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In developed countries existing legacy banking systems and rules has slowed down the development of electronic billing. For example, in the United States financial institutions typically formally prohibit the use of their consumer electronic bill payment systems for payments to certain agencies such as: collection agencies, or recipients of ...
Billing (surname) Billing (birds), a behavior in some birds involving touching and clasping each other's bills; Billing (performing arts), the display of credits for a creative work; Billings ovulation method; Heinz Billing Prize, for the advancement of scientific computation; Billing, hymn tune by R R Terry.
A global market of the packaged telecommunications billing systems estimated to $6 Billion at 2007 and forecast to grow up to $7.2 Billion in 2012. [9] Market shares by application specific as of 2007 were following: 27,2% — mobile postpaid; 16,4% — business billing for fixed networks;
An expense and cost recovery system (ECRS) is a specialized subset of "extract, transform, load" (ETL) functioning as a powerful and flexible set of applications, including programs, scripts and databases designed to improve the cash flow of businesses and organizations by automating the movement of data between cost recovery systems, electronic billing from vendors, and accounting systems.
An invoice, bill, tab, or bill of costs is a commercial document that includes an itemized list of goods or services furnished by a seller to a buyer relating to a sale transaction, that usually specifies the price and terms of sale., quantities, and agreed-upon prices and terms of sale for products or services the seller had provided the buyer.
Electronic bill payment is a feature of online, mobile and telephone banking, similar in its effect to a giro, allowing a customer of a financial institution to transfer money from their transaction or credit card account to a creditor or vendor such as a public utility, department store or an individual to be credited against a specific account.
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CISA – Certified Information Systems Auditor; CISO – Chief Information Security Officer; CLO – Chief Legal Officer; CMA – Certified Management Accountant; CMFB – Committee on monetary, finance and balance of payments statistics; CMO – Chief Marketing Officer; COB – Close of Business; COC – Cost of Credit [2] or Cost of Capital [3]