Case Study
Streamlining System Solutions
CASESTUDY STREAMLINING SYSTEM SOLUTIONS WWW.MILCORP.COM FINANCIAL SERVICES CHALLENGE The U.S. Nuclear Regulatory Commission (NRC) is responsible for regulating the civilian use of nuclear materials. The NRC is required by law to recover roughly 90% of its budgeted authority through licensing fees. As such, the License Fee Billing (LFB) and collections process is a critical part of the business that MIL supports under the Oce of the Chief Financial Ocer (OCFO). Momentum Financials has been congured to handle the intricacies of the LFB process, but the OCFO faced numerous challenges with being able to reconcile the invoices generated out of Momentum with what is supposed to be billed in a timely fashion. Researching billing discrepancies proved to be cumbersome task, which sometimes