Iquity introduces new e-billing system.
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US-based Iquity Systems has launched Sarek, its new real time e-billing system for Internet service providers Internet service provider (ISP)
Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. (ISPs).
The system offers a direct billing direct billing Managed care The submission of bills for services rendered–eg lab work directly to the party–ie Pt or financially responsible third party–insurance company, for whom the service was performed, rather than to the physician who ordered the test facility to ISPs, enabling them to bill their customers for calls to the service and then pass on the interconnect slice to the telecomms provider - giving the ISPs a greater proportion of each call.
Sarek's billing and payment transactions are all web-based. The system also enables ISPs to offer postpaid or prepaid services and to vary call costs for example to encourage users to call at off peak times.
Other features include easy implementation and a modular design In the context of systems engineering, modular design — or "modularity in design" — is an approach aiming to subdivide a system into smaller parts (modules) that can be independently created and then used in different systems to drive multiple functionalities. , with an ability to share most modules with other Iquity products. Availability and pricing were not revealed.
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