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Oracle Communications is pleased to announce the release of Oracle Monetization Cloud (OMC) version 18B. Oracle Monetization Cloud enables businesses across industries to quickly launch digital and subscription-based services, and benefit from recurring revenue streams and deeper customer relationships.
Service providers and enterprise customers around the world have selected Oracle Monetization Cloud to monetize their digital services in areas including smart cities, broadcast, software and education.

Version 18B, the second Monetization Cloud quarterly release for this year and numbered according to the latest Oracle cloud conventions, delivers increased support for regulatory requirements along with improved operations management and subscription monetization capabilities.

 

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Refer My Oracle Support Knowledge Doc ID 2415197.1 for key Features/Benefits of OMC 18B release.     

 

 

 

 

 

 

 

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Oracle Communications Pricing Design Center (PDC) version 11.1 is now in its Extended Support period, with extended support available until Dec 2019 for customers choosing to take this option. The PDC 11.1 lifetime support periods do not cover the Oracle Communications Billing and Revenue Management 7.5 support periods, which has Premier Support until Nov 2020, with Extended Support available until May 2021. Additionally PDC 11.1 is certified only with WebLogic 10.3.6 which has Premier Support until December 2018.

 

Due to these misaligned support periods, we plan to release a new minor version of PDC which will be certified on WebLogic 12.2.1.3.0, with the new release tentatively versioned as PDC 11.2. This release will ensure that there is a PDC 11.x release, certified with BRM 7.5, which has the same Premier and Extended Support dates as BRM 7.5 and will also ensure that the application is supported on a release of WebLogic which is under Premier Support.

 

 

Refer My Oracle Support Knowledge Doc ID 2407985.1 for more details.

 

 

 

 

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Oracle Monetization Cloud Service is a cloud-based charging, billing, payments, and revenue management platform for your subscription-based products and services. Oracle Monetization Cloud Service reduces implementation requirements by integrating with payment service providers and customer relationship management solutions using web services and pre-built application exchange offerings.

Oracle Monetization Cloud provides an end-to-end revenue management system for digital service providers.

 

Refer My Oracle Support Knowledge Doc ID 2404804.1 for Oracle Monetization Cloud User's Guide.

 

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Click here for a short video about Oracle Monetization Cloud.

For Press Release information, to request a Live Demo and to learn more about Oracle Monetization Cloud Service, go to oracle.com/monetization-cloud

 

Feel free to open a community thread here if you have any questions about the topic. You can also add a comment in below comments section for any questions.

 

 

This blog highlights some of Oracle communications Billing and Revenue Management (BRM) product features which may be used to remove personal data related to an account in BRM system.

BRM Customers can make use of some of existing BRM features and opcode to remove personal data related to an account in BRM system.

Please refer Knowledge Management(KM) Note 2392071.1 for details on how to erase personal data in BRM.

Feel free to open a community thread here if you have any questions about the topic.

Oracle Communications is pleased to announce a white paper with some sample scenarios on how to configure Billing and Revenue Management (BRM) Revenue Assurance for offline usage rating with Elastic Charging Engine (ECE) and Offline Mediation Controller (OCOMC).

Please refer KM Note 2372890.1 for white paper on Revenue Assurance with ECE and OCOMC.

 

Feel free to open community thread here if you have any questions about the topic.

Oracle Communications is pleased to announce Oracle Communications Billing and Revenue Management (BRM) release 12.0.

BRM is a foundational product in the Oracle Communications monetization portfolio, providing a complete revenue management system for all types of digital service providers with support for complex rating and billing scenarios, high volume usage processing and multi-sided business models. This major release of BRM provides a modern platform for service providers to innovate, profit and grow as they evolve to support broadband technology innovations and new digital services.

                                                                     
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KEY BENEFITS

  • Modern user experience through web based, tablet compatible user interfaces.

  • Improvement of the CSR workflow, allowing them to address a wide range of customer requests via a single user interface.

  • Reduced operational costs from faster subscriber issue resolution.

  • Modern and simplified integration layer for billing care functions.

  • Advanced built in security.

  • Standardized and simplified installation.

  • New Lifetime Support Policy with Oracle Premier Support available for five years until December 2022.

KEY FEATURES

  • Key functionality from Customer Center, Payment Tool, Payment Center and Collections Center is now exclusively available in the modern, browser based Billing Care GUI: 

    • Advanced customer and asset management with subscription group services.

    • Corrective invoicing, credit profile management and sharing.

    • SEPA Payments, account and bill unit level refunds, item and event level disputes.

    • Collections management, write-off and recovery.

 

  • RESTful, secure and documented Billing Care API.

