Category: (4) eTOM Process Type
Process Identifier: 1.6.12.1.1
Original Process Identifier:
Maturity Level: 3
Enrich, guide, distribute, mediate, summarize, accumulate, and analyze party billing events, business records, notifications.
Party Billing Event Management enriches, guides, distributes, mediates, summarizes, accumulates, and analyzes billing events, business records, notifications. This process enriches billing events, business records (like settlement & remittance notes) and notifications for a specific period or number of period in terms of the involved business party. These processes may occur in real-time, near real-time, or may be executed on a periodic basis. Party billing events include the acquisition of a product offering that is used to determine charges to another party. For example, an enterprise may charge a fee to another party for collecting payments based on sales of the party's offerings in an enterprise's marketplace. Events can also include the need for periodic billing of a recurring product rate. Guiding ensures that the event used in the billing processes are appropriately related to the correct party billing account and products. The billing events are edited and, if necessary, reformatted (mediated) to meet the needs of subsequent processes. The billing events may also be enriched with additional data during this process. Note that this process is typically performed to support inbound & outbound party bills/invoices This process enriches billing events, business records (like settlement & remittance notes) for a specific period or number of period in terms of the involved business party. Aggregation for Wholesale and Business parties have strong similarities than Retail Guide and Mediate, but is not similar or a specialization of either or a combination of the two. Aggregation entails a multiple number of invoices , corrections, settlement notes, memos, credit notes and adjustments received over a determined time, where the period are contractually determined (monthly cannot be assumed). In addition, for more complex business models involving multiple business partners, multiple records from various involved business parties might be received towards a singular transaction. Process elements earlier in the (wholesale settlement and Business Party Billing) like record collection; Rating, Record Conversion has strong similarities with the retail process, and will hence not be described separately. As reference refer to Retail definitions for Rating-1.1.1.13.1, Enrich-1.1.1.14.1, Guide- 1.1.1.14.2, and Mediate-1.1.1.14.3. In some organizations these elements may conceptually converge, and may be on the same logical instance, or not. Even it is the same logical instance, there might be the need to have different technical instances (i.e. for performance or Service Levels)
This was created from the Frameworx 16.0 Model