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BillSoft and MetraTech partner to provide integrated real-time billing and taxation.


BillSoft, Inc., the premier telecom taxation software company, and MetraTech, a leading Web services-based pricing, billing and revenue sharing revenue sharing

Funding arrangement in which one government unit grants a portion of its tax income to another government unit. For example, provinces or states may share revenue with local governments, or national governments may share revenue with provinces or states.
 software provider, have announced an alliance to provide a real-time solution that enables service providers to offer timely and accurate billing and taxation for new and existing services. The integrated solution has been deployed in production and is available immediately.

Provisioning for and calculating telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications.  taxes is an incredibly complex task. Depending on geography, service providers are required to bill and remit To transmit or send. To relinquish or surrender, such as in the case of a fine, punishment, or sentence.

An individual, for example, might remit money to pay bills.


TO REMIT. To annul a fine or forfeiture.
     2.
 up to 200,000 different taxes across the country. With the integrated solution from MetraTech and BillSoft, customers can quickly alter billing rules as taxation laws fluctuate in different markets to ensure all taxes collected are current and accurately calculated. The joint solution combines BillSoft's EZTax functionality with MetraTech's MetraNet Web services-based billing solution to capture, label, group and provision customer data for 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.

"Tax reconciliation and compliance is exceedingly ex·ceed·ing·ly  
adv.
To an advanced or unusual degree; extremely.


exceedingly
Adverb

very; extremely

Adv. 1.
 difficult for today's operators to handle," said Vicki Klein, president of BillSoft. "The powerful combination of MetraNet and EZTax provides customers with a highly flexible and automated au·to·mate  
v. au·to·mat·ed, au·to·mat·ing, au·to·mates

v.tr.
1. To convert to automatic operation: automate a factory.

2.
 process, resulting in systems that offer improved accuracy and proper billing and revenue collection. This also offers better control over the systems for a quick and easy roll out of new product offerings," said Klein.

The fully integrated solution enables joint customers like Who's Calling, the worldwide industry leader in Customer Capture solutions, to grow rapidly while ensuring their billing and tax calculations stay accurate (See release, "Who's Calling Implements MetraNet to Enhance Billing Accuracy and Speed Introduction of New Service Offerings").
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Article Details
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Publication:EDP Weekly's IT Monitor
Article Type:Brief Article
Geographic Code:1USA
Date:Jun 30, 2003
Words:271
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