What is billing cycle in telecom?
A bill cycle is a date on which Billing Engine runs and produces bills for a set of customers. If there are many customers, then they are divided into different billing cycles. For example, a group of customers can have billing data as 1st of every month; another can have the billing date on 15th of every month.
What is Bscs telecom?
LHS main product is BSCS (Business Support & Control System), an end-to-end rating, billing, interconnect and customer care system for telecommunication operators which is used widely till this day on a global level due to the large market share that it acquired during the early 2000s (more than 100 telecom operators) …
What are the different components of billing system architecture in telecom?
CRM (Customer Relationship Management)/OMOF (Order Management and Order Fulfilment) system contacts with the billing system and billing system contacts with provisioning system to provision the services and network inventory system as well to assign phone numbers or IP addresses, etc.
What is provisioning in telecom billing?
In telecommunication, provisioning involves the process of preparing and equipping a network to allow it to provide new services to its users. Give users access to data repositories or grant authorization to systems, network applications and databases based on a unique user identity.
What is Geneva billing system?
Geneva provides a complete billing system for all types of Telecoms service operators and also has potential application for the media and utilities industries. It rates events, creates periodic invoices for customer bills and can be flexibly configured.
What is provision and Deprovision?
User provisioning and deprovisioning involves the process of creating, updating and deleting user accounts in multiple applications and systems. This access management practice can sometimes include associated information, such as user entitlements, group memberships and even the groups themselves.
What is a billing software?
What is a billing software? A billing software can be any software designed to handle time and billing tracking as well as invoicing customers for services and products. It can track the hours worked by employees as well as expenses associated with projects or clients.
What is a cycle billing?
Cycle billing is a style of account management that enables companies to bill customers on different days of the month, rather than all on the same day. The practice allows the company to prepare and distribute statements on different days, versus having a glut of invoices that must be sent at the same time.
What is retail billing?
Retail billing deals with the end customer and billing an individual customer, whereas wholesale billing deals with billing to the following entities depending on situation and nature of business − Billing resellers associated with a telecom operator.
What is Kenan billing?
The Comverse Kenan FX financial framework delivers flexible customer care, ordering, and billing to leading Enterprises, service providers and e-businesses worldwide. The Kenan FX suite of products helps businesses grow by enabling any combination of voice, video, messaging, content and IP services.
What is the billing system architecture in Telecom?
Telecom Billing – System Architecture. CRM (Customer Relationship Management)/OMOF (Order Management and Order Fulfilment) system contacts with the billing system and billing system contacts with provisioning system to provision the services and network inventory system as well to assign phone numbers or IP addresses, etc.
What do you need to know about Telecom billing?
Telecom Billing Tutorial. Telecom Billing is a process of collecting usage, aggregating it, applying required charges and finally generating invoices for the customers. Telecom Billing process also includes receiving and recording payments from the customers.
What are the functions of a billing system?
Auditing & Security − A billing system should perform data audits and integrity checks. A secure system is always desirable for an operator. Apart from the above functionalities, a good billing system should be − Accelerating time-to-market for new service launches. Enabling convergent view of customers and products.
Which is the billing software for Internet service providers?
Hydra is a billing software for internet service providers, telephone service companies, and television and satellite communication providers. It offers various billing features including recurring payments, discount coupons, reporting and analytics.