Showing posts with label billing oss. Show all posts
Showing posts with label billing oss. Show all posts

Things You Never Realized Your MVNO Software Can Do for Your Business


As MVNOs number cross the 1000 mark, we are looking at a situation where competition between these virtual operators is growing at a faster rate than ever before. Due to a rise in competition, the profits are diminishing ever-so-fast and MVNOs are struggling to sustain themselves. Management and optimum utilization of resources has become a major challenge, which is why; the need for a competent MVNO software solution is growing fast.
Billing OSS BSS Software: The Difference Maker
A quality billing OSS BSS software solution can be the key difference maker between success and failure of an MVNO operation. Below are some key elements of the various integral parts of such software:
OSS/ BSS Features
Operation and Business Support System (BSS) needs to (at the least) have the following features to support any business endeavor:
1.      Efficient subscriber management system – A high number of satisfied subscribers is the key to achieve success in a telecom venture. To ensure subscriber happiness, it is essential to have a BSS system that comes with an admin & configuration panel that allows MVNOs to create innovate plans, define permissions, and achieve high control over the delivered services.
2.      Complete reporting and analytics – Modern-day telecom operations are highly dependent on insights generated by processing the data received via the network elements. A quality BSS platform like Telgoo5 allows businesses to capture insights and take business decisions that are effective in shaping an MVNO’s fortune. For example, it is possible to learn about which services customers are buying in abundance, and then subsequently raise their price for increasing the MVNO’s revenue.
3.      Inventory management – Inventory management is a vital part of any telecom operator’s daily operation. With a solid BSS platform, it is easier to visualize inventory, fulfill what is missing, reconcile when there is a dispute and perform better distribution of inventory units.
MVNO Billing Software Features
1.      Convergent billing – With millennials forming a major share of MVNO’s customer base, it is essential to maintain complete transparency in billing to evoke their interest. Telgoo5 employs a centralized real-time charging architecture in the form of OCS that charges all services at a single point. This allows for the creation of a single invoice with every charge of every service used mentioned in a systematic way.
2.      Security – As computing power and hacker knowhow rises, hack threats are at an all-time high. A billing platform that is not secured appropriately is vulnerable to illicit hack attacks that may compromise vital customer information. Hence, it is vital to use an MVNO billing software that is bolstered with robust encryption.
Apart from the abovementioned features, your telecom services software should come with APIs to accommodate for ad hoc needs. For example, if you require a vendor to distribute SIMs or a credit card payment gateway for taking payments from subscribers, APIs can help you fulfill these needs immediately.
Telgoo5 is one of the best MVNO/MVNE platforms that have all the latest features to support modern day virtual services providers’ requirements. The team at Telgoo5 leaves no stones unturned when it comes to fulfilling subscribers’ requirements and solves any client-related query in the smallest amount of time.
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MVNO AND MVNE SERVICES