Uploaded on May 2, 2020
Disbursement Management System
Guide on Disbursement
Management System
What are we going to Cover?
● What is Disbursement Management?
● How Disbursement Works?
● Types of Disbursement?
● What is Disbursement Management System?
● Where to get Disbursement Management Solution?
What is Disbursement?
According to Wikipedia “A disbursement is a form of payment from a public or
dedicated fund. Alternatively, it means a payment made on behalf of a client to a third
party for which reimbursement is subsequently sought from the client.”
In very simple disbursement is just paying out of funds or money whether to renovate
house, purchase anything or to run a business.
Disbursement are part of cash flow which is net amount of money spend & came in or
through a business.
How Disbursement Works?
Disbursement is payment made by a company in cash or cash equivalents during a
specific set of time, like half yearly or yearly or quarterly.
Disbursement are managed by a employee of company responsible for managing all the
details of transaction by keeping their documented entry.
Entry of disbursement should include the date of expenditure, payee name, amount given
or taken, method of transaction & purpose of transaction.
All these details effect companies overall cash balance.
Types of
Disbursement
Financial Aid Disbursement
Cash Disbursement THrough this disbursement Will Disbursement
process financial aid is paid to the
It is disbursement of cash These disbursement educational institutes or
paid in exchange of any process includes concerned person.
goods or services. Cash distribution of assets from a
disbursement can be made In major cases it directly goes to deceased person's estate.
on various scenarios & by college or university.
various payment methods. The executor is personally
Such disbursement are briefed by responsible for protecting
It can include refunds to a school and loan services in the estate legally until the
customer, dividend writing which includes the probate process gets
payment etc & can be amount of loan and expected completed & the assets are
made with a check, fund disbursement date. disbursed.
transfer or coins.
What is Disbursement
Management
System?
Disbursement Management is
management of all companies
cash flow & helping in improving
& maximizing cash flow of any
business while simplifying their
Financial Operations.
Disbursement Management
System helps in optimizing &
improving business operational
efficiency along with lowering
disbursement cost while
enhancing financial control across
all lines of business and
geographies.
1.9 Billion
$
According to Alite Group US Companies make more than 1.9 billion dollar payment to consumer
annually.
All these payments also known as disbursements, include insurance claims, rewards, rebates and
payments from businesses to workers.
Where to get Disbursement Management
Solution?
With so much importance of disbursement management system, softwares & tools where
do you actually get it for your company?
ClearCycle
Clearcycle is the best solution provider for Disbursement Management. Clearcycle is
leader in Finance and Disbursement Management System.
Since 1983, clearcycle has provided payment solutions to a wide cross-section of major
American companies in Healthcare, Insurance, Retail, Manufacturing and Logistics
businesses.
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