Looking for breakthrough ideas for innovation challenges? Try Patsnap Eureka!

Systems and methods for improved billing and ordering

a billing and ordering system and billing system technology, applied in the field of realtime charge computation and price synchronization in billing and ordering systems, can solve the problems of requiring substantial implementation effort and processing time, billing systems currently require substantial computation resources, and pricing synchronization is a challenge, so as to reduce the amount of information and reduce the reliance on rating and billing information synchronization

Inactive Publication Date: 2012-10-04
NETCRACKER TECH CORP
View PDF10 Cites 16 Cited by
  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Benefits of technology

[0003]A price-generation system exemplary of the present invention reduces reliance on synchronization of rating and billing information by dividing rules associated with different charging types into different processing components. An order entry component may process certain rating information independently, without relying on an associated billing component. This improved system reduces the amount of information that is synchronized between processing components to generate users' billing information.
[0004]Another advantage is associated with pre-calculating information to reduce the computational costs of generating billing information in real time. For example, certain information may be generated using estimated or historical user data, which eliminates the need for manual calculations before real usage data is available for rate generation. Rate cube data structures also may be generated automatically for certain rates, which reduces reliance on manual calculations to generate billing information.

Problems solved by technology

Doing so, however, requires substantial implementation effort and processing time because components for placing orders and processing user activity must continually synchronize their pricing information to ensure that charges are being applied properly.
Since the systems may be provided by different vendors, pricing data models also may vary significantly between the systems, making pricing synchronization a challenge, especially when using complicated or extensive pricing rules.
Additionally, billing systems currently require substantial computation resources due to the magnitude of calculations required to process users' subscription and usage information as the data is generated.

Method used

the structure of the environmentally friendly knitted fabric provided by the present invention; figure 2 Flow chart of the yarn wrapping machine for environmentally friendly knitted fabrics and storage devices; image 3 Is the parameter map of the yarn covering machine
View more

Image

Smart Image Click on the blue labels to locate them in the text.
Viewing Examples
Smart Image
  • Systems and methods for improved billing and ordering
  • Systems and methods for improved billing and ordering
  • Systems and methods for improved billing and ordering

Examples

Experimental program
Comparison scheme
Effect test

Embodiment Construction

[0027]In the following description, numerous specific detail are set forth to provide a thorough understanding of the present invention. However, it will be obvious to those skilled in the art that the present invention may be practiced without such specific details. In other instances, well-known circuits have been shown in block diagram form in order not to obscure the present invention in unnecessary detail. For the most part, details concerning timing considerations and the like have been omitted inasmuch as such details are not necessary to obtain a complete understanding of the present invention and are within the skills of persons of ordinary skill in the relevant art.

[0028]Referring now to the drawings, depicted elements are not necessarily shown to scale, and like or similar elements are designated by the same reference numeral through the several drawings.

[0029]FIG. 1 illustrates exemplary functional components of a price-generation system 100. Price-generation system 100 ...

the structure of the environmentally friendly knitted fabric provided by the present invention; figure 2 Flow chart of the yarn wrapping machine for environmentally friendly knitted fabrics and storage devices; image 3 Is the parameter map of the yarn covering machine
Login to View More

PUM

No PUM Login to View More

Abstract

A price-generation system exemplary of the present invention reduces reliance on synchronization of rating and billing information, simplifies and speeds up commercial implementation of such systems, and reduces computational costs associated with real-time cost calculations by pre-computing rating data that can be automatically applied to subscriber usage. In one embodiment, a price-generation system comprises an analysis component configured to automatically generate at least one rate cube, wherein the at least one rate cube is configured to store rate plan information, an order entry component configured to pre-compute recurring charge information associated with at least one service based on at least a first set of rules, and a billing component configured to calculate total charges based on at least the pre-computed recurring charge information and usage charge information, wherein the usage charge information is calculated using the at least one rate cube.

Description

TECHNICAL FIELD[0001]The present invention generally relates to real-time charge computation and price synchronization in billing and ordering systems.BACKGROUND OF THE INVENTION[0002]Rating and billing processes generally require synchronization between systems to allow information to be processed uniformly throughout the order and billing process. Many modern Operation Support Systems (OSS) / Business Support Systems (BSS) implementations have Order Entry and Billing platforms that are supplied by different vendors. The most common approach involves real-time requests for information between the systems every time pricing information is needed, with one system containing the master copy of pricing or rating data. Doing so, however, requires substantial implementation effort and processing time because components for placing orders and processing user activity must continually synchronize their pricing information to ensure that charges are being applied properly. Since the systems m...

Claims

the structure of the environmentally friendly knitted fabric provided by the present invention; figure 2 Flow chart of the yarn wrapping machine for environmentally friendly knitted fabrics and storage devices; image 3 Is the parameter map of the yarn covering machine
Login to View More

Application Information

Patent Timeline
no application Login to View More
Patent Type & Authority Applications(United States)
IPC IPC(8): G06Q30/00G06Q10/00
CPCG06Q10/00G06Q30/04G06Q30/00G06Q30/0206
Inventor RYZHIKOV, DENISVERBITSKIY, ANDREY
Owner NETCRACKER TECH CORP
Who we serve
  • R&D Engineer
  • R&D Manager
  • IP Professional
Why Patsnap Eureka
  • Industry Leading Data Capabilities
  • Powerful AI technology
  • Patent DNA Extraction
Social media
Patsnap Eureka Blog
Learn More
PatSnap group products