What is Kenan billing system?

What is Kenan billing system?

Kenan Systems Corporation is a developer of third party billing, order processing and customer analysis software. It was founded in 1982 and is based in Cambridge, Massachusetts with additional offices throughout North America, Europe and Asia-Pacific.

What is Kenan Telecom?

Kenan supplies billing, customer care and customer analysis software products and services to global multiservice communications companies. The system gives providers the flexibility to rapidly introduce product and service packages so that they may take advantages of emerging business opportunities, said Kenan.

What is billing system in telecommunication?

Telecommunications billing is the group of processes of communications service providers that are responsible to collect consumption data, calculate charging and billing information, produce bills to customers, process their payments and manage debt collection.

What is the purpose of billing system?

At its most basic definition, a billing system is the process by which a business bills and invoices customers. Billing systems often include payment software that automates the process of collecting payments, sending out recurring invoices, expense tracking, and invoice tracking.

What is Geneva billing system?

Geneva provides a complete billing system for all types of Telecoms service operators and also has potential application for the media and utilities industries. It rates events, creates periodic invoices for customer bills and can be flexibly configured.

What is retail billing?

Retail billing deals with the end customer and billing an individual customer, whereas wholesale billing deals with billing to the following entities depending on situation and nature of business − Billing resellers associated with a telecom operator.

What are billing types?

The following are six types of invoices in accounting that you might send to customers.

• Pro forma invoice. A pro forma invoice is not a demand for payment.
• Interim invoice. An interim invoice breaks down the value of a large project into multiple payments.
• Final invoice.
• Past due invoice.
• Recurring invoice.
• Credit memo.

What is the difference between professional and facility billing?

While professional codes primarily capture the complexity and intensity of physician care provided during a visit, facility codes detail the volume and intensity of hospital or health system resources used to deliver patient care, such as the use of medical equipment, medication, and nursing staff.

What are the different components of billing system architecture in telecom?

CRM (Customer Relationship Management)/OMOF (Order Management and Order Fulfilment) system contacts with the billing system and billing system contacts with provisioning system to provision the services and network inventory system as well to assign phone numbers or IP addresses, etc.

What is the difference between charging and billing?

Billing includes everything that is related to how much should be charged. Charging is the process of actually collecting the money from the subscriber.

What is electricity billing system?

Electricity Billing System is a software-based application developed in Java programming language. It mainly focuses on the calculation of Units consumed during the specified time and the money to be paid to electricity offices.

What is Kenan billing?

Kenan is a traditional Billing system that has a long track record as an IT Billing solution for Wireline and Wireless Telecommunication Communication Service Providers (T-CSPs). Kenan is now a part of Amdocs. The existing software “stack” can support Customer Care, Fulfillment, Charging and the traditional Billing function.

What is the role of the billing system in telecom industry?

Billing Systems are the backbone of any telecom operator. If operators do not have a strong billing system, then it would not be possible for them to offer their products and services with attractive promotions and deals and ultimately they can not stand in today’s competitive and dynamic market.

How does the basicbilling engine work?

Billing Engine produces raw data having all the information required to generate a final bill and this raw data can be used to generate a final invoice to be sent to the end customer. When a customer is added into the Billing System, system assigns the customer a predefined Bill Cycle.

What is the output from the billing process?

The output from billing process is a stream of tagged bill data that can be used to create a bill on paper, disk, or any other media. Billing Engine, which is part of the Billing System, creates invoices.