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30 June 2020
New Jersey
Reporter Rebecca Delaney

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Tegra118 updates Advantage Fee offering

Tegra118 has released version 8.5 of its cloud-based billing and revenue management system, Advantage Fee.

The provider of wealth and asset management technology solutions stipulated that the updated version will include advanced user experience and persona-based user interface functionality for improved user experience and increased operational efficiency.

These enhancements mark Tegra118’s investment in modernised technology, such as increased cloud compatibility with Amazon Web Service and Microsoft Azure, and invoice automation workflow using Appway technology.

Advantage Fee 8.5 will also include a wider representational state transfer application programming interface catalogue for more efficient upstream/downstream integration.

Tito Singh, chief revenue officer at Tegra118, commented: “Our clients and prospects are looking for a state of the art billing and revenue management solution. Our investments and enhancements to Advantage Fee provide the solution they are looking for, leading to a stronger pipeline and increased client satisfaction.”

Kashyap Kapasi, director of product management and strategy at Tegra118, added: “We have been partnering closely with our clients to identify new use cases where we can provide solution enhancements and continue to guide the industry forward with our platform. Our collaboration has yielded significant enhancements to our offering with each subsequent release, creating a powerfully compelling and holistic package that resonates well with our clients.”

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