Seamlessly and accurately manage compensation between multiple partners in a value chain. Support for any business model, financial relationship and settlement policy.
MetraNet’s settlement engine manages the compensation between any number of partners in a value chain utilizing any business model. Facilitating collaboration between parties, contractual agreements are enforced, targets are managed and disputes resolved efficiently to maintain relationships, ensure cash-flow and enable growth.
Key Features of our Settlement functionality:
- Manage and compensate partners for any number and type of business models, including, but not limited to: content aggregation, content brokering, white labeling, mashups, federated and retail models across any industry
- Model any number of partners within the value chain, and determine individual terms with each partner on a per service basis
- Settle with partners on different cycles (i.e., daily vs. quarterly) to negotiate a better deal or improve cash flow
- Calculate commissions for agents and referral fees for referring partners
- Settle the difference between the wholesale and retail rates for Billing-on-Behalf-of (BoBo) scenarios
- Allocate Service Level Agreement (SLA) penalties across the value chain based on fault
- Provide self-care facilities for partners to manage and report on their commissions or revenue shares via a dedicated web-based partner-care application
- Accurately model contractual clauses in all aspects of the financial relationship, including detailed clauses relating to bonus allocation, sales targets, disputes, payment terms, taxation and currency requirements.
Benefits of Using MetraNet for Settlement
- Support for any business model, financial relationship and settlement policy
- Assurance that any future change and competitive pressure can be met
- Introduce changes in the settlement model without requiring code-changes, lengthy development cycles, vastly increasing your competitive advantage and reducing your operational costs
- Quickly sign new business with the assurance the contract can be automated and quickly implemented
- Reduce your operational costs through configuration via metadata as opposed to development
- Reduce your capital expenditure through deployment in a commodity hardware environment.
- Easily interface to any other application via a SOA compliant architecture.
- MetraNet can accept and adapt to any input or output format, requiring greatly reduced interface development