Boost Revenue Assurance and Predictability
Curtail revenue leakage and enable traditional payment processors, card schemes, merchant acquirers, and business-to-business services to automate, control and execute pricing and billing operations efficiently across customer segments, geographies and lines of business on a single platform.
Solution Overview
Oracle Revenue Management and Billing is an enterprise-level pricing and billing platform that is well-suited for various participants in the payments ecosystem including payment processors, card schemes, money transfer services and merchant acquirers. It offers end-to-end functionality throughout the value chain from merchant acquisition to merchant settlement with the flexibility to deploy on premise or software-as-a-service.
- Use different pricing models: Interchange-plus, bundled pricing, and tiered pricing
- Adjust price levels to take into account the margins, attrition data, and merchant industry type
- Provides real-time visibility with chargeback monitoring
- Manage entity AR/AP and sub-ledger through a single system
- Streamline and automate processes with built-in approval workflows
- Adaptable for setting-up service fees, incentives, rebates, commissions and subscriptions
See It In Action
Product Features
Open all Close allPrice Plan Enforcement
- Allows businesses to customize, plan and enforce different fee structures
- Set-up fees such as one-time fee, recurring fee, transaction fee, merchant service fee, etc.
- Capability for incentives/commission and residuals
- Provides tailored pricing recommendations for each entity
Billing and Invoicing
- Customize and automate merchant invoicing and billing
- Generate bills in real-time, batch-mode, ad-hoc or user-defined basis
- Supports flexibility for bill charges breakdown, billing cycles and billing hierarchy
- Ensures entity is billed the same as the quoted price
Card Scheme Management
- Supports any card-type (credit, debit, prepaid) under various card schemes
- Devise various pricing methods such as basic interchange, interchange-plus, tiered, flat, subscription
- Reward entities based on performance, relationship, calculate loyalty points and offer discounts
- Pre-configured with existing scheme rules
Dispute Management
- Perform rule-based filtering of chargeback cases based on the type of customers, industry, risk levels and monetary values
- Apply flat-rate, percentage-based or tiered pricing structure for a chargeback fee
- Define billing arrangements such as direct debit or added to the next billing cycle
- Gain insights about the chargeback status via reports and dashboards
Settlement and Reconciliation
- Initiate settlement on the defined date, in the specified currency, to the designated bank account
- Define settlement instructions - gross or net settlement
- Supported with workflow for the settlement process
- Allow accounting and reconciliation post-settlement
Self-Service Dashboard
- Access dashboards that give a quick view of entity transactions
- Help to discover growth potential and identify opportunity areas
- Supports systematic and operational decisions
- Support simulation and generating profitability report
Built-in Approval Workflows
- Configurable workflow for pricing proposal review and approvals
- Supports several levels of approval and exceptions can be triggered based upon defined criteria
- Sub-stages that do not require approvals can run in parallel
- Prevents relationship managers from creating inaccurate pricing proposals
Agility and Business Control
- Multifaceted business rules that are user-definable and can have pre-post processing actions
- Define who and what to charge
- Unlimited number of rules to map transactions under a variety of situations such as one-to-one, and many-to-many