S.No |
Submodule |
Description |
Sustainability Focus |
Impact |
1 |
Invoicing |
Consolidates charges from different sources into a single invoice for customers. |
Paperless Invoicing: Promote digital invoicing. |
Reduction in paper waste and lower carbon footprint. |
2 |
Billing Integration |
Integrates billing data from various sources and prepares it for invoicing. |
Sustainable Billing Practices: Include sustainability charges or credits. |
Encourages eco-friendly customer behavior. |
3 |
Invoice Processing |
Manages the processing of invoices, including validation, corrections, and approval workflows. |
Green Invoice Validation: Incorporate sustainability checks in the validation process. |
Ensures sustainability is factored into billing processes. |
4 |
Payment Processing |
Manages payments from customers, including payment allocation and reconciliation. |
Eco-Friendly Payment Processing: Promote digital payments and environmental contributions. |
Reduces carbon footprint associated with payment processing. |
5 |
Dunning and Collections |
Manages overdue payments, including sending reminders and handling collections. |
Eco-Friendly Reminders: Utilize digital communication for dunning. |
Minimizes paper waste in the dunning process. |
6 |
Account Receivables Management |
Handles customer accounts, including managing open items, account statements, and customer balances. |
Sustainable AR Practices: Integrate sustainability metrics into AR reporting. |
Provides insights into environmental impact from AR processes. |
7 |
Revenue Distribution |
Distributes revenue from invoices to different accounts and cost centers. |
Green Revenue Allocation: Track and allocate revenue from sustainable services. |
Enhances transparency and supports reinvestment in sustainability initiatives. |
8 |
Reporting and Analytics |
Provides insights into billing, invoicing, and payment data for financial analysis. |
Sustainability Reporting: Integrate sustainability metrics in reports. |
Supports decision-making based on environmental impact data. |
9 |
Tax Management |
Manages tax calculations and compliance with local tax regulations. |
Green Tax Incentives: Apply tax benefits for eco-friendly services. |
Financial benefits through tax breaks and support for sustainability-driven services. |
10 |
Dispute Management |
Manages disputes related to billing and invoicing, including resolution and adjustments. |
Eco-Friendly Dispute Management: Handle disputes digitally. |
Reduces environmental impact through digital dispute handling. |
11 |
Partner Settlement |
Handles the settlement of revenues and costs with business partners. |
Sustainable Partnership Management: Prefer partnerships with eco-friendly practices. |
Strengthens sustainability across the value chain. |
12 |
Pricing and Charging |
Manages complex pricing models and charging rules. |
Green Pricing Models: Incorporate incentives for sustainable usage patterns. |
Encourages customers to adopt green practices through pricing strategies. |
13 |
Balance Management |
Manages customer account balances, including prepayments and overpayments. |
Sustainable Balance Management: Track funds allocated to sustainability projects. |
Facilitates the funding of sustainability initiatives. |
14 |
Lifecycle Management |
Manages the entire lifecycle of customer accounts and contracts. |
Sustainable Lifecycle Policies: Encourage long-term, eco-friendly contracts. |
Promotes sustainability through lifecycle management strategies. |
15 |
Customer Engagement and Experience |
Enhances customer interaction and experience within CI processes. |
Sustainability Engagement: Educate and involve customers in sustainability initiatives. |
Increases customer awareness and participation in sustainability efforts. |