Veris Billing is a fully convergent telecom billing, real-time charging and policy management system. Its greatest strength is its innovative real-time capabilities which enable pre-paid and post-paid subscribers to be served by a single telecom billing system, and provide great flexibility in pricing and marketing offers without creating IT complexity.
It uniquely enables real-time rating for dynamic subscriber package creation and monetisation offered by Veris CRM. It also supports billing-as-a-service functions to partners and enterprises via Veris O²P.
Veris Billing's modern architecture enables very large scale real-time deployments. Supporting over a billion subscribers in six countries and processing over 6 billion call detail records and over 60 million online transactions daily, our telecom billing system is proven with some of the world's largest operators.
62 million pre- and post-paid subscribers are supported in just one province for China Mobile; and more than 30 million pre-paid subscribers are supported in true real-time on a single system in Pakistan.
Veris Billing includes all the components of a fully convergent billing and charging system, including rating, billing, online and offline charging, policy management, mediation, settlement & interconnect and voucher management. It offers multi-network convergence across fixed, mobile (2G, 3G and 4G), broadband and IP; multi-service convergence including voice, data, SMS and content; as well as multi-segment convergence of prepaid, postpaid, partner and business sectors.
Veris Billing’s core capabilities are also complemented by a Unified Product Catalog (Veris UPC) that offers a unified product view, ability to personalize offers for individual customers, a versatile product creation environment that greatly reduces time to market, and end-to-end product lifecycle management functionality.
Veris Billing also enables cutting edge capabilities such as Real-time Self-Service which enable operators to thrive in the new digital economy, and provide full support for cloud deployments with multi-tenancy for significant cost efficiencies.