Managing the professional memberships of an organisation’s employees can be a real headache. That’s where Prenax comes in. Our memberships service is summarised thus:
Consolidated invoicing, saving processing time and costs
By using Prenax, you can reduce perhaps thousands of invoices to consolidated monthly, quarterly or annual invoice and these can be combined with or separated from, the regular journals invoices.
Centralised management of your professional memberships does not only control costs and improve process efficiency, it also enables you to effectively manage compliance risks associated with practicing professionals’ maintenance of their membership with professional bodies.
Renewals process same as with subscriptions
Prenax consolidates orders due for renewal and notifies you typically four months before expiry, allowing for internal approval and lead-times necessary to process payments.
We can notify a central co-ordinator in your organisation of professional membership renewals so the co-ordinator may discuss requirements internally before approving the purchase. The process to confirm a renewal for a professional membership within the Prenax system is as simple as clicking the “Approve” button.