Oracle Revenue Management and Billing

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Overview

Oracle Revenue Management and Billing enables financial institutions to determine the optimal pricing decision associated with each buying scenario and adjust the end price accordingly. To help financial institutions not only set prices in line with the expected scenario but also align prices if the opposite scenario occurs, Oracle Revenue Management and Billing empowers financial institutions to tactically and dynamically adjust the price level.

Key Features

Key Features 

Perform ‘what-if’ analysis to see how changes will affect outcomes 

Calculate revenue and create invoices based on customer agreements 

Integrate custom billing and pricing packages 

Manage the entire lifecycle of a product from inception to service and then to retirement 

Consolidate all charges related to a customer’s activities 

Two-dimensional pricing( 2 pricing axes) to unearth the full revenue potential 

Manage service based billing

Key Benefits

Key Business Benefits 

Drive dynamic pricing and fee structures 

Reduce processing errors 

Demonstrate a higher degree of transparency 

Boost billing accuracy

Related Products: Oracle FLEXCUBE Universal Banking & Oracle Banking Digital Experience

Product/Service details

SOLUTION OR SERVICE TYPE