By Tiffany BrownTiffany Brown Featured in MEF Podcast, Executives at the Edge, discusses Blockchain and how to unchain the blocks to accurate billing and ordering. Unfortunately, that’s not the way ordering has ever worked in telecom. As a result, a staggering 70%+ of...
By: Scott Johnson and Tiffany Brown Organizations today have major inefficiencies in their telecom networks. Understanding what is on the network and how it should be charged is very complex, and as a result, organizations are paying millions of dollars more...
By Tiffany Brown Tiffany Brown Featured in MEF Podcast, Executives at the Edge, discusses Blockchain and how to unchain the blocks to accurate billing and ordering. Unfortunately, that’s not the way ordering has ever worked in telecom. As a result, a staggering 70%+ of telecom invoices contain errors! For
By Scott Johnson and Tiffany Brown As inflation reaches new heights, the organizational imperative to reduce costs is growing. With an eye towards the future, forward-thinking executives will go beyond cost-cutting initiatives to rethinking spend. One area ripe for such a strategic approach is telecom. You may already be
The telecommunication industry has faced numerous challenges, such as antiquated back-office systems, time-intensive disputes, accrual mishaps, and revenue blockage. However, there is a solution that can address these issues and help carriers move from a reactive mode to a proactive one: incorporating the functional layers of blockchain architecture. Observations
By April Taylor The telecommunications industry has long been burdened by outdated back-office systems, making it challenging to automate cost reconciliation and financial assurance processes. The outdated systems have led to overlooked claims, time-consuming disputes, accrual mishaps, and revenue blockages. The reactive approach of layering fixes onto existing processes
The early results are in: blockchain is a game-changer for the telecom industry. Early adopters are already realizing positive impacts to their bottom line by leveraging blockchain solutions to streamline operations amongst disparate teams, processes, and systems. Blockchain solutions have the ability to simplify, complex and antiquated business operations, to
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- MEF Q1 Member’s Meeting Los Angeles January 2023
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Telecom carriers have operated with antiquated backoffice systems for too long while struggling to automate cost reconciliation and financial assurance. The result is overlooked claims, time-intensive disputes, accrual mishaps, and revenue blockage. The reactive patchwork method of approaching change by layering swivel-chair fixes to processes and systems creates new
Blockchain is an electronic system for managing distributed databases or ledgers, which are then shared across participant approved network nodes. In the telecommunication service provider space the underpinning implications are vast. Today, Blockchain participants can exchange order requests, have said orders managed by governing and immutable Smart Contracts and