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Third-Party BillingHave you ever noticed the eye roll when you ask for a split check at a restaurant? You’re having a great time with your friends and the wait staff is doing a great job, and when you ask to split the check the server’s demeanor instantly goes icy. It’s because split checks are a hassle. But split checks are part of doing business, any business. Beyond the restaurant world, third-party billing and split payments are a headache every accountant faces whether it’s between providers and insurers in the medical profession, or multiple donors in the nonprofit sector. Virtually every business will confront a third-party billing or split payment inquiry at some point. Denali and Denali Fund accounting software make it easy to answer those requests with an enthusiastic “YES!”

Denali offers a one-of-a-kind solution to the third-party billing and payment dilemma that is unmatched by other accounting software providers. In today’s business world, third-party billing and split payment capabilities are non-negotiable items for accountants—they are simply a way of life! Cougar Mountain Software’s Denali allows users to intuitively split billings and payments, and then reconcile them without creating headaches. In fact, third-party billing and split payments in Denali and Denali Fund are as simple as adding a payer and assigning them to the billing item. One of accounting’s perpetual puzzles is easily solved by deploying Denali or Denali Fund within your organization.

Medical Equipment Rental / Leasing

Track Inventory and Pay Multiple Payees From One Program

Being in the medical equipment rental industry presents two unique challenges: inventory tracking and paying out multiple recipients (or third-party billing). To turn those challenges into strengths, we’ve unveiled these features in our Denali accounting software. Whether your company works with local hospitals, patients in home care, or both, if you rent out of your inventory and have multiple payees, Denali will work for you.

4 Pro Tips for Preparing Your Year-End Financial CloseHow You Can Close the Books and Ring in the New Fiscal Year on Time

It takes 60 seconds for the ball in New York’s Times Square to drop 141 feet and officially ring in the New Year. That’s not a lot of time to consider all the things you want to accomplish in the next 365 days, let alone think about all the things you didn’t quite get to before 11:59 on December 31.

Nonetheless, as you’re contemplating you quarter-one goals, and why you didn’t quite get around to running that marathon, you don’t also want to be confronted by the things you could have done better or devoted more time to, including your year-end financial close.

With the end of the year so near, we’re giving you our top four pro tips for ensuring your books are closed well before the clock strikes 12.

Cougar Mountain Software develops leading on-premises accounting solutions. Our hallmark software, DENALI, is specifically designed to scale to clients’ needs while maintaining an unbreakable audit trail.