  • Sensitive data managed using Oracle Wallet for enhanced security.

  • Oracle Universal Installer (OUI) support.

  • Underlying technology and middleware updates.

  • Certification on Linux 7.2, Solaris 11.3 and client certification on Windows 8.1 and 10.

 

Please refer Knowledge Doc ID 2341368.1 for more details on BRM 12.0 Release.

 

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Oracle is pleased to announce the release of Oracle Monetization Cloud.

Oracle Monetization Cloud (OMC) Service enables Recurring Revenue Models for Digital Services Providers. The new service complements Oracle ERP Cloud and Oracle Customer Experience Cloud Suite to provide monetization across the customer journey.

 

Oracle Monetization Cloud Service is a cloud-based charging, billing, payments, and revenue management platform for your subscription-based products and services. Oracle Monetization Cloud Service reduces implementation requirements by integrating with payment service providers and customer relationship management solutions using web services and pre-built application exchange offerings.

This new cloud service accelerates time to market for digital and subscription-based products and services by enabling the full life cycle of customer on-boarding, offer creation, robust rating and discounting, billing, customized invoicing and reporting.     

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Key Features/Benefits :

  • Robust rating, discounting, billing, and invoicing capabilities
    • Create flexible and innovative digital services
    • Offer subscribers personalized selections
    • Support full product lifecycle
  • Prebuilt connectors and web standard APIs
    • Easily integrate to Oracle and third-party solutions
    • Reduce delivery timeframe for launching subscription offers
    • Reduce risk through repeatable solutions
  • Full financial compliance
    • Ensure financial security with certification from Payment Card Industry (PCI)
    • Comply with GAAP and Sarbanes-Oxley
    • Recognize a variety of revenue sources covering a range of digital business models
  • Sophisticated analytical tools
    • Gain a real-time view of customer behavior
    • Respond quickly to market demand with new digital Offerings
    • Enables data-driven decision making and agile monetization with a real-time view of financial performance
  • Integrated Oracle Cloud technology
    • Improve performance with a highly scalable, available, and extensible system
    • Reduce risk with future-proof, best-in-class solutions
    • Protect your data with world-class security

 

With Oracle Monetization Cloud, users benefit from:

 

Full life-cycle capabilities: The service supports the full life-cycle of subscription services, from on-boarding subscribers, to rapidly launching and modifying innovative offerings, to leveraging flexible rating, discounting and billing capabilities, to customizing invoices, to analyzing business performance through robust reporting. These functions are available through intuitive web-based user interfaces so customers can quickly deploy and modify their offerings to meet market demand.

 

Easy integration: Newly developed out-of-the-box connectors and standard web-based SOAP and REST APIs enable customers to integrate easily with front-office and back-office systems, including Oracle, Chase Paymentech and other third party CRM, e-commerce, ERP systems and payment and tax gateways. These simplified integration options speed deployment of the cloud service and thereby accelerate time to market, providing customers with the convenience of continuing to use their existing solutions.

 

Risk and cost reduction: Full compliance and certification with Payment Card Industry (PCI) and Generally Accepted Accounting Principles (GAAP) as well as support for fully compliant re-invoicing and recognition of seven types of revenue allow customers to reduce risk, combat revenue leakage and ensure audit compliance.

 

Full suite of monetization capabilities: The monetization solution is part of a full platform that spans the customer journey from engaging on social channels to tracking a sales lead to creating and offering innovative services to on-boarding subscribers to rating and billing to revenue recognition and compliance. Oracle is unique in offering an end-to-end suite of best-in-breed cloud services that work together in monetizing the entire journey.

 

Click here for a short video about Oracle Monetization Cloud.

 

For Press Release information, to request a Live Demo and to learn more about Oracle Monetization Cloud Service, go to oracle.com/monetization-cloud

 

Feel free to open a community thread here if you have any questions about the topic. You can also add a comment in below comments section for any questions.

Next major version of Billing and Revenue Management (BRM) product is planned for release in late 2017.

                                                                                                                         

 

The following are the key features planned for the upcoming release:

  • Convergent charging
  • Selective migration of pricing data
  • Quota based grants for daily bundles
  • Balance Monitoring with ECE
  • Nonlinear rating
  • Dynamic Data Quota
  • Improved policy integration with Sy enhancements
  • Voucher enhancements with new redemption flows
  • Modern user experience with Billing Care
  • Removal of thick clients Customer Center, Payment Tool, Payment Center and Collections Center, replacing with key functionality in the modern, browser based Billing Care GUI
  • Advanced customer management
  • Advanced asset management with upgrade/downgrade/generation change
  • Subscription group services
  • Corrective invoicing
  • Service transfers
  • Credit profile management
  • Sharing
  • SEPA Payments
  • Account and bill unit level refunds
  • Item and event level disputes
  • Complete collections management
  • Write-off and recovery
  • Oracle Universal Installer based install

 

For more details, refer BRM statement of Direction (SOD) document available at following KM article.

