BillSoft and Highdeal Partner to Provide Integrated Real-Time Rating, Billing and Taxation

Thursday 27 May 2004 16:11 CET | News

BillSoft and Highdeal, have established a joint solution that enables service providers to offer fast and error-free rating, billing and taxation.

The platform decreases TCO and eliminates the burden of managing complex tax software. This integrated solution has already been deployed for Transaction Network Services, Inc. (TNS), a leading provider of data communications services for transaction-oriented applications. With over 200,000 different taxes in the U.S., service providers are faced with challenges that make provisioning for and calculating telecommunications taxes a very complex task. Highdeal and BillSoft have joined forces on a solution that allows customers to accurately collect and calculate taxes based on current rates. The integrated solution, which includes BillSofts EZTax and the Highdeal Transactive rating and billing solution, is designed to capture, label, group and provision customer data for rating and billing in real-time according to federal, state, county and local tax rules. The fully integrated solution enables service providers like TNS to dynamically manage and automate pricing, billing, and rating processes while ensuring accurate billing and tax calculations. The Highdeal Transactive GUI allows users to set-up the appropriate tax characteristics during the rating process. The system transfers the pricing information to the high-performance EZTax rating engine to calculate applicable taxes. The tax computation results are then available for Transactive and automatically displayed on invoices.

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Categories: Payments & Commerce | Payments General
Countries: World
This article is part of category

Payments & Commerce