Rating

The Abillity® platform used by FIQAS for its Managed Services supports any rating process, based on the principle ‘if we can measure it, we can price it‘. The system is fully flexible: any type of calculation, however complex, can be made. The output of the rating process are invoice lines that will be used in the invoicing process.

FIQAS Rating

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Why FIQAS ?

  • Integrated, error free and maintainable system
  • Supports the most complex pricing and discount structures
  • Extensive mediation: complex processing and conversions up front

Usage data

To begin with usage data are read into the system, if necessary following a mediation process. The data are linked to a customer on the basis of adjustable rules, after which a reference to a pricing plan is available. A price is added to the usage data according to the corresponding tariff plan. Prior to the billing the usage data are grouped into invoice lines.

Subscriptions & products

Each type of product or service purchased by the customer is priced: one-off products and services as well as recurring products and services. The rating intervals are freely configurable.

Mediation: processing of data from different sources

In the mediation process more complex operations and conversions are performed. Raw usage data from different sources are processed and combined into usage records that can be used for rating. In the import process the data / transactions are first converted to the generic Abillity® structure, after which they are processed into invoice lines in the rating process. In this process ready-made invoice lines from external systems and sub-administrations may be imported. If necessary, the import procedures can be reversed, just like the rating and billing processes.

Discounts & Commissions

Each type of commission and discount structure can be configured. The calculation is carried out in various ways. Examples of calculation types are ‘regular’, ‘volume-based’ and ‘user-definable’, and combinations are possible as well. Calculations can be based on percentages or fixed amounts.