There is no substitute for experience. The challenge in most complex transactional environments is that the payments you receive from your distributors do not accurately reflect the true nature of financial activity taking place nor do they provide you with any level of comfort that your distribution contracts are being adhered to. In most cases the information provided to substantiate remittances is insufficient to provide any clarity as to deductions, adjustments and the total transactional count during an accounting period. MAI is in the business of providing you greater clarity to monthly revenue management. We understand the distribution infrastructure as well as the financial methodologies and standards that are acceptable as best practices in the industries that we provide service in.
MAI provides a comprehensive solution to revenue management. MAI’s Monthly Financial Service is provided to all companies wishing to transform their financial accounting groups from administrative cost centers in to beneficial sources of strategic development for their organizations. MAI takes on all of the administrative tasks associated with managing all aspects of revenue transactions each month from invoicing to collections and everything in between. In short, MAI aims to provide a sub-ledger to your business relating to all transactions surrounding your business:
- Manage contract compliance of all existing contracts.
- Generate invoices for all distributors of your content monthly.
- Oversee the collection of past due amounts and manage the accounts receivable ledger.
- Track transactional counts by distributor, region and service
- Administrate launch of new services
Reporting that is easy to use readily available to your general ledger. At month-end close, MAI will summarize all transactions in very easy-to-use tables that we format so that they can be sliced and diced according to your specific needs.
MAI provides revenue services in the following areas:
- Cable & Telco