Internet of Things (IoT)

Billing & Revenue Management Challenges

As IoT businesses can have a high volume of internet-enabled devices connected to a large network, there is a large volume of data being processed on a daily basis. Therefore it is important to have a scalable solution that can analyse this data efficiently and bill customers accordingly based on usage.

Furthermore, it is important to be able to track and manage unique identifiers for the products and services provided to customers and append this to their subscription plan and resulting invoices.

Moreover, tracking revenue from these unique contracts can be problematic if there is not one streamlined view that takes into account the different payment cycles and terms that have been established.

How OneBill Can Help

OneBill BRM

(Billing & Revenue Management))

Usage Rating Engine

OneBill has an easy UI driven usage charge definition for mapping your CDR files to usage charges. Bulk usage transaction records can be handled using our UI, API integration between the source system and billing platform or through a file-based approach that can be connected to the FTP location for processing CDR rating.

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OneBill SDP

(Service Delivery Platform)

Inventory Management

Manage inventory and their associated unique identifiers (e.g. SKU number) and assign them to specific customer subscription plans.

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OneBill BRM

(Billing & Revenue Management))

Accounts Receivable Reporting

Accurately track revenue through our user friendly reporting tool. Categorize revenue based on predetermined codes to enable ease of reporting in an accounting cloud-based or software platform.

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