3.4.4 Manage Budget : Brief Description

Brief Description
Business Process: 3.4.4 CC&B.Manage Budget
Process Type: Process
Parent Process: n/a
Sibling Processes: n/a
It is a common practice for Organizations to offer their customers Budget Plans.There are two types of Budget Plans represented in this document: Budget Plan and Non-billed Budget Plan.
Budget Plan: Providing budget billing service is a complex process that includes of the following major steps: enroll customer in budget, monitor and true up budget, bill customer on budget, process budget payments, and cancel budget plan.
Non-Billed Budget Plan: Process depicts major elements encompasses non-billed budget: enroll eligible customer in non-billed budget and set up scheduled payments, monitor and potentially renew scheduled payment, manage financial impact on current and pay-off balances: calculation charges for monitored and unmonitored Non-Billed budget plan (bills are not created for the Non-Billed Budget's scheduled payment), process monitored and unmonitored non-billed payments).

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