Category: (2) eTOM Process Type
Process Identifier:
Original Process Identifier: 1.0.7.9
Maturity Level: 3
Party Settlements & Payments Management processes manage all settlements and payments for the enterprise, including invoice validation and verification and payment authorization.
For a value fabric, and particularly for service providers, settlements and payments management is complex. In many cases, the cost can be the largest single cost and incorrect settlement or payments can mean the difference between profit and loss. Work is in progress to address Revenue Management extensions for eTOM for Corporate, Wholesale , Partner , Dealer Billing .It suggests a breakdown structure for Wholesale & Corporate Billing in contrast to retail Billing. The contents covers aspects like 3rd Party Billling, Billing on Behalf, Reconciliation, Interconnection, Roaming, Carrier Memo's, Embargo, Disputes, Clearing House, Remittance, Dealer Commissions and describes the difference between an Invoice and a Bill from a Financial Accounting Perspective.
Reserved for future use.
Reserved for future use.
Reserved for future use.
Reserved for future use.
Reserved for future use.
Reserved for future use.
Reserved for future use.
This was created from the Frameworx 16.0 Model