Ayuda Announces Release of BMS.net™ Invoicing 2009 Package

Updated Invoicing & Finance Package Includes Automatic Transfer to General Ledger, Separate Billing and Revenue Recognition Schedules, And Automatic Credit Adjustments

Joe Cotugno, New York, NY

Sep 16, 2008

Ayuda Media Systems, developer of the world’s most advanced media management platform for OOH companies, today announced the availability of the Invoicing 2009 Package – an integral component of their BMS.net™ suite of OOH management software. The Invoicing 2009 package contains innovative new features such as direct transfer to leading GL systems at the click of a button, as well as automatic credit adjustments, and separate billing vs revenue recognition schedules.

With the BMS.net™ Invoicing 2009 package, finance teams at OOH media companies can now transfer data directly into AR batches in leading accounting packages such as Microsoft’s Dynamics GP (formerly Great Plains). The Invoicing 2009 package also supports separate billing vs revenue recognition schedules, which, when combined with the transfer to GL feature, virtually eliminate the need for manual GL adjustments. Based on the billing and revenue schedules defined in the system, BMS.net™ will automatically create the necessary GL entries that handle deferred revenue and accrued billing. Some of the enhancements in the BMS.net™ Invoicing 2009 package include:

  • Transfer to GL – Automatically transfer billing and revenue recognition information to leading accounting packages
  • Separate Billing vs Revenue Recognition Schedules – Send invoices on a separate schedule from your revenue recognition
  • Automatic Credit Adjustments – Modifications to campaigns automatically trigger credit adjustments in the GL
  • Modified Billing Dashboard – Easily track if a campaign’s billing has been modified before generating an invoice batch • Missing/Invalid Billing Dashboards – Track campaigns that are missing billing and/or have invalid billing defined

And more!

“With the release of Invoicing 2009, we have focused on delivering features that reduce manual entry by the finance team,” explains Joe Cotugno, Vice-President of Client Services at Ayuda Media Systems. “By minimizing human intervention, BMS.net™ minimizes the likelihood of errors, and consequently makes the finance team’s job more efficient.”

ABOUT AYUDA

Ayuda Media Systems (Ayuda) has been providing the D/OOH industry with the world’s most sophisticated media management platform for over 10 years. As the developers of the Ayuda Platform (which notably includes Juice™, Splash™, BMS™, Zest™ Rewind™, Cerebro™, and now, Alto™), Ayuda’s products have invoiced over two billion dollars in OOH billing and provided media management functions for more than 500,000 advertising faces globally. The Ayuda Platform is cloud-based, and includes functionality for D/OOH networks such as avails and proposal generation, invoicing, lease payouts, financial reporting, inventory management, scheduling, content management, mapping, network monitoring, business intelligence, a free software player, real-time annotated proof of play, and the world’s only D/OOH vendor focused CRM. Ayuda was founded in 2003 by ex-Microsoft employees with the mission of empowering the D/OOH industry with state-of-the-art tools that make D/OOH easier to manage and buy. In November 2012, Microsoft presented Ayuda’s Splash™ product with the highly coveted Windows Azure Application – Partner of the Year Award for its use of the Microsoft Azure Cloud. For more information about Ayuda, visit www.ayudasystems.com

 

Joe Cotugno
Partner, Senior Vice President of Global Client Services
Ayuda Media Systems
+1 (514) 845-0824 x200