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SME book-to-bill ratios (2006–2012, SEMI and SEAJ) The book-to-bill ratio, also known as the BB ratio or BO/BI ratio, [1] is the ratio of orders received to the amount billed for a specific period, usually one month or one quarter.
Term convergent billing system refers to such a solution, that could maintain single customer account and produce a single bill for all services (for example, it could be public switched telephone network, cable TV and cable internet services for one customer) and also do it regardless a payment method (prepaid or postpaid).
Electronic billing or electronic bill payment and presentment, is when a seller such as company, organization, or group sends its bills or invoices over the internet, and customers pay the bills electronically. [1]
Generally individual calls are rated and then the rated amounts are sent to a billing system to provide a bill to the subscriber. Often the rating system will be a module of a larger "Billing System" architecture. A rating system must be adapted to the constantly changing pricing policies, which have the strategic goal of stimulating demand. [2]
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.
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.
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Typical PSA functions include project management and documentation, time recording, billing, reporting, [2] and resource utilization. [citation needed] These features are often integrated with accounting, Customer Relationship Management (CRM) systems, and payroll systems in order to improve efficiency of overall operations.