A Business Solution for a Business Problem

With the current global economic downturn, it has become even more critical for providers of subscription based services to bill for services supplied and collect receivables in a timely and accurate manner. Once consumed, services cannot be reclaimed. Any delays in billing and collections significantly increase the risk of doing business.

CentreBill is a robust and highly flexible real-time billing and customer management system. It has been used in industry for over five years and has proven itself in dramatically reducing administrative costs for the provider. Accurate and timely billing is assured and rework is eliminated. Days receivables are keep to an absolute minimum thereby optimizing cash flow and minimizing the risk of bad debt.
 

Whilst many modules exist today for the ISP and Telco industries, CenterBill's core design is suitable for any high volume subscription based billing business, where regular invoices need to be generated and revenue collected.

Each service defined within CentreBill can be individually tailored, even down to the customer level. This means that CentreBill is just at home billing data and voice services as it is in billing license fees, equipment costs and charges for consulting and project work. Where a service type has not yet been fully defined, it is a simple matter of developing a new module to accommodate the particular business rules for the new service type.

Having been developed over the past ten years for the industry, the technology used is both leading edge and robust. The feature set built into CentreBill exceeds that found in many billing systems.

CentreBill may be used as the single debtors/receivable control system for a company. With its fully integrated general ledger interface to accounting systems, the financial health of the service provider is always known and is always accurate.

For example, CentreBill provides full amortization capabilities thereby assuring that income is accrued only in the month in which it is earned. CentreBill's GL interface module ensures the provider's balance sheet always reflects the true condition of the financial status of the company. No more risks from auditors discovering that revenue for services in advance has been booked as income in the first month of them being invoiced!

As a single always-up-to-date view into the financial health of the service provider's business, CentreBill becomes an indispensible component of running a successful and profitable service organization.

CentreBill is suitable for any size service provider who recognizes the value in having tight control over the financial health of their business.

As part of the design philosophy, CentreBill encourages the service provider's customers to become self-managed as far as possible. That is why a powerful, intuitive and simple to use Web based user interface has been developed for self-service by the customer. Once again, the benefit to the service provider is dramatically reduced customer support staff requirements.

CentreBill has been designed as both a stand-alone single PC solution or as a hosted networked solution servicing one or more companies concurrently. Based predominantly on open source technologies, CentreBill is scalable and supports a fully distributed architecture.

CentreBill is thus suitable for a service provider looking for an in-house solution, or for a supplier of technologies looking to offer billing-as-a-service to their own customers.

CentreBill's greatest competitor comes from those organizations looking to develop their own in-house billing system. This is typically driven from an immediate technical or short term invoice-generation need. However, it has been seen time and again, that more often that not, the business processes and financial management skills of the developers are not strong, resulting in a technical solution which falls far short of a solving a business problem. This results in wasted time, money and lost opportunity in focusing the business on acquiring and servicing more customers.


Note: due to changing circumstances, the Intellectual Property of CentreBill is now for sale. This is an excellent opportunity for an organization to acquire a fully functional billing system complete with all source code, documentation and other development material.

Send an enquiry via email to enquiries@centrebill.com