![]() Rating & billing − It involves rating the products or services usage and producing monthly bills. Here is a list of most important features but not limited to the following − Billing systems are also part of accounts payable (for inter-carrier settlements), as customers often use services from other companies such as wireless roaming, long distance, and call completion through other networks.īilling systems are high end, reliable, and expensive softwares, which provide various functionalities. There are state-of-the-art Billing Systems available in the software market that can handle billing tasks very efficiently and provide lots of flexibilities to service providers to offer their services with different price structures.īilling systems are often viewed as accounts receivable, as the billing system assists in the collection (receipt) of money from customers. There could be very complex charging scenarios, which would be difficult to handle manually. Telecom Billing process also includes receiving and recording payments from the customers. Telecom Billing is a process of collecting usage, aggregating it, applying required usage and rental charges, and finally generating invoices for the customers. For example, you would be charged for all the calls you made or data downloaded using your phone.Īpart from monthly rental and usage charges, operators may charge you for service initiation, installation, service suspension or termination as well. Usage Charges − These are the charges taken from the customers based on the service utilization. For example, your telephone monthly charges would be $5.00 regardless you use it or not. Rental Charges − These are the charges taken from the customers on monthly basis against the service provided. Telecom operators are charging their customers in various ways, but there are two mainly used parameters to charge a customer − IP based services, i.e., voice over IP or VPN.Let us also list down a few basic telecom services being provided by various well known telecom operators − Now, let us list down a few international telecom operators, who are providing satisfactory telecom services to their customers − The medium of transmission includes Wire (Copper), Fiber Optics, Ether (wireless), Radio towers, Microwave, Satellite, etc. Examples include Phone, Radio, Television and Internet. Sending voice, data, picture, fax, etc., from one point to another using electronic media is termed as telecommunication and in short ' telecom'. ![]()
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