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Businesses often find that collecting money from customers who owe them money is a time-consuming and expensive endeavor. Nevertheless, if you are operating in the telecom industry, there is a   billing solution   you may want to consider:   CDR billing , or call detail record billing. The purpose of this article is to present a brief overview of   CDR billing   and explore why, in some cases, it can be more efficient than traditional means of collecting payments. What is CDR (Call Detail Record)? CDR  is probably unfamiliar to you if you're not in the telecom industry. The good news is, that it won't be long before the rest of the world is familiar with it.  CDR billing  is considered by many experts to be one of the greatest innovations ever to transpire in the  telecom industry .  A record of detail of a call traveling through a network between A and B is referred to as a call detail record (CDR). Assuming A is the origin and B is the destination, a call detail record contai

  Billing your customers, analyzing revenue, tracking expenditures, and automating reporting functions have become possible thanks to  telecom billing software .  But as technology grows more sophisticated, things are still more difficult. More and more new options and opportunities are on the horizon for  telecom billing  in the future.   Throughout this article, we're going to take a look at some of the most interesting ways  telecom billing  is evolving and how it will affect your business in the near future.   Telecom billing: innovations and trends   There's still a lot of opportunity for companies that can offer  software  that can handle disparate invoicing rules among different countries and carriers, even though telecom billing has a lot of complexity.    Here are a few trends in  telecom billing software  to watch out for.    More Telecom Providers Are Offering Self-Service Tools    Consumers are looking for options when managing their  telecom accounts . Customers ca