Invoicing Engine Features
The invoicing engine is the heart of the billing process and includes the following components: calculation, usage rating, taxation, and invoice presentation. Aria offers unsurpassed flexibility in the types of charges it can rate and automates the processes of generating and presenting a consolidated invoice. Invoices can be customized and delivered in a variety of formats.
Calculation
- Support a wide range of discrete and blended billing scenarios including subscription, transaction and usage-based rating models.
- Calculate charges automatically via Aria's billing engine and post to the user's account in real time.
- Bill users for content or service-based offerings in addition to core services.
- Account for recurring periodic fees and usage-based fees as well as additional fees incurred during the previous billing cycle in each invoice.
Usage Rating
- Accept metered data feeds in nearly any measurable unit (time – seconds, minutes, hours; data – bit, megabyte, gigabyte; area – inches, feet, miles; etc.).
- Automatically match metered data with corresponding charge in client's product and service plan catalog for inclusion in an invoice via Aria's rating engine.
Taxation
- Apply country, state, and federal taxes based upon the billing address of the account.
Currency
- Support worldwide currency and symbols.
- Offer customers the option to settle in a currency other than that of the charge itself (this feature is offered by select Payment Processors).
Invoice Presentment
- Present invoices featuring your company branding and style with Aria's customizable templates.
- Generate and present invoices for payment based on the user anniversary date or a predefined service billing day.
- Bill recurring fees in advance of use and usage based fees in arrears.
- Present invoices according to customer preference in HTML, PDF, or Plain Text format.
- Generate invoices and/or statements (zero balance) for customers as appropriate.
- Format invoices in order to comply with market-specific regulation regarding layout and presentment of invoice.