BARPA- Billing and Rebate Processing Application

BARPA manages invoicing, billing, advisor/organisation reporting and management reporting for the brokers’ execution and clearing service.  This application produces following reports: invoices, remittances, transaction fees (ETOs, Equities, other fees) bills, monthly checklist and monthly fee summary.

The Invoicing /reporting processes are simple and straight forward. They start with the automatic selection of the processing company. The selection process includes the date range which a report or invoice is associated to. The application allows its users to generate monthly reports and present their results graphically.  The complexity of each process has been minimised, what enables all users to follow each step of any process intuitively.