonaire’s product platforms are used by large investment firms to manage full sub-ledger accounting and send critical accounting data to most general ledger systems.
John Bosley, COO of Bonaire, said: The Accounts Receivables and Collections Processing offering is built on a superior technological platform allowing for scalability, flexibility, and growth.
Our collections functionality is unlike any other offering in the marketplace today because it includes a rules-based auto payment matching by bank source capability. The user interface and application configuration is greatly simplified for the specific needs of the financial markets we target. The application is very intuitive, is web, browser-based, and is offered at a fraction of the cost of other main stream A/R applications.