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Frameworx Process: Party Partner Payments

Category: (3) eTOM Process Type

Process Identifier: 1.6.12.3

Original Process Identifier:

Maturity Level: 3

Description

Wholesale Payments Process between Corporates, Partners facilitates, tracks and oversees B2B payments from B2B , through various accepted bulk payment methods like Wire transfer, Lock Box reconciliation. The process detect and facilitates incorrect payments, overpayments, lost payments (where the other party can show proof of payment), correlation of invoices A/R through remittance, administer payment plans.

Extended Description

Wholesale Payments Process between Corporates, Partners facilitates, tracks and oversees B2B payments from B2B , through various accepted bulk payment methods like Wire transfer, Lock Box reconciliation. The process detect and facilitates incorrect payments, overpayments, lost payments (where the other party can show proof of payment), correlation of invoices A/R through remittance. Party Payment Method Management defines and manages the various types of payment methods and the methods by which an individual party may make an inbound and/or outbound payment. Party Payment Plan Administration develops and manages payment plans that specify how a party will pay over a specified period of time for a product that has been acquired. Party Payment Handling receives payments from parties, remits payments to parties, and applies payments to any form of request for payment, such as bills, settlements or other forms of revenue sharing, purchases, charges, or payment plans as needed. Party Debt Collection collects past due payments from parties with whom an enterprise does business. It monitors the amount due from parties, for example check whether the payments are made on time, and implements necessary activities and policies to recover amounts overdue.

Explanatory

Mandatory

Optional

Interactions

Candidate Explanatory

Candidate Mandatory

Candidate Optional

Candidate Interactions

(3) eTOM Process Type Party Partner Payments

Appears on these diagrams:

is a more detailed diagram for the

Issues

  • Business Process Framework 15.0 Modification
  • Business Process Framework 15.5 Modification
  • Business Process Framework 16.0 Addition

This was created from the Frameworx 16.0 Model


Created from the TM Forum Model Frameworx 16.0.0 on 6/13/2016 at 22:17