Telecoms billing software – the most important functionalities for business

Telecoms billing software is an essential element of any infrastructure belonging to a Telecommunications company. Such software has key functions that enable comprehensive system management, ensuring smooth settlements and increasing customer satisfaction with the services provided. Choosing an effective solution is key to maintaining competitiveness on the market. What do such systems currently offer? What innovations does such Telecoms billing software contain?

• Telecoms billing software – the most important functionalities
• Wholesale and Telecom billing platform – support with various partnership agreements
• Wholesale telecommunications and improved partner management functions

Telecoms billing software – the most important functionalities

Telecoms billing software is a solution that enables the management of all complex settlements and payments in Telecommunications systems. Telecom wholesale billing system is flexible and reliable, uses the latest technological solutions. Using such wholesale billing in Telecom allows scaling the business with a dynamically growing number of users and adapting it to regulatory requirements imposed by legislative authorities.

Telecom wholesale billing system is a support for various business models. It is also prepared for new innovations and the possibility of using additional services if the dynamics of market changes require it.

Every Telecom wholesale business operating in the Telecommunications industry provides the ability to handle and process large amounts of data while avoiding errors that disrupt the work and exchange of information between customers and client service.

Wholesale and Telecom billing platform – support with various partnership agreements

In the Telecom wholesale business, various types of agreements are used to ensure the effective functioning of the Telecommunications company. One type of relationship is Interconnect, which facilitates mutual connections between operators. Another solution is roaming, which is the option of using one’s own services outside one’s own network thanks to, for example, HUR, TAP, RAP and NRTRDE.

It is also worth mentioning cooperation with virtual operators, i.e. MVNOs, M2M settlements, in which communication between machines takes place.

Another type of settlement involves collaboration in which revenue is shared with service providers.

For wholesale Telecom, OOT, or Over The Top, is also important, which means managing signalling and partners delivering content via the Internet regardless of the network operator.

Wholesale telecommunications and improved partner management functions

Wholesale Telecoms billing platform helps you efficiently manage relationships with customers, suppliers and business partners.

Many processes in this system are automatic, especially those related to billing for Telecommunications connections. This solution greatly facilitates the work of the entire company, and also reduces the number of manual operations, which speeds up the operation of the entire system and the execution of subsequent operations.

In turn, operators can easily monitor the use of resources by the client, conduct billing, generate invoices and monitor billing and payments for services.

The automation process enables very fast response to changes, adjustment of services to market conditions and legal regulations.

A well-designed billing system also has the function of conducting analyses and providing data to the operator on the effectiveness of its services, cooperation with various partners, and customer behavior. Such information is extremely valuable because it makes it easier to adjust the company’s offer to the needs of customers, increase the quality of its services and gain loyal customers.