Bonaire Software Solutions, an asset management technology firm, has won a contract with Boston Financial's Intermediary Payment Administration system.

The new arrangement gives Boston Financial the ability to automate and simplify the fee calculations and invoice validation of payments made to financial intermediaries by their clients within a full service solution.

Bonaire's REVPORT revenue and expense management software package automates the calculation of distribution fee billing and the invoice reconciliation process for mutual funds and their distributors or financial intermediaries.