Importance

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Abstract

The above objects can be attained by a system that creates system-created events at an optimal time independent of the billing process, and performs a continuous pricing process so that as events become available to the system they can be priced and summarized in real-time, allowing the billing process to be performed more efficiently. Usage and one-time events become available for pricing as soon as they are delivered to the system. System-created events, such as recurring, minimum charge summary, and maximum charge summary events, are created by the system based on a schedule defined by a subscription to which a customer has subscribed. Charges for events are re-calculated, if necessary, when information in the system, which impacts the charge of an event, changes. On demand pricing is performed when a charge for summary event, such as, a tiered discount plan summary, minimum charge summary, or maximum charge summary, is to be displayed or billed.

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First Claim