Revenue and Expense Management for Recordkeepers

This document is a technical report detailing Broadridge’s Revenue and Expense Management solution, Revport, designed for recordkeepers in the retirement sector. It outlines the challenges faced by investment managers, including high operational costs and outdated processes, which hinder efficiency and control over billing functions. The report explains how Revport automates key business processes, consolidates data, and enhances visibility and control. It describes the solution's capabilities, including its ability to manage over 50 types of fees and streamline billing cycles. The document emphasizes the importance of automation in reducing operational risk and improving cash flow. It also highlights the solution's flexibility, allowing for various implementation options, including managed services and in-house installations. By adopting this solution, firms can achieve significant operational improvements and a return on investment through enhanced accuracy and efficiency in revenue management.