Managing an organization’s employees’ professional memberships can be a real headache. That’s where Prenax comes in. Our memberships service is summarized thus:
Consolidated invoicing, saving processing time and costs
By using Prenax, a customer can reduce the administration of perhaps thousands of invoices to a single monthly, quarterly or annual invoice which either can be part of, or separated from, the regular journals invoices that are created.
Centralized management of a customer’s professional memberships will not only control costs and improve process efficiency, it will enable the effective management of risk associated with compliance; the importance of practicing professionals’ maintenance of their membership of professional bodies.
Renewals process same as with subscriptions
Prenax consolidates orders that are due for renewal and notifies clients typically four months before that order is due to expire, allowing for internal approval flows to take their natural course, and factoring in the lead-times necessary to process payment of the orders.
Professional membership renewals can be notified to a central customer coordinator, listing details of who the recipient of that membership is so that the coordinator may discuss requirements internally before approving the purchase. The process to confirm a renewal for a professional membership within the Prenax system is as simple as clicking a button to say “Approve”.