Licensing Information
The feature described in this documentation is optional and might not be part of the edition covered by your company's license.
Usage Metering enables business models where customers are charged based on the usage of a product or service. It helps companies to launch and optimize usage-based billing by providing accurate and detailed usage summary records to the billing system.
Usage metering on Usage Engine Cloud Edition is a purpose-built software that solves complex usage-based billing problems which require advanced usage-data management and metering capabilities. It measures the usage of assets, transactions, and events over different time periods without the need to replace existing billing or ERP systems.
Usage metering collects usage data from operational systems and meters usage over a billing period. After a billing period ends, the metered data is sent to the billing or ERP system as usage summaries. Metering also provides standard APIs and intuitive graphical user interface that can be used to manage and access all metering-related information. This reduces time-to-value as well as technical complexity.
