Key features of the Billing and Revenue Management solution include flexible pricing management for the rapid creation of products, bundles, tariffs and discounts; customer management to support a variety of subscriber models, including hierarchical accounts, business and consumer accounts, as well as hybrid models, enabling convergence of prepaid and postpaid services in a single subscriber account; partner relationship management to manage and monetize new content partners, and roaming and interconnect partners, resulting in profitable revenue share; online charging for high performance realtime rating, charging and balance management; mediation, billing and invoicing, including web-based self service, for traditional post-paid models; financial accounting including accounts receivables, collections and G/L.; revenue assurance to help maximize revenue and minimize losses tied to fraud and revenue leakage; and pre-built process integrations to Siebel, Oracle Financials, Oracle Communications

Order and Service Management and other third-party applications, reducing costs associated with application integration. “Service providers want to be innovative and offer new services, but bundling products and offering discounts gets more complex as you add new value-added services,” Pawlus says. “Some of their underlying systems are so difficult to use that it takes several months to roll out new offers. With Oracle’s Billing and Revenue Management solution, because of the ease-of-use of our product GUIs, providers can roll out new offers in days or sometimes even hours, resulting in increased control of product lifecycle management and a measurable competitive advantage.

subscriber. As operators achieve a greater level of understanding of what matters most to their customers, they can maximize that information to create a road map for future growth, and channel their energies into the kinds of new services and value-added bundles their consumers cannot resist. But even with that additional insight, operators seeking to improve the customer experience still face enormous challenges, chief among them accelerating time to market for new services. Oracle contends that the answer lies in opening communications networks to third-party developers and application providers: Through service exposure, operators can team with external vendors to more efficiently and effectively deliver new value-added services to their subscribers.

The reality is simple: the world is evolving and service providers must transform their business to stay competitive and thrive, especially in today’s difficult economic times.

For more information on how Oracle can help your business today, visit oracle.com/communications.

TO SUCCEED IN TODAY’S ENVIRONMENT, service providers must innovate at the speed of the

FOOTNOTES  http://biz.yahoo.com/iw/081006/0440525.html  http://sev.prnewswire.com/computer- electronics/20080910/ LAW51510092008-1.html