Invoicing
Customized, Efficient Invoice Handling
Streamline the management of invoices from multiple vendors with Black Knight’s InvoicingSM solution – a sophisticated, web-based system that helps servicers save time and eliminate errors by automating every aspect of the billing and invoice process. Invoicing enables servicers to work with all their vendors on a single, end-to-end solution that incorporates Black Knight’s advanced workflow and rules-based technology, letting them configure the way their organization processes invoices.
Standardize and Streamline Every Step of Invoicing
From invoice set-up and processing to post-payment activities, Black Knight’s Invoicing delivers comprehensive capabilities and robust automation that help servicers gain efficiencies and maximize bottom lines. Invoicing integrates with Black Knight’s MSP® servicing system and other Black Knight default servicing solutions.
The solution helps servicers:
- Handle invoices in a standardized format
- Gain efficiencies
- Save time and expenses
- Automate otherwise manual, labor-intensive processes
- Reduce errors
Efficient Access to Service-Released or Acquired Loan Invoices
To track invoices inherited from service-released or acquired loans, servicers can take advantage of the Invoice Copy feature, which enables users to view inherited invoices directly from the Invoicing application instead of searching a repository for previously billed expenses or scrolling through pages of documents to find an image. Additionally, invoices are automatically associated with the new servicer’s loan numbers
End-to-End Features
Workflow and rules-based technology
Invoice
standardization
Advanced
automation
Access to all vendors on one system
Configurable to servicers’ unique processes
Integration with the MSP servicing system
Self-service
reporting
Invoice Copy tracks service-released or acquired loan invoices