Axos Billing
Reliable solid data to ensure excellent business revenue
Axos Billing offers a robust and flexible solution for utility billing, enabling efficient invoice generation, supporting multiple utility services, handling complex tariffs, integrating with existing systems, and ensuring regulatory compliance. By leveraging Axos Billing, clients can streamline their billing processes, enhance customer satisfaction, and drive revenue growth with solid data management capabilities.
Key Features of Axos Billing
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Utility billing optimisation
Axos Billing serves as a comprehensive utility billing product catering to various sectors including networks, retailers, commercial, industrial, and niche customers. It optimises billing processes by combining interval volumes or fixed quantities from Axos Datahub or other third-party data management systems with pricing/tariff models and customer information.
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Invoice generation and distribution
The system generates one or more invoices per billing period, consolidating all relevant billing information. These invoices can be seamlessly distributed to external systems such as CRM, finance, debtor management, or customer-facing applications, enhancing overall billing efficiency.
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Support for multiple utility services
Axos Billing supports the billing of multiple utility services on a single customer invoice. This includes electricity, gas, water, broadband, etc. It offers flexibility to handle multiple invoices per customer and enables comparison billing to assess the impact of different pricing plan combinations, including calculating potential savings.
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Handling complex tariffs
The system is capable of handling both standard and complex tariffs, including time-of-use and distribution tariffs. It accommodates various methodologies for network billing, such as GXP and ICP-based approaches, ensuring accurate and compliant billing practices.
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Integration with existing systems
Axos Billing seamlessly integrates with customers' existing CRM, debtor management, financial, or third-party systems. This integration approach eliminates the need for complete system replacements, allowing clients to leverage their existing infrastructure while enhancing billing capabilities.
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Regulatory compliance
Axos Billing supports all regulatory reporting requirements in the New Zealand energy market and goes beyond to accommodate additional regulatory needs. This ensures that clients remain compliant with industry standards and regulatory mandates, mitigating risks associated with non-compliance.