Fee Billing
Fee Billing That Protects Revenue, Trust, And Margin
If billing is even slightly wrong, everything downstream gets expensive. PureFacts helps firms calculate and bill complex fees accurately, consistently, and audit-ready, at scale, without the spreadsheets, workarounds, and recurring fire drills.
PureFacts Delivers for Their Clients
Reduction In Billing Cycle Time
Firms centralizing with PureFacts see significant time savings across billing cycles, freeing teams for higher-value work.
In Fees Calculated Annually
PureFacts processes billions in fee revenue each year with precision billing and zero-error tolerance.
In Assets Under Administration
Wealth and asset managers worldwide trust PureRevenue to calculate fees across trillions in AuA.
The Problem
Billing Is Not Back Office. It Is Revenue Control.
Billing sits at the intersection of revenue, client trust, and regulatory confidence. When fee logic lives in too many places: legacy systems, spreadsheets, one-off exceptions, tribal knowledge, firms see the same predictable outcomes.
The pattern is consistent across firms of every size: Revenue Leakage through missed rules and inconsistent exceptions that silently erode what you are entitled to collect, Operational Drag from end-of-cycle scrambles and manual reconciliation that consumes capacity, and Client Friction when unclear invoices and billing errors erode the trust you have spent years building.
In fines, one FINRA sweep
FINRA enforcement data, 2023
The Regulatory Stakes
In 2023, FINRA collected about $71 million in fines tied to billing errors and misaligned compensation, putting fee accuracy firmly in regulators’ crosshairs.
RBC partnered with PureFacts Professional Services to deliver a complex, large-scale Fees and Billing implementation, meeting every critical milestone on one of the most aggressive timelines in the firm’s history.
<1 Year
Production launch achieved
2.8M
Accounts calculated including sleeves
100%
Critical milestones met on schedule
The PureFacts Approach
What Changes When Billing Is Done Right
PureFacts centralizes fee logic, automates calculation and workflow steps, and maintains full visibility into every change, so billing is repeatable, defensible, and no longer dependent on who remembers how it was done last quarter.
Fees and Billing sits at the center of the PureRevenue Platform alongside Compensation and Practice Management, all built on a shared Revenue Book of Record. Every fee rule, every exception, and every invoice is governed within a single connected system, giving your team the accuracy, speed, and audit trail that fragmented tooling simply cannot provide.
The Solution
Fees and Billing: protect and grow your revenue.
Fees and Billing is PureFacts’ dedicated billing module, designed for firms that need to manage complex fee structures with precision, scalability, and full auditability. It handles the edge cases, exceptions, and volume that break legacy systems and spreadsheet-based workflows.
Where this page explains the philosophy and the problem, Fees and Billing is the engine that solves it at scale.
Explore Fees and BillingStop Revenue Leaking Through Billing
Centralized fee logic closes the gaps where missed rules and inconsistent exceptions silently erode the revenue you are entitled to collect.
Eliminate End-of-Cycle Fire Drills
Automation-first workflows and standardized calculations mean faster billing cycles and no more last-minute scrambles to close the books.
Answer Auditors With Confidence
Every calculation, change, and adjustment is traceable, so how you got to a number becomes a quick review, not a days-long reconstruction.
Turn Billing Into A Competitive Advantage.
If billing is still held together by spreadsheets, workarounds, and institutional memory, you are paying for it in leakage, risk, and cycle time. See how modern fee billing looks when it is built for complexity and designed for control.
Trusted by the top global financial firms