Party Billing Events Management [Deleted]

Party Billing Event Management enriches, guides, distributes, mediates, summarizes, accumulates, and analyzes billing events. These processes may occur in real-time, near real-time, or may be executed on a periodic basis.<br/> <br/>Party billing events include the acquisition of a product offering that is used to determine charges to another party. For example, an enterprise may charge a fee to another party for collecting payments based on sales of the party's offerings in an enterprise's marketplace. Events can also include the need for periodic billing of a recurring product rate. For example, a listing fee charged to another party that lists its products in an enterprise's market place.<br/> <br/>Guiding ensures that the event  used in the billing processes are appropriately related to the correct party billing account and products. <br/> <br/>The billing events are edited and, if necessary, reformatted (mediated) to meet the needs of subsequent processes.  The billing events may also be enriched with additional data during this process.<br/><br/>Note that this process is typically performed to support outbound party bills/invoices and is not applicable to bills/invoices received from another party.<br/>