Training Management System - Financials

There finance section of TMS includes features that allow for the pricing, discounting and invoicing of training deliveries.  

The pricing system allows for customer specific prices to be generated for any course.  These prices are then automatically applied through the booking process.

The flexible rule based discount system allows for complex price changes to be applied to the base price of training.  This can include bundling of courses, date based pricing or other methods which can be setup by rules.  Discounts can apply a specific discount or a percentage.  It is possible to limit the training components which can be discounted.  For example only discount the training delivery and not accommodation components.

Voucher codes can be created which link into the discount system.  These codes can be used as part of a checkout process to drive specific discounts.  Full reporting of voucher use is available.  Vouchers can have limits applied to the number of uses that are available.  Vouchers can be a very powerful way of linking marketing activities to the revenue generated.

Invoices can be generated automatically directly from bookings in the system as a method of payment.  The invoices can be exported to directly from the system to load into your finance system.

Features

  • Flexible pricing system

  • Multiple price lists

  • Powerful discount engines

  • Correct pricing shown to logged on customers

  • Bundle Pricing

  • Voucher Codes for tracking marketing

  • Integration with Accounting Software

  • Powerful reporting

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