finPOWER Connect Cost Centres Add-On

The finPOWER Connect Cost Centres Add-On allows you to track requests made to third parties, such as Credit Bureaus, by Cost Centre.

This allows you to vary Credit Bureau Accounts based upon the Business Units within your Organisation. In other words, you can have multiple Credit Bureau Accounts within finPOWER Connect.

Cost Centres require the Branches Add-On as a pre-requisite.

Without this Add-On, there is one "Global" Cost Centre that defines the various Service Accounts you use. This means all Credit Enquiries for a Credit Bureau will be tagged to the same Credit Bureau Account and billed together on one invoice.

With this Add-On, each Branch and/ or Entity can have their own Credit Bureau Account and credentials/ settings defined via a Cost Centre.   As you process a Credit Enquiry, you select the Branch (which identifies the Cost Centre) that is used to perform the Credit Enquiry under. In this way the Credit Bureau enquiries you perform can be allocated to different Credit Bureau Accounts and therefore appear on separate invoices.

Analysis by Cost Centre of requests can also be undertaken in finPOWER Connect.