Abstract: A price-generation system exemplary of the present invention reduces reliance on synchronization of rating and billing information, simplifies and speeds up commercial implementation of such systems, and reduces computational costs associated with real-time cost calculations by pre-computing rating data that can be automatically applied to subscriber usage. In one embodiment, a price-generation system comprises an analysis component configured to automatically generate at least one rate cube, wherein the at least one rate cube is configured to store rate plan information, an order entry component configured to pre-compute recurring charge information associated with at least one service based on at least a first set of rules, and a billing component configured to calculate total charges based on at least the pre-computed recurring charge information and usage charge information, wherein the usage charge information is calculated using the at least one rate cube.
Abstract: A price-generation system exemplary of the present invention reduces reliance on synchronization of rating and billing information, simplifies and speeds up commercial implementation of such systems, and reduces computational costs associated with real-time cost calculations by pre-computing rating data that can be automatically applied to subscriber usage. In one embodiment, a price-generation system comprises an analysis component configured to automatically generate at least one rate cube, wherein the at least one rate cube is configured to store rate plan information, an order entry component configured to pre-compute recurring charge information associated with at least one service based on at least a first set of rules, and a billing component configured to calculate total charges based on at least the pre-computed recurring charge information and usage charge information, wherein the usage charge information is calculated using the at least one rate cube.