BillSoft and Highdeal Partner to Provide Integrated Real-Time Rating, Billing and Taxation.Business Editors/High-Tech Writers PARIS--(BUSINESS WIRE)--May 27, 2004 Transaction Network Services (TNS TNS transcutaneous neural stimulation. ) Benefits from the Integrated Solution for Fast, Error-Free Rating, Billing and Taxation Compliance BillSoft, Inc., the leader for taxation solutions, and Highdeal, the leading provider of pricing, charging and rating solutions for online and mobile services, announced today a joint solution that enables service providers to offer fast and error-free rating, billing and taxation. The platform decreases TCO (1) (Total Cost of Ownership) The cost of using a computer. It includes the cost of the hardware, software and upgrades as well as the cost of the inhouse staff and/or consultants that provide training and technical support. See ROI. and eliminates the burden of managing complex tax software. This integrated solution has already been deployed for Transaction Network Services, Inc. (TNS), a leading provider of data communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. services for transaction-oriented applications. With over 200,000 different taxes in the U.S., service providers are faced with challenges that make provisioning for and calculating telecommunications taxes a very complex task. Highdeal and BillSoft have joined forces on a solution that allows customers to accurately collect and calculate taxes based on current rates. The integrated solution, which includes BillSoft's EZTax(R) and the Highdeal Transactive(R) rating and billing solution, is designed to capture, label, group and provision customer data for rating and billing in real-time according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. federal, state, county and local tax rules. "Today's service providers are finding it increasingly difficult to handle tax reconciliation and compliance," said Vicki Klein, president of BillSoft. "With highly flexible and automated processes, the powerful combination of Transactive and EZTax, results in systems that provide rating, billing and revenue collection with quicker rollout of new product offerings," said Klein. The fully integrated solution enables service providers like TNS to dynamically manage and automate pricing, billing, and rating processes while ensuring accurate billing and tax calculations. The Highdeal Transactive GUI (Graphical User Interface) A graphics-based user interface that incorporates movable windows, icons and a mouse. The ability to resize application windows and change style and size of fonts are the significant advantages of a GUI vs. a character-based interface. allows users to set-up the appropriate tax characteristics during the rating process. The system transfers the pricing information to the high-performance EZTax rating engine to calculate applicable taxes. The tax computation results are then available for Transactive and automatically displayed on invoices. "With EZTax and Transactive, we are able to minimize time-consuming manual tax verification processes, freeing up resources to concentrate on other value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. services for our clients," says Richard Martin, VP Management Information Systems, TNS. He adds, "Both solutions focus on rapid integration which will enable TNS to see a rapid return on its investment." Eric Pillevesse, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Highdeal explains, "Our solution is modular and easily integrated into any system. This flexibility is part of our founding vision and we strive to work with partners such as BillSoft in order to provide cost-effective, best-of-breed solutions." About Transaction Network Services, Inc. Transaction Network Services is one of the leading providers of business-critical, cost-effective data communications services for transaction-oriented applications. TNS provides rapid, reliable and secure transaction delivery platforms to enable transaction authorization and processing across several vertical markets and trading communities. Since its inception in 1990, TNS has designed and implemented multiple data networks, each designed specifically for the transport of transaction-oriented data. TNS' networks support a variety of widely accepted communications protocols and are designed to be scalable and accessible by multiple methods. TNS' network technologies have been deployed in the United States and internationally, and TNS' networks have become preferred networks servicing the trading community, wireless and wireline carriers, and the card processing and dial-up automated teller machine automated teller machine (ATM), device used by bank customers to process account transactions. Typically, a user inserts into the ATM a special plastic card that is encoded with information on a magnetic strip. markets. For further information about TNS' transaction solutions, please refer to www.tnsi.com. About BillSoft BillSoft specializes in enhancing billing systems and service bureau products by providing taxation, address scrubbing and jurisdiction assignment solutions. BillSoft's Total Tax Solution consists of EZTax, EZData, EZFile, BillSoft Online, EZGeo, EZTax Viewer, tax compliance filing and tax consulting services. BillSoft's flagship product, EZTax, is the most comprehensive telecommunications tax package available. Taxing in excess of 1.8 billion transactions per hour, EZTax is by far the highest performance system on the market. With the availability of taxation for products and services in 76 countries, EZTax provides the most comprehensive telecom tax system and the best overall value. EZTax is supported on a wide array of platforms including the IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) S/390, IBM AS/400, Hewlett Packard's HPUX HPUX Hewlett-Packard Unix (32 and 62 bit), Data General's DGUX DGUX Data General Unix , Intel Linux, Sun Solaris (32 and 64 bit), IBM RS/6000 AIX (Advanced Interactive eXecutive) IBM's Unix-based operating system which runs on its Intellistation workstations and pSeries, p5, iSeries and i5 server families. , Bull Escala AIX and Windows NT/2000/2003 environments. In addition, BillSoft is partnered with billing and OSS Oss (ôs), city (1994 pop. 62,141), North Brabant prov., S Netherlands; chartered 1399. It is a significant industrial center. Manufactures include meat products, chemicals, pharmaceuticals, electrical equipment, and metalware. providers, providing communications companies with a one-stop approach and seamless billing/taxation system. For more information, please visit the company's web site at www.billsoft.com. About Highdeal Highdeal is the leading provider of innovative pricing, high performance rating and settlement solutions for emerging online and mobile applications and services. Highdeal enables companies offering these services to create and implement successful pricing strategies in dynamic market environments. With over 70 implementations in more than 15 countries, companies around the world rely on Highdeal for their pricing and rating needs. Highdeal has offices in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Paris, London, Munich and Santiago. Please visit www.highdeal.com. |
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