Billing Module

Revolutionizing Billing

Step into the future of billing with our state-of-the-art Edge billing module. Uniquely designed to fulfill your demands for precise and timely consolidated bills, this innovative functionality employs a diverse array of billing media. Experience accuracy and efficiency like never before as we redefine the way you manage your billing needs. Welcome to a new era in billing solutions.

Challenges with Current Billing Practices

Many metered utility variable charges operate on an arrears basis, relying on either "actual" or "estimated" meter reads. While this method simplifies bill calculations, it comes with two significant drawbacks:

Delayed Billing Creates Cashflow Challenges
Bills are generated only "in arrears," leading to potential cashflow challenges for businesses, especially in competitive markets where settlement charges are incurred "in advance."
Consolidation Complexity
Creating truly consolidated customer bills becomes a formidable task due to the inherent difficulty in aligning meter readings for different premises within a consolidated account. This limitation hinders the efficiency of billing processes and overall customer experience.

Revolutionizing Billing with Edge

Our Edge billing module effectively eliminates the traditional link between metering and billing, offering a groundbreaking solution to overcome inherent limitations. By employing the Edge billing algorithm, which calculates an Average Daily Consumption (ADC) similar to Central Market Operators' practices for Settlement charges, we redefine the billing paradigm.

Here's how it works:

Average Daily Consumption (ADC) Calculation
The Edge billing algorithm computes the ADC for each of the services associated with each SPID, ensuring accuracy in daily charge calculations. These daily charges are then aggregated to present customers with a comprehensive charge for the billing period.
Dynamic ADC Adjustment
The ADC is intelligently adjusted at the next billing cycle, accommodating any new meter reads seamlessly.

One-Stop Solution

Benefits of the ADC Billing Methodology

Elevate your billing experience with our revolutionary module. Overcoming traditional constraints, Edge disconnects metering from billing through its advanced algorithm.

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Elimination of Estimated Reads

Say goodbye to the need for estimated reads, ensuring billing accuracy and transparency

Advanced Billing Capabilities

Enjoy the flexibility to bill in advance, providing a strategic advantage in competitive markets

Customizable Billing Periods

Empower your customers with fixed billing periods independent of meter readings, offering choices like 28 days, monthly, quarterly, or annually

True Consolidated Billing

Embrace true consolidated billing, freeing from traditional constraints. Our method ensures seamless integration and accuracy across diverse services

Revolutionizing Consolidated Billing with Edge

Traditionally, consolidated bills faced limitations due to billing systems requiring billing to actual or estimated reads, often necessitating synchronization of all meters on the same day. Monthly consolidated bills were typically a compilation of invoices billed within that specific month. However, with Edge, a paradigm shift occurs.

Discover the key features:

Flexible Billing Based on ADC
Edge enables billing for all SPIDs based on ADC on a designated day of the month or any other preferred period. This flexibility eliminates the need for simultaneous meter readings.
Comprehensive Consolidation
Unlike conventional practices, Edge consolidates all Account SPIDs seamlessly, transcending the limitations of monthly billing cycles.
Nationwide Integration
Edge extends its consolidation capabilities to both English and Scottish markets, allowing the creation of consolidated accounts at a UK level, encompassing SPIDs from both regions.

Empowering Billing Flexibility with Edge

Utilizing SQL Server Reporting Services (SSRS), Edge introduces a dynamic approach to bill creation, accommodating various output formats. This innovative strategy not only ensures flexibility but also enables tailored bill appearances to meet specific customer preferences.

Explore the key features:

Customizable Bill Appearance
Edge employs SQL Server Reporting Services to facilitate the creation of flexible bills, allowing for tailored appearances that precisely match customer requirements.
Output Format Options at Account Level
Edge provides the flexibility to change the output format for bills at an Account level. Choose from the following options:
- Printed Bills: Traditional format for postal delivery.
- Electronic (.pdf) Bills: Conveniently sent via email.
- Excel (.xlsx) Billing Spreadsheet: A flexible 3-tab spreadsheet.
- XML Formatted Bills: Ideal for EDI integration.

Discover Unmatched Flexibility with Edge Billing

The Edge Billing module offers an exceptionally adaptable approach to bill creation, providing users with three distinct methods

Manual Billing

Experience ad hoc billing as needed, allowing users the flexibility to create bills on-demand

Semi-Automated Billing

Streamline the process by loading a list of Accounts and Billing dates to Edge daily. Bills are then generated seamlessly in an overnight billing run

Fully-Automated Billing

Harness the power of predefined Account Billing settings to establish the preferred bill period and date. Watch as bills are effortlessly generated in an overnight billing run