RevX Rating

Author complex business rules to monetize subscriber events based on volumetric, tiered, algorithmic or any other usage pattern with user definable units of measure.

The RevX Rating engine provides comprehensive business rules authoring and runtime environment to prepare pricing rules based on "any" unit of measure (downloads, logons, emails, megabytes, ...).

The business rule composer employs a wizard based user interface which allows for the easy creation of complex pricing rules that use ranges, volumes, or computations to determine fees associated with a given collection or singular piece of usage (a subscriber event).

The RevX Rating engine module processes recorded usage aggregated by the RevX Mediation engine (or 3rd party) and expands it into billable transactions. Events are rated, account balances updated, and financial information posted in real-time. The RevX Rating engine delivers the highest levels of performance and protection against system failure or revenue leakage ensuring accurate up-to-the-minute account information and financial data. Real-time credit limit monitoring also significantly reduces financial risks.

FEATURE SPOTLIGHT

  • Unit of Measure - Define any unit of measure without the need to involve programming or even technical resources. Upon creation, new Units of Measure can be immediately used within the composition of any business rule.

  • Volumetric Rules - Define business rules which address pricing structures that require a graduated pricing scheme, whereas a subscriber may be charged more or less as the volume of usage activity increases.

    Example: Charge $1.00 for the first 25 megabytes, $0.75 for the second 25 megabytes, and $.50 for every 1 megabyte thereafter.

  • Tiered Rules - Tiered pricing rules are especially useful when trying to model package pricing which is based on a fixed price table.

    Example: Charge $5.00 per megabyte when megabytes used is between 1 and 25, and Charge $7.50 per megabyte when megabytes used is between 26 and 75, and charge $10.00 per megabyte when megabytes used is greater than 75.

  • Percentage Rules - In the case where subscriber events (usage data) represent point-of-sale transactions, it is useful to calculate fees based on a percentage of the transaction (revenue share) for the business activity.

    Example: Charge 7% for every dollar between $1.00 and $25.00, and 4% for every dollar greater than $25.00.

  • Custom Rules - as part of the document delivered with the system, new billing rule types can be easily added to the system to extend it's capabilities.

  • Expiration Dates - Rules can be authored and staged for activation on a specific date and expired after a certain period of time to offer promotional pricing structures based on metered subscriber events.

  • Rounding - you control how the rating engine will group and/or round chunks of usage. This is especially important in the telco markets where calls are monitored by the minute but billed in 6 second increments.

  • Grouping - for some billing rules, it may be necessary to snapshot usage information and calculate based on maximum or minimum values within a billing cycle. In the case of bandwidth monitoring an average of bandwidth used for the period may be preferred while in some cases maybe the peak bandwidth is desirable.

  • ... and more ...


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