Las Vegas, NV, January 1, 2009 – Avangard Solutions, Inc, a leading provider of software solutions and professional services, announced the release of its convergent billing system AVAMedia.

AVAMedia is a unique convergent billing solution created from ground up to meet the challenges of the today’s dynamic multi-service world. Designed to cope with the most complex charging problems AVAMedia enables service providers to gain flexibility in all areas of the billing process: pricing, packaging, rating, invoicing, settlement, balance management, reporting, revenue assurance and accounting.

Service Independent Billing

AVAMedia provides billing for any type of services. Administrators can use or create any possible billing parameters to model and create their custom types of services.

Multi Service Billing

AVAMedia allows service providers to quickly and easily package multiple services in a single offering.

Convergent Billing

Service providers gain the ability to consolidate all services into one customer bill.

Multi-tiered Billing

Multi-tier billing structure featuring charge inheritance and dependencies within the hierarchy of service providers and services.

Value and Volume Billing Models

Billing can be done based on the value of the service per billing unit, based on the volume of the service used or a combination of both

Event, Session, Fixed, Variable, and Recurring Charging

Service providers can charge based per occurrence of charge event; per quantity used; flat charge, percentage of charge value or a combination of the above; periodic charges can be configured for recurring charges.

Multi-CDR Charge Events

A single charge event triggers the generation of one or multiple charge records for multiple accounts up the multi-tiered hierarchy.

Prepaid and Postpaid Billing Models

Service providers are enabled to setup both prepaid and postpaid models in a single configuration.

Customizable and Granular Taxation

AVAMedia allows for fixed and variable taxation per service or per billing event within a package.

Multi-currency Support

With a single AVAMedia installation service providers can offer their services in multiple countries and currencies.

Time-zone Independence

Time presentations are user specific and customizable on the fly.

Settlement

AVAMedia allows for real time efficient management of the supplier value chain including costs, commissions, royalties etc.

Support for Dynamic Charge Events

Administrators can use custom filters to trigger rate plan switching or special charge handling.