What is oracle billing and Revenue Management?

Posted on by Author

What is oracle billing and Revenue Management?

Oracle Communications Billing and Revenue Management (BRM) provides an end-to-end revenue management system for communications service providers. Use BRM to configure product offerings, create customer accounts, charge for service usage, collect and analyze revenue, and manage customer relationships.

Which three are included functionality with Oracle communications advanced billing and revenue management products?

The license for Oracle Communications Billing and Revenue Management for Billing includes the ability and rights to use all Oracle Communications Advanced Billing and Revenue Management functionality for billing, invoicing, and bill time discounts with Advanced Discounting.

Which four are key use cases for BRM Cloud native deployment?

BRM Cloud Native Deployment Architecture….WebLogic Server is a primary requirement for the following BRM cloud native services:

  • Billing Care.
  • Billing Care REST API.
  • Business Operations Center.
  • Web Services Manager.

What is ECE in BRM?

Elastic Charging Engine is the core charging-engine technology of the BRM system. For a convergent charging system, ECE can perform both online charging and offline charging when rating events from the network. In the BRM system, ECE performs usage charging.

READ:   Can you go vegan at 12?

What is service in BRM?

BRM is an end-to-end revenue management system for communications and media service providers. BRM revenue generation enables you to deliver services with optimal pricing to your customers. With BRM, service plans can be complex, yet you can change them quickly to respond to changing market conditions.

What is the difference between billing and revenue?

Billing is the cash flow that allows companies to keep their doors open and includes all account receivables (invoices sent to the customer). Revenue is how much is earned on a project and accounts for labor, materials, and subcontractor costs.

Which of these three technologies is used as part of the BRM Cloud native solution?

Cloud native BRM takes advantage of industry accepted cloud native technologies such as Docker as the container runtime, Kubernetes for container orchestration, Helm for packaging and deployment, and the EFK stack for centralized logging and visualization comprising ElasticSearch, fluentd and Kibana.

What is the role of helm in a BRM Cloud native deployment?

Helm is a package manager for Kubernetes. Helm charts are used to manage, install and upgrade your Kubernetes cluster. Oracle bundles Helm charts needed for deploying and configuring Oracle BRM 12 deployment in their Cloud Native Deployment version of BRM. Now your environment is ready to start deploying Oracle BRM 12.

READ:   What is an example of a sustaining innovation?

What is CM BRM?

When a CSR logs in to the Customer Center application, a connection is made to a Connection Manager (CM). All customer management activities that the CSR performs with Customer Center are processed by the Facilities Modules (FMs) that are linked to the CM. Figure 3-3 illustrates the process flow of a CSR login to BRM.

What is elastic charging?

The Elastic Charging Client is used for sending all types of requests: usage, query, update, and management. The Elastic Charging Client is integrated in RADIUS Gateway.

What does BRM stand for?

BRM

Acronym Definition
BRM Business Resource Management
BRM Business Reply Mail
BRM Backup Recovery and Media Services
BRM Backup Resource Monitor

What is OSM Oracle?

Oracle Communications Order and Service Management (OSM) is an order management system that coordinates the order fulfillment functions required to complete an order. OSM manages the actions required to fulfill the order across provisioning, shipping, inventory, billing, and other fulfillment systems.

READ:   What does Islam say about the Tower of Babel?

What is Oracle communications billing and revenue management (BRM)?

This chapter provides an introduction to Oracle Communications Billing and Revenue Management (BRM). BRM is a charging, billing, and revenue management system for communications service providers. BRM provides these primary functions: Charging determines how much to charge a customer for service usage and recurring fees.

How does BRM handle bill payments?

When the subscriber is billed, typically every month, BRM compiles all the balance impacts into a bill. From the bill, BRM prepares a payment request, which is handled either automatically by BRM (such as by credit card) or manually by a check-processing system.

How does BRM rate a call?

For example, when a subscriber uses a post-paid mobile phone service, BRM rates the call as follows: Data about the call is received in a CDR file by Oracle Communications Offline Mediation Controller. Offline Mediation Controller performs mediation and normalization to prepare the call data for rating.

How long did SiriusXM take to implement BRM?

SiriusXM implemented BRM in 85 days and scaled its business from 15,000 to 31 million customers. See how Latin America’s largest media company monetizes and scales strategic new services. Discover how Oracle’s Digital Experience for Communications guided Swisscom’s digital transformation program.