How an Online Charging System Can Help You Save Costs
A telecom
billing system may serve you well, but it may not be able to meet every new
requirement. Let’s say, you don’t have a pre-existing partnership with a
shipping vendor but you need one to ship your IoT SIMs. In this case, you may
choose to customize the software but it is a costly investment. A better way to
deal with such situations is to partner with a telecom services provider that
can issue an API that immediately lets you partner with a shipping vendor and
also lets you manage the partnership and all the related transactions. As APIs
help address particular requirements without taking drastic steps like buying a
new software solution, they are far more economically viable in such scenarios.
Convergent billing
Customers of
today seek complete transparency in billing. This can only be done if you
employ cloud-based solutions that come with a centralized charging system like
an OCS. An OCS charges all the services – both event-based and session-based – at
the same place. This allows the charges of all the services to be printed on a
single invoice, which customers of today actually want.
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