Usage Metering
- Diksha Sethi
- Jenni Wallin
- Jonas Wallenius
Usage Metering enables business models where customers are charged based on the usage of a product or service. It helps companies launch and optimize usage-based billing by providing accurate and detailed usage summary records to the billing system.
Usage Metering in Usage Engine Cloud Edition is a purpose-built software that solves complex usage-based billing problems that 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. When a billing period ends, the metered data is sent to the billing or ERP system as usage summaries. Usage Metering also provides standard APIs and an intuitive graphical user interface for managing and accessing all metering-related information, which reduces time-to-value as well as technical complexity.
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