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WIZARD: Later Income
Everything. Done. Easily.

  • Later income is complex – how does WIZARD simplify processing?
  • What functions are covered?
  • How does WIZARD help to increase your revenues from later income?

“From retail, for retail.”

Developed with passion,
matured in practice.

WIZARD actively controls and comprehensively realises later income.

The benefits of WIZARD at a glance:

Easy, central and automated administration

Efficiency
  • Comprehensive recording of supplier agreements

  • Central administration of agreement types

  • Copy of agreements into the new financial year

  • Automatic rule-based distribution of payments

Optimise revenues from later income

Profitability
  • List of open items for tracking

  • Detailed forecast with extrapolation, actual sales and own adjustments permits proactive control of spend and optimal income

  • Deduction management and automatic annual consolidation

  • Pro forma invoice for auditing

Comprehensive data insight

Reliability
  • Recording of activities in WIZARD

  • Central data storage and data security

  • Import and export of data (e.g. to Microsoft® Excel®)

  • Global deployment with multi-lingual capacity and multi-tenancy

Compliant and paperless processing

Compliance
  • Paperless invoicing and accounting, transparent and compliant posting of payments reduces fraud risks

  • Integrated process cycle for vendor statement inquiries

  • Attachments and archiving of relevant documents in WIZARD

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