Telecom Billing Course And Certification

What is Telecom Billing?

Telecom Billing is defined as a process of collecting usage, summing it up, applying the required charges and finally producing invoices for the customers. The Telecom Billing process also involves receiving and recording payments from customers.

Sending voice, picture, data, fax, etc, from one location to the other with the aid of electronic media is referred to as telecommunication and in short form,  'Telecom'. Examples include Phones, Television. radio and the Internet. The medium of transmission involves copper wires, Ethernet(wireless), Fiber Optics, microwave, Radio towers, Satellite, etc.

There could be very difficult scenarios of charging, which might be very hard to handle manually. There are some state-of-the-art Billing Systems available in the software market that can efficiently handle billing tasks, and provide you with lots of flexibilities to help providers offer their services with different price structures.

Billing Systems are often viewed as accounts receivable, as the Billing System aids in the collection (receipt) of money from your customers. Billing Systems are also one of the major parts of accounts that are essential for inter-carrier settlements, as customers mostly use services from other companies such as wireless roaming, long-distance, and call completion through other networks.

Billing Systems are the pillar of any telecom operator. If a Telecom operator does not have a strong Billing System, then it might not be possible for them to serve out their products and services with very attractive promotions and deals and eventually they can not stand in today's aggressive and dynamic market.

This course would give you a complete understanding of Telecom Billing.

Features Of Telecom Billing Systems

Telecom Billing Has A lot of features and some of them are:

1. Rating and billing: This involves rating the products or the services usage and bringing out bills monthly.

2. Payment processing: This involves sending the customer's payments into the customer's personal account.

3. Credit control and collections:  This involves following up with the outstanding payments and taking necessary actions to collect the payments.

4. Disputes and adjustments: This involves recording the customer's disagreement against their bills and creating an adjustment to refund their disputed amount to settle the issues.

5. Pre-pay and post-pay services: This involves supporting both the pre-paid and the post-paid customer at the same time.

6. Multilingual and multiple currencies: Multilingual and multiple currencies support would be needed if the business area spans across the globe and have international customers from different geographical areas, or else if the government regulations demand it.

7. Inter-carrier settlements: This involves the sharing of revenue across the carriers that provide services to each separate's customers.

8. Products & Services: This involves providing a flexible and easy way to maintain and manage the various products and services and sell them individually or in packages.

9. Discount applications: This involves assigning various discount schemes to retain customers and attract new customers to the system.

Benefits of Telecom Billing

There are lots of benefits and advantages of using a Telecom billing Software and some of them are:

1. A Telecom Billing Software helps in Minimizing the numbers of errors that are related to billing.

2. With a Telecom Billing Software, you have an edge over competitors.

3. A telecom Billing Software enables you to Screen duplicate records.

4. Availability of itemized bill

5. Bill cycles     

6. E-billing process

7. Easy tariff changes                              

8. Easy Budgeting.

9. It Support for management decisions

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