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BillSoft
and Highdeal Partner to Provide Integrated Real-Time Rating,
Billing and Taxation
Transaction
Network Services (TNS) benefits from the Integrated Solution
for Fast, Error-free Rating, Billing and Taxation Compliance
Paris,
May 27, 2004 - BillSoft, Inc., the
leader for taxation solutions, and Highdeal, the leading provider
of pricing, charging and
rating solutions for online and mobile services, announced
today a joint solution that enables service providers to offer
fast and error-free rating, billing and taxation. The platform
decreases TCO and eliminates the burden of managing complex
tax software. This integrated solution has already been deployed
for Transaction Network Services, Inc. (TNS), a leading provider
of data communications services for transaction-oriented applications .
With
over 200,000 different taxes in the U.S., service providers are
faced with challenges that make provisioning for and calculating
telecommunications taxes a very complex task. Highdeal and BillSoft
have joined forces on a solution that allows customers to accurately
collect and calculate taxes based on current rates. The integrated
solution, which includes BillSoft's EZTax ® and the Highdeal
Transactive ® rating and billing solution, is designed to
capture, label, group and provision customer data for rating
and billing in real-time according to federal, state, county
and local tax rules.
“Today's
service providers are finding it increasingly difficult to handle
tax reconciliation and compliance,” said Vicki Klein, president
of BillSoft. “With highly flexible and automated processes, the
powerful combination of Transactive and EZTax, results in systems
that provide rating, billing and revenue collection with quicker
rollout of new product offerings,” said Klein.
The
fully integrated solution enables service providers like TNS
to dynamically manage and automate pricing, billing, and rating
processes while ensuring accurate billing and tax calculations.
The Highdeal Transactive GUI allows users to set-up the appropriate
tax characteristics during the rating process. The system transfers
the pricing information to the high-performance EZTax rating
engine to calculate applicable taxes. The tax computation results
are then available for Transactive and automatically displayed
on invoices.
“With
EZTax and Transactive, we are able to minimize time-consuming
manual tax verification processes, freeing up resources to concentrate
on other value added services for our clients,” says Richard
Martin, VP Management Information Systems, TNS. He adds, “Both
solutions focus on rapid integration which will enable TNS to
see a rapid return on its investment .”
Eric Pillevesse,
CEO of Highdeal explains, “Our solution is modular and easily
integrated into any system. This flexibility is part of our founding
vision and we strive to work with partners such as BillSoft in
order to provide cost-effective, best-of-breed solutions.”
About
Transaction Network Services, Inc.
Transaction Network
Services is one of the leading providers of business-critical,
cost-effective data communications services for transaction-oriented
applications. TNS provides rapid, reliable and secure transaction
delivery platforms to enable transaction authorization and processing
across several vertical markets and trading communities.
Since its inception in 1990, TNS has designed
and implemented multiple data networks, each designed specifically
for the transport of transaction-oriented data. TNS' networks
support a variety of widely accepted communications protocols
and are designed to be scalable and accessible by multiple methods.
TNS' network technologies have been deployed in the United States
and internationally, and TNS' networks have become preferred
networks servicing the trading community, wireless and wireline
carriers, and the card processing and dial-up automated teller
machine markets. For further information about TNS' transaction
solutions, please refer to www.tnsi.com.
About BillSoft
BillSoft specializes in enhancing billing systems and
service bureau products by providing taxation, address scrubbing
and jurisdiction assignment solutions. BillSoft's Total Tax Solution
consists of EZTax, EZData, EZFile, BillSoft Online, EZGeo, EZTax
Viewer, tax compliance filing and tax consulting services. BillSoft's
flagship product, EZTax, is the most comprehensive telecommunications
tax package available. Taxing in excess of 1.8 billion transactions
per hour, EZTax is by far the highest performance system on the
market. With the availability of taxation for products and services
in 76 countries, EZTax provides the most comprehensive telecom
tax system and the best overall value. EZTax is supported on
a wide array of platforms including the IBM S/390, IBM AS/400,
Hewlett Packard's HPUX (32 and 62 bit), Data General's DGUX,
Intel Linux, Sun Solaris (32 and 64 bit), IBM RS/6000 AIX, Bull
Escala AIX and Windows NT/2000/2003 environments. In addition,
BillSoft is partnered with billing and OSS providers, providing
communications companies with a one-stop approach and seamless
billing/taxation system. For more information, please visit the
company's web site at www.billsoft.com.
About Highdeal
Highdeal is the leading provider of innovative pricing,
high performance rating and settlement solutions for emerging
online and mobile applications and services. Highdeal enables
companies offering these services to create and implement successful
pricing strategies in dynamic market environments. With over
70 implementations in more than 15 countries, companies around
the world rely on Highdeal for their pricing and rating needs.
Highdeal has offices in New York, Paris, London, Munich and Santiago.
Please visit www.highdeal.com.
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