At Architelos we seek to find the best solutions for our clients. We are pleased to present to the domain name industry, Folio Exchange: your effortless billing solution. The Folio Exchange platform is a proven software as a service (SaaS) product that has been operating for over 10 years, with over $1B of billings, within the hotel and hospitality industry. Architelos and Folio Exchange have teamed up to bring an automated invoicing and remittance service to the DNS industry.
Download the Folio Exchange Information Flyer
The Folio Exchange transaction review screens makes it easy to find any type of transaction whether that be a registration, renewal or land rush fee by domain name, effective dates, invoice number, registrar and more.
Easy and Accurate Industry Billing
The explosion of new TLDs and their accompanying creative marketing programs and credit terms has led to a dramatic increase in the labor hours and headaches for registry and registrar accounting departments.
Registry Service Providers (RSPs) are not setup to handle complex billing and remittance needs. As a result, both registries and registrars spend excessive amounts of time and energy manually creating, reconciling, and processing invoices instead of focusing on how to better grow their businesses.
There is a better solution: Folio Exchange, the world leader in automated billing and remittance services. Our web-based trade A/R and A/P modules automate and streamline the entire billing process for registries and registrars.
Automated Invoicing for Registries and Registrars
Folio Exchange solves your invoicing and remittance headaches. If you are a registry, we take your back end transactional data, apply pricing rules, marketing discounts/rebates and credits, and then automatically generate and deliver an invoice on your behalf. If you are a registrar, our solution automatically imports invoices from any source and reconciles them to your store front sales activity & credit card merchant reports. The system automatically flags all erroneous transactions for follow-up.
Both registry & registrar users can then log into the Folio Exchange secure portal to review these errant invoices and un-reconciled transactions to quickly resolve any disputes. All users can drill-down from the invoice to the specific domain name transaction. Payments are easily handled via the portal as well. By moving to an exception-based accounting process with Folio Exchange, your company will slash hours of manual labor as well as dramatically improve billing accuracy and efficiency.
Folio Exchange portal gives you full control over your business partner relationships. Registries can manage credit, invoicing cycles, disputes and more. Registrars can manage incoming invoicing, remittance & more.
Folio Exchange for Registries
Folio Exchange possesses a unique, innovative, and complete set of account receivable tools and services for Registries:
- Ability to import transaction data from all major RSPs
- Apply pricing rules and discounts to these transactions
- Convert billable transactions to invoices
- Apply marketing rebates and credits
- Automatically calculate taxes and VAT
- Drill down from invoice total to individual transaction charge
- Review, edit and update invoices prior to delivery
- Automatically deliver invoices to your registrars
- Registrar Portal allows your registrars to
- Review and pay invoices online
- See their credit limit and available balances
- Enter any billing dispute questions
- Complete credit monitoring tools and limits
- Set credit limits by parent, subsidiary or TLD
- Up to four monitoring thresholds
- Send out statements & messages per threshold
- Additional services:
- NumberSense™ deferred revenue module from Architelos
- Multiple legal entities and currency functionality
- Business Intelligence module
- Custom reports and queries
Folio Exchange for Registrars
Folio Exchange possesses a unique, innovative, and complete set of accounts payable tools and services for Registrars:
- Import invoices from almost any source
- Reconcile invoices to store front sales
- Errant transactions are automatically flagged for review
- See invoice details on the system
- See all store front details on the system
- Drill down to individual transaction charges
- Approve and add notes to invoices
- Registry Portal allows registries to
- Review and reply to disputes online
- Pull down remittance advice
- Easy payment processing
- Automatic delivery of remittance advice to registry
- See all your payments online with ability to drill down to each transaction paid
- Seamless integration to your General Ledger
- Additional services:
- NumberSense™ deferred cost calculation module
- Multiple legal entities and subsidiary functionality
- Business Intelligence module
- Custom reports and queries
Please contact us at [email protected] to schedule a demo and learn more about how Folio Exchange can reduce your cost, speed cash collections and improve financial reporting.