Invoicing™
Standardize and streamline every step of invoice processing
Invoicing™ is a web-based default application that helps simplify billing and invoice processes to deliver efficiencies across your loan servicing system. Through direct integration with the MSP® servicing system, Invoicing can post and retrieve current payment details to support accurate reconciliation. Invoicing also provides the flexibility to work with your organization’s vendors on a single, end-to-end solution.
Web-based default application that helps simplify billing and invoice processes through automation
From set-up to post-payment activities, the solution delivers comprehensive functionality and robust automation capabilities to help you gain efficiencies and maximize your bottom line.
Integration with the MSP loan servicing system
Invoicing supports a bi-directional interface with MSP.
Automated work item management
Work item management tools provide automation resulting in increased processing efficiencies.
Configurable rules
Define rules and exceptions to accommodate your servicing organization’s unique needs.
Invoice standardization
Your vendors can create invoices in the solution’s standardized format and send them to you electronically.
Bulk processing capabilities
Import or decision large volumes of invoices using bulk processing tools.
Comprehensive functionality and robust automation capabilities to help you gain efficiencies and maximize your bottom line
Our Invoicing solution incorporates ICE’s advanced rules-based technology, giving you the flexibility to configure the system to support your business processes. You can easily define business rules for allowables, invoice types and more to reduce errors from manual entry and manage risk through establishing controls.
Invoicing reports include activity-level detail against pending, paid and denied invoices for work-item management. Invoicing then takes a step further by creating a bi-directional interface with MSP or other loan servicing systems. This integration expedites process runs and check cutting while associating all invoice activity with the appropriate loan file.
MSP® loan servicing system
MSP®, ICE’s best-in-class loan servicing software, has set the industry standard and is unmatched, due to a strong focus on regulatory compliance and risk, protection of borrower-owned data, decades of proven performance and our commitment to continuous innovation. MSP offers servicers of all sizes the ability to tackle today’s most pressing business challenges.