The market is characterized by a large volume of EDRs with a limited timeframe in which to conclude an entire bill cycle, thus, latency and accuracy prove to be substantial challenges. The extreme competitiveness of the market forces organizations to retain flexible contract management systems and product catalogs that are able to sustain frequent modifications thereby rendering business agility as a fundamental necessity. In Usage Based Pricing, the system rates the processed EDR and prepares accumulations for other needs based on the identified pricing scheme, customer and paying entity and subject to historical usage and reference tables.
ESI’s Pricing Technology offers an instantaneous and accurate rating engine along with a flexible
product catalog which vastly impacts efficiency and profitability. By using ESI's solution, a company can gain a significant competitive edge in its market and enhance its profit.

• Highly configurable real-time rating engine.
• Easy integration to legacy system.
• Elimination of pricing errors.
• Greater market agility, faster response to demand volatility and competitive threats.
• Dynamically determined pricing over product lifecycles for yield optimization.
• Gained visibility into the profitability of business lines.
• Enforcement of product pricing guidelines into different market segments.