Many telcos who haven’t cracked the code of rapidly developing telecom technology often wonder where they are going wrong. The cost of expensive billing and charging platform deters them from employing cutting-edge functionalities and they remain stuck with obsolete solutions. As a result, the progress is always hampered and they lose out to the competitors. They don’t even know the possibilities of Convergent Charging and what it can offer, which is a shame because it can make a huge difference.
Telecom billing has a very important role to play in driving the success of modern-day telecom operators. Due to Covid-19, businesses are experiencing stagnation. So, if you want to stay competitive and increase your customer base, it is the right time to improve your service model. With a convergent charging platform, it is easier to digitalize services and monetize assets. Especially if you can find a proven platform that is secure, flexible and completely scalable.
A convergent charging system makes billing and charging extremely simple. With its automated real-time charging, it takes care of day-to-day charging and billing tasks. Below are some reasons why it allows telcos to grow faster than they can ever imagine:
• Brings in unmatched revenue assurance for those who are still stuck with legacy platforms. It allows for greater trust and transparency.
• Quickens the pace of monetization
• Frees you from the burden of constantly monitoring the billing system
• Ideal for next-gen technologies like IoT and 5G
• Convergent invoices allow customers to view the charges of every subscribed service in a single bill
Source :
https://no1friend.com/read-blog/10929
https://7smabu.com/read-blog/9046