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Billing

by IOT-Billing.com

Billing of IOT transactions

Selcomm IoT Billing, Rating and Tariffing  

In the massively expanding world of IoT, tiny sensors are precisely monitoring devices and actuators are used to control key features of the device. The device information collected can span location information (such as existing position, movement), operational information (such as temperature, vibration, humidity), and usage information (such as machine activity).  Selcomm IoT Billing module accepts the data collected and processes it in a way that allows you to flexibly manage your new revenue streams.

 

 

A fast, reliable rating and tariffing system that can process large volumes of small transactions is critical to accurate and timely billing, arguably one of the most important functions of your business,  for revenue, cash flow and customer satisfaction.

Your ability to create new packages quickly is crucial to stay ahead in a highly dynamic industry. With Selcomm™ IoT Billing's advanced event processing and invoicing modules you can stay ahead of the competition and invent exciting new ways to generate revenue.

Selcomm™ IoT Billing provides a complete solution. 

Billing
Technical Specification

Technical Specification

Highly Configurable

  • Selcomm™ IoT billing gives you the power to manage and configure pricing structures yourself, without waiting for your supplier's IT dept
  • Selcomm™ IoT billing is built around a flexible product offering that combines usage transactions with charges such as monthly subscription fees per account, per service or per device and bundling with multiple discounts into a single package for ease of use.
  • Selcomm™ IoT billing caters for processing of a myriad of different transaction feeds using our standard import modules for different industries
  • Selcomm™ IoT billing discounting module allows quick and easy configuration of new discounts. Combine eligibilities such as device type, service event type, duration, time of day, quantity to offer limited or unlimited discounted usage. Bill Printing lets you target your customers with customised formats, messages and inserts sent by paper or electronic media.
  • Selcomm™ IoT billing standard reports let you monitor revenue by package and product, reconcile data processing and understand exceptions.
  • Selcomm™ IoT billing open architecture allows customised reporting.
  • Selcomm™ IoT billing power, scalability and fault tolerance stem from the use of advanced database technologies and modular design

Key features

  • Wide range of monetisation options, with flexible rating, tariffing and discount types supported with rapid, table driven configuration
  • Multiple invoice “brands” within one system
  • Automated processing means transaction records are loaded and tariffed in near real time
  • Customised Bill Printing with targeted messages, formats and media
  • Scalable, high performance parallel architecture grows to meet the needs of your business
  • Multiple Feeds Supported
  • Fully functional Accounts Receivable system incorporated
  • Fully configurable and scalable - suitable for startup companies through to carriers processing the largest of volumes
  • Multi currency
  • Fully integrated with all of the other Selcomm™ IoT modules.
  • Available on a licence basis or part of Select's complete outsourced SaaS

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