Telecom industry is an ever-evolving space. Every few months there is a new development that forces telcos to change their strategies. For a new entrant in the market, this can be an intimidating situation. Not only MNOs/MVNOs have to fulfil the current needs, but they also have to keep tabs on what comes next. One needs to at least have expertise in voice and video calls, IPTV and VoD, IP Centrex/Hosted IP PBX, residential VoIP, Wi-Fi, LTE and M2M/IoT. This is just the very basic. What comes later can be even more challenging, especially if you already have your hands filled. So, instead of taking every responsibility head-on all by yourself, you should use telecom billing services that are tried and tested.
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3 Reasons to Pass on Legacy Billing Systems
Ensuring that the most efficient, effective and beneficial billing system is implemented into a business should be a top priority for any owner. The success and downfall of any company will depend on a variety of variables such as customer satisfaction and total revenue.
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How Should Your Business Handle Billing Solutions?
It goes without saying that one of the most integral aspects of any business is how the billing solutions are being executed and handled. Cash flow is what makes any company successful and implementing the most efficient and effective charging system should be one of your top priorities. To keep up with the Internet of Things (IoT) and to maintain a level of excellence for the charging-side of your company, how should you be handling your billing solutions?
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Temptation of Cheap Telecom Billing Software and How to Overcome It
Telecom billing software lays the basis for a telecom operation to grow upon. It has great significance for both MNOs and MVNOs that are always in a war of competition amongst them. There are different aspects of a telecom operation that need to be accounted for by telecom billing systems. A professional approach to telecom billing is a must, if you truly want to keep your customers happy and your day-to-day operations organized.
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Avoid Pitfalls of Subpar Inventory Management with Proven Telecom Software Solutions
The value of inventory management isn’t always reflected in the revenues generated by companies. But, veterans across all industries understand its significance and keep it at the forefront of their thoughts. The situation is quite different for small virtual operators i.e. MVNOs who simply do not have the wherewithal to establish the infrastructure required for flawless inventory management. The key is to partner with an MVNE that has proven telecom software solutions to undertake a project of any magnitude.
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Why Telecom Software Solutions Are Pivotal for Telco Success?
Telecom industry is going through one transformation after another with the launch of new technologies. For a telecom operator, it is essential to keep up with the emerging changes and deliver services that are pertinent to the modern-day subscribers. This is where telecom software solutions come into the picture. A platform that is intuitive and user-friendly allows telecom operators to conceptualize better telecom offerings, which is essential for their success.
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Bill Shock No More with Convergent Telecom Billing Systems
Telecom billing systems have kept on evolving since their inception in the early 1990s. In the years gone by, telecom billing was primarily done for simple services like voice and SMS. The plans were simple and the significance of billing software was not that high. But, with the addition of data-based services, the pressure on billing and OSS software telecom systems has reached unfathomable proportions. No longer are customers satisfied with separate bills for different services. The paradigm of prepaid/postpaid billing has shifted completely and a centralized charging architecture has become the staple of successful telecom billing systems.
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6 Criteria Telecom Billing Systems Need to Pass for MVNO Success
Mobile Virtual Network Operators (MVNOs) have become an integral part of the telecom industry as they fulfill the requirements of subscribers who are not satisfied with the services of MNOs. But, being an MVNO in the present-day competitive world is not easy. Many MVNOs are conceptualized with great visions and seem to work well in the beginning, but they often struggle to maintain their momentum because of one reason or another. Whatever the reason may appear on the surface, the root cause of their problem lies in the telecom billing systems they employ.
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How a BSS Billing System Will Positively Impact Your Business
Within the last couple of years, there has been exponential growth in the telecommunications industry. This has resulted in a rise in demand for efficient BSS (Business Support System) billing systems.
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Unearthing the Real Valuable Traits of Telecom Software Solutions
As competition increases between companies in the telecom industry, telcos are at a juncture where they need to push for innovations that can actually make a difference. The pressure to come up with creative offerings is immense, especially on smaller virtual operators that go by the name of MVNO (Mobile Virtual Network Operator). As these operators cater to a smaller customer base, they are at a higher risk of losing their complete revenue source due to subscriber indifference. Hence, the need to invest in telecom software solutions that can actually make a difference is high.
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