Utilities billing-component-ds-072050
- 1. ORACLE DATA SHEET ORACLE UTILITIES BILLING COMPONENT In today’s commodity markets, energy products are continually changing and becoming more complex. With High-usage volumes, detailed meter data, multiple jurisdictions, and customized terms, KEY BENEFITS energy contracts are far beyond the capabilities of most billing • Automated, accurate bill calculation systems. Energy companies need an adaptive billing solution that • Flexible business rules engine supports any product or meets the needs of customers, sales, marketing, risk management, pricing structure and ultimately the bottom line. Oracle Utilities Billing Component • Dynamic configuration of general or account-specific provides a powerful, flexible billing platform to address any complex products and tariffs condition arising in today’s markets. • Standard and custom reports • Accounts management using intuitive, browser-based user Flexible Software, Accurate Bills interface • Robust work queue to identify, Let market, regulatory, and strategic initiatives determine what products you offer route, and resolve issues and your customers, rather than the limitations of your billing system. Built upon a exceptions scalable, flexible architecture, Oracle Utilities Billing Component can be quickly • Extensible functionality through integration with other configured to support the most complex pricing structures in both the regulated and enterprise applications deregulated energy markets. A robust workflow system leverages comprehensive checklists and exception handling procedures to efficiently calculate accurate bills. KEY BENEFITS While competitors struggle to keep up with changing market dynamics and debate • Maximize revenue and improve customer satisfaction bills with customers, you can maximize revenue generation and increase customer through accurate, timely bills satisfaction through the timely delivery, and accurate billing, of new services. • Attract and retain customers through quick delivery or new Broad-Based Pricing Support products. • Capture regulatory or market Oracle Utilities Billing Component allows you to easily adapt to the pricing changes without costly source structures and models required to win and retain customers. The application supports code modification almost any pricing structure, including multiple account and contract hierarchies, • Build products that support the way customers want to do currencies, commodities, collars, caps, and custom incentives and discounts. You business can price your products any way necessary, including Standard Market Design (SMD), Locational Marginal Pricing (LMP), wholesale transmission billing, Open Access Transmission Tariffs (OATT), full ancillary services, Real-Time Pricing (RTP), and many more. Low Total Cost of Ownership Ever-changing market conditions and regulations require frequent updates to billing applications. Oracle Utilities Billing Component separates the business rules from the application logic so changes can be made without costly, time-consuming modification of the source code. 1
- 2. ORACLE DATA SHEET Oracle Utilities Billing Component provides all billing data in a single environment and allows users to correct, adjust, or reissue a bill. Key Application Features Oracle Utilities Billing Component offers the following functionality: • Automated bill calculation. Calculate any bill using any pricing structure. Automate data import; bill calculation, and data export for any billing schedule. • Simplified product creation. With more than 50 preconfigured statements and 200 functions, create algorithms for loading, manipulating, and managing interval data. • Dynamic configuration. Customize standard products and tariffs to individual or groups of accounts based on account-specific attributes. • Powerful, flexible billing rules. Handle virtually any billing calculation and business process across commodities, geographies, segments, and jurisdictions. • Comprehensive billing modes. Support automated batch billing, manual bill review, bill correction/adjustment, cancel/rebill, and current/final bill. • Billing checklist and exception management. Work queue functionality allows billing exceptions to be analyzed and routed for review, resolution, and approval. • Account management. Find, view, graph, and edit customer, account and complex interval usage data through intuitive, browser-based user interface. 2
- 3. ORACLE DATA SHEET RELATED PRODUCTS • CIS integration. Integrate Oracle Utilities Billing Component with any computer information system (CIS), bill printing mechanism, secured Web site, Leverage embedded integration tools to deploy or analysis program. Oracle Utilities Billing • Integrated financials and collections. Automate financial and collection Component in conjunction with your existing enterprise business processes with Oracle Utilities Receivables Component. applications. Contact Us Alternatively, deploy the following Oracle Utilities For more information about how your organization can leverage the power of Oracle (formerly Lodestar) Utilities Billing Component, please visit oracle.com or call 1.800.ORACLE1 to applications to keep your speak to an Oracle representative. entire pricing, billing, and fulfillment process on one platform: • Oracle Utilities Meter Data Management • Oracle Utilities Quotations Management • Oracle Utilities Forecast Management • Oracle Utilities Rate Management • Oracle Utilities Portfolio Management • Oracle Utilities Load Analysis • Oracle Utilities Load Profiling and Settlement • Oracle Utilities Transaction Management Copyright 2007, Oracle. All Rights Reserved. This document is provided for information purposes only, and the contents hereof are subject to change without notice. This document is not warranted to be error-free, nor is it subject to any other warranties or conditions, whether expressed orally or implied in law, including implied warranties and conditions of merchantability or fitness for a particular purpose. We specifically disclaim any liability with respect to this document, and no contractual obligations are formed either directly or indirectly by this document. This document may not be reproduced or transmitted in any form or by any means, electronic or mechanical, for any purpose, without our prior written permission. Oracle is a registered trademark of Oracle Corporation and/or its affiliates. Other names may be trademarks of their respective owners. 3