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TBR's role in the industry is that of an intermediary. Its clients promote, sell and provision their own services to residential and business consumers and then deliver electronic data records to TBR evidencing billable events. TBR then functions as a data processing and accounting clearinghouse formatting and delivering billing records to the bill generator such as a local telephone or credit card company. Where billing company systems can accommodate, the charges appear as detailed line items typically 'billed on behalf of' the underlying service provider. On behalf of its service provider clients, TBR fields consumer inquiries regarding billing charges and may be empowered to issue adjustments or credits in accordance with procedures contractually agreed to with the service provider. In the event that consumers wish to reach the underlying service provider, TBR can refer or transfer the consumer accordingly. Billing and collections can be a costly and complex business function. A billing intermediary, such as TBR, allows a service provider to reach millions of consumers via hundreds of billing companies with a single relationship. Similarly, the billing intermediary allows a telephone billing company to support hundreds of service providers with a single relationship. This many-to-many relationship management translates into lower operating cost for both the service provider and the billing telephone company, which thereby helps to lower service costs to the consumer. In its role as a billing intermediary, TBR often facilitates communications between consumers and service providers to resolve service or billing issues. This can be a challenging role when processing millions of billing records each month and having played no role in the sale or provisioning of services to the consumer. TBR's operating goal is the balanced satisfaction of all three parties' consumers, service providers and the bill generating companies. |
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