Financial Firms Achieve Savings With DonePlus Inc.’s Vendor, Invoice and Exchange Cost Management Solutions

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A new company has been formed in order to provide next generation cost management applications and services to financial firms. DonePlus provides cloud-based applications to reconcile and pay invoices, share contracts, and capture key billing and payment information online in order to save money on trading related costs.

DonePlus Inc. has been launched by veteran software entrepreneurs with a history of success helping large bulge bracket banks, hedge funds, and international buy and sell-side institutions reduce and control market data, telecommunications, and other trading related costs. Several leading firms, including 4 of the top 20 largest hedge funds, already use the beta version of its Cost Management product. This cloud-based application helps clients analyze vendor and exchange costs, reconcile and approve invoices, and store contracts online.

“Clients using our software can easily save 15% of their annual trading expenses with some receiving hard dollar savings upwards of $20,000 a month on vendor and exchange fees,” says Tim Vaughan, President of DonePlus. “By working with our team and using our software, it’s easy to pinpoint what services individuals, business groups, and organizations are using in comparison to what they are really paying for. This allows managers to determine when costs are necessary or redundant and if there are better ways to allocate overhead and eliminate unnecessary expenses. We provide an exceptional return on investment and help firms run a more efficient business.”

DonePlus provides cloud-based applications to share contracts, reconcile and pay invoices, and capture key billing and payment information online. Users are provided with a secure, single access points to store information relating to vendors, exchanges, contracts and inventory as and access to reports to analyze these costs and review historic data. DonePlus also provides consulting services to monitor data usage, identify service alternatives, and outsource administrative tasks. For more information send an email to info (at) doneplus (dot) com.

About DonePlus Inc.:
DonePlus Inc. is the easy way for financial service firms to control vendor costs, manage contracts, and pay bills online. Please contact us to hear more about how we could help you with any of your cost management, contract and invoice processing needs. We also offer market data and telecom consulting and audit services.

DonePlus is located at 12 Desbrosses Street, New York, NY 10013. For more information visit http://www.doneplus.com or send an email to info (at) doneplus (dot) com or call (718) 360-9971.

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