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Once your marketing department finalized all the products, services, packages and associated prices, they are configured in the billing system.
Different billing systems provide different levels of flexibilities of defining products and their hierarchies in terms of parent, child and grandchild products.
Some systems are flexible enough to support packages and bundles and few provide limited functionalities related to packages and discounted prices.
Some systems keep product catalogues separately from the price catalogues to provide better modular approach and some billing systems combine products descriptions, their features and associated prices altogether.
Once all the products, services, packages and their events are configured in the billing system, next step is to define their rental and usage prices
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