Top-Class Telecom Billing Solutions for Constant Business Growth
For a telecom operator, it is important to stay consistent in terms of the quality of service. Therefore, every telecom operator, whether it is an MNO or MVNO, utilizes telecom billing solutions that are designed for better monetization, accurate billing and complete revenue assurance.
SaaS based telecom billing software is becoming increasingly popular amongst next-gen telcos because it provides them great flexibility in service acquisition and delivery. It also comes with Application Program Interface (API) for integrating new functionalities. Moreover, it is easier to buy because of low capital investment.
The Need for Top-Class Telecom Billing Software Services
In today’s age, a telecom operator simply cannot survive if it does not have telecom billing software services that are on par with what other top players in the industry are using. Regardless of the scale, an MVNO needs faster and better monetization functionality. And this is only possible via SaaS-based telecom billing software services.
The need for top-class telecom billing solution is justified because of the following reasons:
Real-time charging
Most world-class telecom billing solutions are powered by a real-time and convergent charging platform. For example, an Online Charging System (OCS) is used by Telgoo5 to offer real-time charging functionality. Truly 3GPP-compliant real-time charging is needed to prevent revenue leakage and maximize the impact of monetization.
Consolidated billing
Due to the ever-expanding catalogue of telecom billing services, it is vital that a telecom operator can offer a single invoice that reflects every single charge. For example, the charges of broadband, prepaid, postpaid, IPTV, anti-virus, online subscriptions etc. can be printed on the same invoice. Many customers love this type of convenience. If they have already experienced it, you won’t be able to lure them towards your brand if you are lacking this vital functionality.
Attractive discounts
Along with monetization, you should also be able to offer attractive discounts to your customers. For example, it is possible to offer cross-product discounts to your customers. You can create attractive plans that lure customers toward your brand with top telecom billing solution.
Complete and thorough reporting
Reporting allows operators to understand the impact of the telecom services you have commissioned. You can comprehend and analyze how your customers are reacting to your every move. It also becomes a lot easier to understand the value of your interconnect partnerships, vendor partnerships and per user revenue. At Telgoo5, you get a dedicated slave database that provides you every report from the master database.