NEON SOFT, a leading telecom billing software, introduces groundbreaking features of deal management for swap deals. This innovative addition empowers wholesale telecom customers to monitor and analyse their margins, profit calculations, and overall deal performance.
What is deal management?
Deal management is a newly integrated feature in NEON SOFT designed to provide comprehensive oversight and control over bilateral agreements between telecom wholesale carriers. These agreements, commonly known as swap deals, involve the exchange of traffic volumes between carriers to optimise network usage and revenue. However, without proper monitoring, these deals can sometimes underperform, leading to missed opportunities and reduced profitability.
NEON SOFT’s deal management feature addresses this challenge by enabling wholesale carriers to:
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Monitor margins per deal
Gain real-time insights into the profit margins for each swap deal, ensuring that all agreements are financially beneficial.
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Profit calculations
Accurately calculate profits for every deal, taking into account the latest traffic and rate statistics.
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Performance tracking
Continuously monitor swap deals to ensure they are performing as expected. If a deal is not meeting performance benchmarks, the system will generate an alert, allowing carriers to take corrective action promptly.
How deal management enhances telecom operations
The introduction of deal management in NEON SOFT revolutionises the way wholesale carriers manage their business agreements. It works in the following ways:
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Data-driven insights
By leveraging real-time data on rates and traffic statistics for specific destinations, Deal Management provides an up-to-date overview of each deal’s performance.
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Dynamic monitoring
The system continuously tracks traffic and margin changes, automatically updating deal information to reflect the latest data. This ensures that carriers always have accurate and current insights into their swap deals.
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Alert system
NEON SOFT’s deal management feature includes an alert system that notifies carriers when a deal is underperforming. This proactive approach allows carriers to address issues before they escalate, maintaining optimal deal performance and maximising revenue.
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Mutually beneficial scenarios
Deal management facilitates the identification of mutually beneficial business scenarios with other wholesale carriers. By analysing traffic volumes and margins, carriers can negotiate and implement swap deals that enhance telecom traffic and boost profitability.
The benefits of NEON SOFT’s deal management
Implementing Deal Management in NEON SOFT offers several key benefits for wholesale telecom carriers:
1- Increased revenue
By ensuring that all swap deals are optimised for performance and profitability, carriers can significantly increase their revenue.
2- Enhanced transparency
With clear insights into profit margins and deal performance, carriers can make informed decisions and maintain transparency with their partners.
3- Proactive issue resolution
The alert system enables carriers to address underperforming deals proactively, preventing revenue loss and maintaining strong partnerships.
4- Strategic growth
By identifying and capitalising on mutually beneficial business opportunities, carriers can drive strategic growth and expand their market presence.
Summing up
In the competitive landscape of wholesale telecom, effective deal management is essential for sustaining profitability and fostering successful partnerships. NEON SOFT’s Deal Management feature provides the tools and insights needed to monitor, analyse, and optimise swap deals, ensuring that every agreement contributes to maximising revenue. Embrace the power of NEON SOFT’s Deal Management and take your telecom operations to the next level.
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