RX Meter Data Management
Clever collection of critical data.
RX Meter Data Management is a powerful engine that efficiently collects, validates and stores metering data to support accurate billing, regulatory compliance and operational insights.
Two of the biggest issues retailers face when billing is missing data or estimated data when they are expecting actuals. This results in an inability to bill customers and an increase the risk of non-compliance issues and ombudsman cases.
Brave Meter Data Management automatically chases missing or erroneous data from the Meter Data Provider (MDP) so a business user does not have to. It improves accuracy in the data which is available for billing and reduces the amount of work that needs to be manually undertaken by a user.
How Meter Data Management Works
RX Meter Data Management loads, validates and stores your metering data. The Missing Read Monitor reviews inbound metering data and identifies gaps and erroneous data, raising B2B data fulfilment requests to the MDP automatically. Hosted on bravecloud™, this module can be part of a holistic solution for your retail operations, or a point solution for an existing system.
1. Receive
Inbound processing of metering data from market or external sources.
2. Version and Validate
Version against current records and apply validation rules to determine the correct data to use for billing.
3. Notify
Store data and notify the billing engine of key meter data events to trigger automated billing processes.
4. Request Missing Data
identify missing or erroneous data and automatically request it from the meter data provider using industry standard B2B requests.
Benefits
Reduce the need for manual interventions
Missing or erroneous data is automatically requested from the meter data provider, reducing the need for manual interventions.
Monitor closely
The RX Meter Data Management dashboard and reporting tools enable close monitoring and valuable data insights.
Features
Data Storage
Receive and store metering data from the market and off-market sources. Accredited for metering types 1 through 7 and supports interval, basic, and UMS meter data.
Supports logical metering relationships
The Meter Data Store can perform complex algorithm calculations for billing or data validation.
Missing Reads Monitor
Identifies missing data and automatically initiates B2B meter data requests to the relevant MDP for data fulfilment.
Proactive notifications
The Meter Data Store automatically notifies your billing engine of changes to metering data that may require billing action.
Detect billing arrangements
RX Meter Data Management automatically detects embedded network billing arrangements.
Validation and version control
Reading data is version-controlled, and validation rules can be customised.
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