MetraTech announced the launch of the MetraTech billing solution, a native XML billing platform. The MetraTech billing solution enables businesses to capture and manage all aspects of the billing process, including metering, rating, taxing, branding, presentation, and payment, thereby reducing a business’ time to market for value-added service offerings. It was built from the ground up specifically for web-based business service providers using XML. MetraTech helps service providers accelerate profitability by enabling them to rapidly introduce new high-value, high-margin services, offer creative pricing for those services, and automate the billing process so customers can view their charges immediately, in real time online. The MetraTech billing solution is deployed via an a la carte model, allowing clients to license or outsource only the components they require, with the fluidity to add more billing components as business needs dictate. MetraTech’s web services architecture allows businesses to leverage existing IT investments and technologies. MetraTech targets three key industries: Application Service Providers/Business Service Providers (ASPs/BSPs); enhanced communication service providers; and digital marketplaces. The MetraTech billing solution is available today. It can be licensed or outsourced via the Internet.