Monetization and billing hold special place in the day-to-day operations of telcos. There are many promising technologies in the market that need to be packaged and delivered in an innovative manner. 5G and IoT are two key technologies that need to be delivered in an attractive manner to the customers. These technologies put heavy burden on the shoulders of telcos, especially Data MVNO and other smaller players in the market.  An intuitive billing and provisioning software solution is needed.

Transform Plans into Action Faster

The whole marketing team of a telecom operator tries to exploit market conditions. This is done by analyzing the immediate needs of customers and coming up with plans that fulfill those needs.

Operating a Billing System Software Solution is not the easiest thing to do. To devise a plan, many configurations need to be tweaked. A telecom system should allow for the different tweaks and should be intuitive enough, so that a less technically sound operator can also make the changes.

Real Time Charging For Maximum Impact

A telecom operator needs to get his basic rights if he wants to make the maximum impact with his plans and offers. A real time charging is the minimum requirement in today’s time as it helps in:

Convergent charging for consolidated billing

As both event-based services like SMS and session-based services like voice call are charged at a centralized location i.e., an Online Charging System, it becomes easier for telcos to create consolidated bills. All the charges can be reflected on a single invoice. Consolidated billing provides the necessary incentive for subscribers to stay with a single operator. They can subscribe to voice, SMS, data, broadband and even video streaming services as part of a single vendor partnership. The simplicity and convenience of Convergent Charging is crucial for a modern-day telecom operator.

Accurate implementation of credit limits

If a telecom operator is also performing the role of an IoT billing provider, the implementation of credit limits becomes even more important. Customers of today want complete transparency and do not want to pay a dollar extra. A real time charging platform keeps complete track of every transaction and ensures customers are sent timely reminders about their quota completion. Whether it is prepaid or postpaid services, real time charging is crucial in today’s time.

Revenue assurance

Ensuring proper revenue is the main concern of a telecom operator. Top billing systems like Telgoo5 are unwavering in terms of accuracy of charging. Hence, there is complete accountability for every service and total revenue assurance.

Telgoo5 provides a reliable platform, which is easy to use and completely accurate. It allows telcos to monetize their services in any way, shape or form with minimal efforts.