Billing Process Fundamentals
Billing Models for Fixed Price Recurring Services
On this page, you can find the billing models we support for fixed cost recurring services
Billing Models for Consumption-Based Products
On this page, you can find the analysis of each available usage-based (also known as consumption-based) billing model.
Discount Models
The interworks.cloud platform includes the following models for handling discounts and promotions for your products.Proration
The interworks.cloud platform allows you to prorate a partial month's fees in order to align your charges to a specific billing day. You can select which customers will be charged in prorated mode and which products can be excluded from proration. You can also define a billing day for a specific product.Taxation
The interworks.cloud platform Taxation module allows to:
- identify which of your products are taxable
- calculate taxes based on customer's geographical location and/or type of product
- support country specific taxes
- support European Union's VAT rules
- specify which customers are tax exempt
Multi-Currency Support
When expanding globally, it is critical to be able to bill your customers in local currencies and process online payments for your international customers. The interworks.cloud platform allows you to define your pricing to multiple currencies and manage all aspects of billing and payment processing.Integrating with Third-Party Billing Systems
For integrating with third-party systems like SAP or Siebel we offer the following alternatives:
- Use of our interworks.cloud API
- Use of our Integration Framework
- Use of out of the box connectors
- Data Exchange through CDR files