 

Oracle Communications Billing and Revenue Management Release Planning Document - Statement of Direction( Doc ID 1380381.1)

 

Note: The above KM note is a dynamic document which gets updated with most recent SOD whenever made available. Please ensure to bookmark and revisit this KM note for updated versions of BRM SOD.

 

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Oracle Communications is pleased to announce best practices checklist for BRM Production Go-live.

The BRM Go-Live Checklist is provided to help projects ensure that as many of the activities as possible that may influence a project's success have been implemented.

These recommendations are not related only to the configuration and deployment of the application software components but also includes (but is not limited to):

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  • The hardware and environment into which the software components will be deployed                  
  • Considerations for performance, high-availability, and disaster recovery
  • Operational management processes
  • Maintenance and data-management processes
  • Testing and configuration management processes                                     

 

Best practices checklist can be accessed at below URL :

 

      BRM Go-Live Checklist

 

  Feel free to open a community thread here if you have any questions about the topic. You can also add a comment in below comments section for any questions.

Simplicity, speed and relevance are absolutely essential for any organization striving to succeed in today’s business environment. These three factors apply to the offerings that providers bring to market, and more importantly, they apply to the critical BSS infrastructure that provides the foundation for theirprogram.jpg organizations.

Recognizing these needs, Oracle Communications is pleased to announce the release of Oracle Communications Revenue Management Suite Reference Implementation Version 2.0 (RMS RI).


Key capabilities and benefits of RMS RI includes:

    • Fast and Effective Installation and Base Configuration of Revenue Management Suite Products like BRM,ECE,PDC,OMC.
    • Automated Validation and Easier Deployment.

 

Please click on following URL for more details on RMS RI:

Revenue Management Suite Reference Implementation (RMS RI)                                                                                                                                                                                                                                                      

Feel free to open a community thread here if you have any questions about the topic. You can also add a comment in below   comments section for any questions.

Are you looking for information on how to migrate from existing Oracle Communications BRM RADIUS (Remote Authentication Dial In User Service) Manager to Oracle Communications RADIUS Gateway? Or looking for generic information on how ECE 11.3 implements RADIUS protocols by using RADIUS Gateway?

 

Click on following URL for details.


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RADIUS Gateway Solution Migration Guide


 

 

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Oracle Communications is pleased to announce best practices checklist for BRM  ECE(Elastic Charging Engine)  Production Go-live.cheklist.jpgThe ECE Online Charging Engine (OCS) checklist validates that operational best-practices and key procedures are in place prior to going live or performing a major release upgrade. These operational best-practices cover non-functional success factors such as performance, configuration,purging and DB statistics management.

Oracle recommends that implementation project teams review this material well ahead of the target go-live to ensure that project plans incorporate required activities.


Best practices checklist can be accessed at below URL:

Best Practices checklist for ECE Production Go-liv


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Check out the White Paper at following URL for information on Revenue Recognition scenarios in Oracle Communications Billing and Revenue Management (BRM) Product.ledger.jpg


BRM Revenue Recognition White Paper

 

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cnt1802709.jpgOracle Communications is pleased to announce the release of Billing and Revenue Management (BRM) 7.5 Business Operations Center.


Billing and Revenue Management (BRM)7.5 Business Operations Center was released on 29 April 2016.

KEY CAPABILITIES AND BENEFITS:

Business Operations Center is a web based graphical user interface that helps to create, schedule, and view the results of billing, payment collection, invoicing and general ledger reporting operations.

  • Billing: Finds accounts that need to be billed; calculates the balance due for each bill unit in the accounts, including all usage and cycle fees; creates a bill for the balance due.
  • Payment Collection: Collects the balance due for accounts that use payment card (credit or debit card) and direct debit (cash) payment methods.
  • Invoicing: Generates invoices that list the events that were charged for, and the customer's total account balance.
  • Generating General Ledger Reports: Generates general ledger (G/L) reports to collect G/L data for G/L accounts.
  • Viewing Business Trends: Shows business trends based on data generated by the preceding operations


For more information, please check:Business Operations Center

Feel free to open a community thread here or add a comment in below comments section for any questions.

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Oracle Communications is pleased to announce Oracle Communications Billing Care Release 7.5.


Oracle Communications Billing Care is a web based application you use for managing billing, payments and accounts receivable for customer accounts.

Click on following URL for more details:

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