An online billing software is probably the most valuable asset for a telecom operator. When we talk about an MVNO, the billing solution becomes even more crucial as it defines how fast the services will be delivered and how well they will be monetized.
Given the evolving scope of telecom billing and new technologies coming into the fold, an MVNO needs the best billing software to improve its day-to-day operations.The
Key Assets of Billing Software for Modern MVNOs
A
modern MVNO has to face numerous challenges because of its limited scope. It
cannot make radical changes in terms of pricing as it has limited finances. But
it can make a difference with its service offerings by being innovative at
every step. This can be achieved with a billing
software that:
1.
Allows for quick monetization so
that services can be launched as soon as they are conceptualized
2.
Allows for consolidated invoices
that reflect all charges
3.
Safeguards customer information
to prevent hack attempts
4.
Provides real-time charging
functionality to prevent revenue leakage and accurate billing
5.
Enforces credit limits in telecom
billing
6.
A phone billing
software that can monetize both prepaid and postpaid billing
7.
Accommodates upcoming telecom
technologies like 5G and IoT
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