How services are billed: Billing

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Presentation transcript:

How services are billed: Billing

Billing Process When the billing engine runs, it checks: Which accounts align with present bill cycle and will pick up those accounts if their status is worth billing After successful billing, Accounts bill date will change automatically based on the bill cycle Bills customer for Usage & Non-usage charges through bill cycle Based on current status of the subscriber account/contract, the Billing process calculates the subscription, access and usage fees, depending on the rate plan. Collects rated Call Detail Records (CDRs) from rating database Applies adjustments if any (credit or debits) Calculates and applies billing time discounts if any Applies Taxes www.prolearninghub.com www.prolearninghub.com

Bill Periods & Bill Cycles The customer can choose various billing periods to pay for the services used. Also, customers are put in different bill cycles in order to perform load balancing effectively. Cycles A/B/C Weekly Cycles D/E/F Monthly Cycles D/H Fortnightly www.prolearninghub.com www.prolearninghub.com

Billing Engine Run www.prolearninghub.com www.prolearninghub.com Taxation Billing Engine Run Monthly Recurring Charges Broken Period Charge Cyclic Recurring Charges One time Charges Non-cyclic Bill component Bill Run Date Discounts Cyclic Bill component Unbilled Charges Usage Debit Adjustments Credit Adjustments Commissions Rebates Format #2 Format #1 Bill Generation Bill Assembly Bill Printing E-Mails Reminders Flyers Invoice Bill Run Service Activation Current Cycle Bill Run Dates Calendar Dates Billing Calendar Data Process www.prolearninghub.com www.prolearninghub.com

Types of Bills Here is a list of the important types of bills. Initiation Bill A bill that may be requested when an account is opened to cover initiation charges Periodic Bill A bill that is automatically generated at regular intervals for each account Interim Bill A bill that allows charges for events and credits adjustments processed for the account since the last bill generated. Periodic charges are not shown. Final Bill A bill that is generated when an account has been terminated, to bill all outstanding charges that are due. www.prolearninghub.com www.prolearninghub.com

Split Billing Concept Taxation Billing Accounts – payment responsible customer is a concept in LHS Single customer, more than one bill In some systems there can be more than one invoice for a single customer using a concept called Split Billing in Geneva Multiple Invoices to single customer on the basis of services, Charge Types Taxation Billing systems support different taxation models which are followed across the world Fixed and percentage taxation Multiple taxation Pro-rating of tax Zero tax/ tax exempt account Surcharge on tax Customer Billing account 1 Billing account 2 Contract Bill 1 Bill 2 www.prolearninghub.com www.prolearninghub.com

Billing System: Additional Functionalities Here are some of the important additional functionalities of the billing systems. Hot billing Dispute and Adjustments Itemized bill support Summary statement Cost Center report Copy bill, Reissue facility Test billing/Simulation billing feature Bill Suppression Summary statement Bill Canceller & Re-bill facility Production Bill concept Exceptional Bill Zero activity bill www.prolearninghub.com www.prolearninghub.com

Bill Formatting Engine Invoice Formatting Process Most of the billing systems do not have invest formatting component because the domain is different All such system export bill files to external bill printing engines Billing Engine Bill Files Bill Formatting Engine The invoice is developed into various formats and sent to the customers. www.prolearninghub.com www.prolearninghub.com

Invoice Format: Dimensions Sections Pottage Section Special Messages Remittance Portion Summary of Charges Service Activity Details Usage Details Usage Summary Branding (Static Text) Marketing messages Marketing inserts Customer specific communications Media Paper EDI Fax Mad Attachment Tape Internet CD-ROM Challenges What is the load? Multiple formats, Multi-lingual, Multi-currency Special sorts for special layouts Flags for marketing inserts and messages Multiple bills for single customer Normal Bill, Statement, Reports etc. Welcome letter, Dunning letter, Reminders Red letter www.prolearninghub.com www.prolearninghub.com

e-Billing Electronic Billing Is the electronic delivery and presentation of financial statements, bills, invoices, and related information sent by a company to its customers Electronic billing is referred to by a variety of terms, including the following: EBPP Electronic Bill Presentment & Payment Typically focused on business-to-consumer billing and payment EIPP Electronic Invoice Presentment & Payment Typically focused on business-to-business billing and payment www.prolearninghub.com www.prolearninghub.com

e-Billing Functions The customer can avail of a variety of services pertaining to e-Billing. Here is a list of the services available to the regular customer as well as some services available specifically to the corporate customers. Services Available Viewing of bills on the web Analysis, sorting, grouping etc. of bills online Check unbilled usage online Pay bills online Download bills in Excel, Word, PDF, PS, PCL, CSV, TSV etc. Analyze spending on venous criteria such as charge type, destination Receive bill alerts and notifications www.prolearninghub.com www.prolearninghub.com

Services specific to Corporate Customers e-Billing Functions Services specific to Corporate Customers Analyze monthly/quarterly/yearly expanses for employees Analyze most frequently called locations/numbers Audit employee usage Dynamically set limits for employees based on usage www.prolearninghub.com www.prolearninghub.com

Benefits of e-Billing Operator Perspective Operational cost savings Eliminate the costs of sending bill on paper i.e. outbound cost of caper, printing, collation and postage Reduces billing costs per bill Reductions in customer support costs Enables “customer self-care” leading to fewer inquiries, dispute and complains Revenue growth Faster payment realization Targeted offerings to different market segments Monitor customer adoption Product / service profitability www.prolearninghub.com www.prolearninghub.com

Benefits of e-Billing End User Perspective Ease of use Bill & Payment at finger step away (anytime, anywhere, any form, any mode) Web-based user interface is initiative and simple to use Efficient and intuitive on-line tourneys (e g. ability to pay without having to log on) Improved customer service Secure access of billing and payment information Improved information upfront (e.g. ability to change email address [big call driver]) Simple reports In familiar formats rather than large volumes of data Multi user access for business customers www.prolearninghub.com www.prolearninghub.com