iXBill, one part of Telarix's revenue assurance solution, is a robust and highly flexible interconnect billing system that allows carriers to eliminate revenue leakage by ensuring that every call is captured, rated and invoiced correctly. 

iXBill offers a robust and highly flexible interconnect billing system that allows carriers to eliminate revenue leakage by supporting interconnect agreements with other carriers, regardless of the level of complexity and the type of network.  Unlike many of the billing-only focused interconnect solutions available in the market today, iXBill provides embedded revenue assurance capabilities, leveraging its integration with other key carrier business functions including agreement management; route optimization; pricing; and audit and reconciliation.  This level of sophistication ensures that all billable activities are accurately captured, rated and billed while allowing service providers to support a variety of agreement types and rating scenarios including the multi-party settlements and sophisticated revenue sharing partnerships common in today's dynamic voice, data, and IP interconnect market..

The system also eliminates the labor intensive and error prone processes associated with calculating and generating interconnect settlements.  iXBill's automated cycle and statement workflow management processes provides effective revenue assurance controls including residual usage management, enabling old Event Detail Records (EDRs)  to be automatically added to an open statement or added as an adjustment to the relevant closed statement.

iXBill also provides comprehensive billing cycle management including automatic accrual generation to determine projected income or costs for the entire billing cycle as well as partner invoice generation.  The automatic transfer of information to back-office financial management systems ensures carriers can efficiently complete payment processing and manage the accounting for any disputed amounts which might arise.

The system's powerful, easy to use dashboard ensures users have access to the accurate, mission critical financial data required to effectively manage and report on their interconnect relationships.  The systems' advanced OLAP-style reporting capabilities at both the billing account and billing cycle levels provide users with a holistic view of the business as well as all the relevant data required to support daily billing reporting mandates. EDR gaps and insight into any rating and billing-related issues which might arise are available with a click of the mouse while real-time alerts enable carriers to react quickly to critical financial events such as when a customer's account credit limit is reached.

Business Benefits

• Provides comprehensive financial management with complete view of entire billing and settlement operations
• Eliminates operational costs while driving revenue ---reducing the time and resources required to create and deliver bills
• Offers  unprecedented view of revenue streams while identifying critical financial trends
• Ensures accuracy of each interconnect statement
• Provides embedded revenue assurance capabilities to eliminate revenue leakage

For more information on iXBill, download our iXBill brochure.