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Oracle Revenue Management and Billing for Banking delivers a best-in-class solution that is functionally rich, easily upgradeable, and highly efficient for companies of all sizes in financial services, from both a B2B and B2C perspective. The product supports healthcare, property and casualty, and life in the insurance industry, as well as banking, capital markets, wealth management, and leasing. In financial services, the spotlight is on the customer. Providing the best customer service is essential to developing and maintaining long-term customer relationships, and it is satisfying to the salespeople that manage those relationships. Oracle Revenue Management for Financial Services not only meets modern billing challenges but also supports universal customer service models and accurate consolidated billing.
Built-In Process Management Tools
Oracle Revenue Management and Billing for Banking includes tools that provide the reliability necessary for enabling precision billing-and for promoting positive and consistent interactions with your distribution channels and customers. With these tools you can:
- Improve enterprise revenue management discipline and cash flow
- Support multiple lines of business, products, and services
- Support multiple distribution channels
- Manage high-volume billing cycles
- Implement rules-based collections
- Manage complex ratings
- Perform speedy bill reconciliation and reduce manual processing
- Offer multilingual and multicurrency support
- Improve the overall customer experience
As your company's opportunities expand, Oracle Revenue Management and Billing for
Banking also delivers scalability to:
- Handle customer bases, from a few thousand to millions in size
- Integrate new products and services such as umbrella products, investment/risk bundles, and enhanced employee benefit offerings
- Easily add customers one at a time—or in the large groups that are typical of acquisitions
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