Convergent Invoicing Insights

What is Convergent Invoicing?

Convergent Invoicing is a billing process that consolidates multiple services or products onto a single invoice. It's commonly used by companies that offer a range of services (e.g., telecommunications, utilities) to simplify billing for customers who subscribe to multiple offerings. This streamlines billing, improves customer satisfaction, and reduces operational costs by combining traditionally separate billing systems.

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What other technologies are related to Convergent Invoicing?

Convergent Invoicing Complementary Technologies

Subscription Order Management

Subscription order management systems provide the foundation for creating and managing subscriptions, which are essential for convergent invoicing. They manage the initial agreement, terms, and modifications to the subscription. Without a subscription, there is nothing to invoice.

mentioned alongside Convergent Invoicing in 78% (95) of relevant job posts

Convergent Charging

Convergent Charging is the process of combining usage from different services (e.g., voice, data, content) and rating them in a unified system to determine the total charge. It's a key component that provides the inputs to the convergent invoicing process.

mentioned alongside Convergent Invoicing in 24% (172) of relevant job posts

Convergent Mediation

Convergent Mediation collects usage data from various sources, normalizes it, and prepares it for charging and billing. It's a crucial step in enabling convergent invoicing, as it provides the raw data that's processed into billable items.

mentioned alongside Convergent Invoicing in 21% (78) of relevant job posts