WEB SERVICE PROVISIONING

30 June 2003

WEB SERVICE PROVISIONING

When we adopt a “pre-paid, pay-per-use” model for our webservice, we are accepting a legal liability to our clients, to deliver “X” amount/value of “Services” (measured in, no. of transactions x tariff rate).

It is nice to have a “negative customer outstanding /a negative working capital, but this model carries responsibilities / liabilities.

 On our balance sheet, “Cash Inflow” & “Income” are two different things. “Income” is only the services actually delivered, at any point of time.

Cash Inflow-Services delivered =Balance Liabilities.

Please read enclosed notes for implementation.

All of these must be done in V.I.O> itself.

Never mess around with your financial matters.

Be crystal clear / transparent from day one!

SUMMARY TABULATIONS

Temporary Registration for FREE TRAIL

1	2	3	4	5	6
Sr. No.	Company Name	City	Executive Name	Executive Designation	Date Register
					Chronologically

For placement Agencies, this date will be the date on which, they send us their (EMAIL) ACCEPTANCE FORM for our BARTER SCHEME.

Please ensure that whatever data/fields are required to be filled-in for

“FREE TRAIL” FORM

Are also incorporated in the

“BARTER ACCEPTANCE” FORM

We have decided to treat every BARTER ACCEPTOR as an “Early Adopter” and automatically show his name on “List of Early Adopters” page.

Column’s 1, 2 & 3 can be made visible to all VISITORS to our website.

Column’s 4,5 & 6 only we can see

Statistics (FREE TRIAL)

We would need to know following fig’s.

-    How many joined

-    How many completed “Free Trail”

-    Out of those, who completed “Free Trial”,

·     How many converted to “Regular subscriber’

·     How many “backed –out” altogether after trial.

(We need to know the “yield %”). We need to create an ongoing separate database of companies which backed out after free trial, so that we can launch an email campaign to “convince” them & get feedback from them re: “Why”?

And we need to get this info for

·     Any day (of any month)

·     Any month (of any year)

·     Cumulative (within a month)

·     Cumulative (within a year)

After first month (viz: Sept.), both, “Free Trial” registrations and “Regular” registrations, would be taking place simultaneously, every day.

So, we must have similar 2 graphs for “Regular Registrations” also.

FINANCIAL SCREENS

Data picked-up from free Trial Form				Data picked up from Regular regi. form		Asutosh to enter this column upon receipt of cheque/DD
Sr, No.	Company Name	Free Trial Registration		If became Regular Subscriber
		Start Date	End Date	Cheque/DD No. & date	Amount Rs.	Asutosh created on date

Money comes in only when companies who have registered for FREE TRIAL, become regular subscribers, at the end of the trial (or even before 30 days are over), by sending chaque/DD & entering these details (check No/DD No. / Date Amount/bank drawn on etc.) in the

Regular Registration Form

From these details, a tabulation, as shown on P=3, must get automatically generated, as soon as a corporate fills-up the regular Registration form only the last column will remain blank, until Asutosh received the cheque/DD thru courier.

When he does using his password, he will access. This tabulation & enter the “date” in last column.

But the tabulation will also be accessible to kartayvya / Abhi / HCP / NHP who can, look-up & find out at a glance what “amount” of payments are dispatched / in pipe-line but still not received.

If it is more than 7 days, since dispatch of cheque / DD / by corporate (we insist thru courier),then Abhi can/must pick-up phone & talk to the client, saying we have not received the cheque so far! He should decide, based on clients feedback, whether to allow client to continue to use our webservice or to suspend it temporarily & send an email to client accordingly.

“Overall” subscription amount to be broken –up as

-    Activation Charges – Rs. 5000/- per Member corporate

-    No. of Licenses charges – Rs. 1000/- per person authorized

-    Transition Charges – Whatever amt Member chooses to pay

From total of “actual transactions” carried-out by all members, in a given month, we can arrive at,

“Balance value of Transaction services charge”

Remaining to the credit of :

·     A particular Subscriber:

This is what a particular subscriber would like to see-as a monthly tabulation:

·     All subscribers put together:

This is what we would like to see at any point of time, in a graphical manner.

For us this “Balance Amt” represents the “value of Services” yet to be delivered by us.

It (this amount) is, kind of a “Liability of the company.

(Cash Inflow – value of services delivered)

= Balance liability of company 

We should be able to see/view this for any particular customer or for all customers put together

AND

As on any date.