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What is Milsoft FMS?

You encounter numerous decisions that significantly shape the allocation of resources for the effective management of your utility. The consequences of relying on outdated or inaccurate information can adversely impact your decision-making processes. Our Financial Management System (FMS) is tailored specifically for utilities, offering workflows that are designed with our industry needs in mind. The functionalities provided to your accounting team establish FMS as an indispensable tool for aligning financials with regulatory requirements effectively. This system is engineered to handle data processing, accurately categorize information, and generate essential reports for all stakeholders involved. Utilizing this advanced technology not only enhances your decision-making capabilities but also boosts overall operational efficiency and productivity within your organization. With FMS, you can ensure that your utility remains competitive and responsive to ever-changing demands.

What is AQURIT?

AQ2’s AQURIT™ solution enables utility companies to handle customer bills and checks in large volumes with efficiency, ensuring fast and accurate processing that allows them to concentrate on providing exceptional service to their customers. This cutting-edge technology proves beneficial for cooperatives, municipalities, and rural utilities, as it automates tasks that previously required manual data entry. By utilizing image scanning for checks and remittance coupons, the system removes the labor-intensive process of manually inputting monthly payment details. Our software adeptly processes each scan, accurately extracting essential information whether checks arrive individually, with coupons, or alongside comprehensive documents. After gathering the data, it reconciles debits and credits, organizes the information into a transaction ready for posting, and integrates smoothly with any accounting system currently in operation. With AQ2’s AQURIT™ solution, organizations can digitally capture more customer information while retaining their current workforce levels, thus improving service delivery to a larger segment of the community without compromising profitability. Consequently, this innovation fosters enhanced operational efficiency that ultimately benefits both the utility and its clientele, leading to a more streamlined experience for all parties involved. Additionally, by reducing manual workload, utilities can redirect their resources toward other critical areas needing attention.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

Windows

Customer Service / Support

24 Hour Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Not specified

Training Options

Online Training

Company Facts

Organization Name

Milsoft Utility Solutions

Date Founded

1989

Company Location

United States

Company Website

www.milsoft.com/enterprise-accounting-utility-billing/financial-management/

Company Facts

Organization Name

AQ2 Technologies

Date Founded

1999

Company Location

United States

Company Website

www.AQ2tech.com

Categories and Features

Utility Billing

ACH Payment Processing
Account Management
Billing & Invoicing
Collections Management
Customer Management
Metered Billing
Non-Metered Billing
Online Payment Processing
Penalty / Cut-Off Processing
Rate Management
Water
Work Order Management

Categories and Features

Utility Billing

ACH Payment Processing
Collections Management
Metered Billing
Non-Metered Billing
Online Payment Processing
Penalty / Cut-Off Processing
Water

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