Any business owner needs to pay close attention to cash flow, and a successful VoIP business is no exception.
What do we mean by cash flow? Your VoIP business takes in revenue from your customers. If you offer services on a “postpaid” basis, you send invoices at the end of the month, or the following month for services you already provided to your customers. For example, your October invoice likely covers the month of September.
But your business also needs to pay a variety of suppliers, such as VoIP Termination carriers, DID providers, hosted Switching and Billing, plus other products and services.
For new start-ups or ITSPs based in certain countries, many VoIP carriers may only provide DIDs and Termination on a prepaid basis, where your business may need to pay in advance and recharge the prepaid balance over time. This is a normal business practice for some carriers, but it could mean that you need to pay for services your business consumed, even before your customers pay you. What about uncollectibles or fraud?
The amount of time between the revenue you take in minus the fees you pay your suppliers is your cash flow. If bills are due before you collect your revenue, your business needs back-up funding from your own pocket, from investors, or from lenders.
How can you improve cash flow for your VoIP business?
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Telinta provides world-class hosted Softswitch and Billing solutions as a service. We offer a scalable pay-as-you-go solution where we bill you on a postpaid basis. For example, we will bill you next month for the services we provided to you in the previous month.
Our convenient postpaid billing helps Telinta customers to better manage their cash flow. In many cases, your VoIP business has already received payment from your own customers before your Telinta invoice is due. This important feature helps make it easier to run your business, without financial stress. Easily offer Hosted PBX and other solutions for you business customers, SIP Trunks, UCaaS, VoIP calling from brandable Mobile, Desktop, and WebRTC softphones, and other popular IP telephony services.
Our real-time billing automatically sends your invoices to your customers, and enables you to set the date for when your invoices are sent. Automatically send invoices monthly, biweekly, or manually send them any time you need. Easily configure your billing and other business functions via Telinta’s Administrative Portal. Our drag-and-drop Invoice Design Tool enables you to design attractive invoices, with your own logo, fonts, and colors.
With Telinta, you can offer both prepaid and postpaid services to your users. You are in complete control of your prices, brand, and other important parts of your business.
Our TeliCore platform is integrated with dozens of industry-leading payment gateway providers around the world, enabling you to easily accept credit/debit cards and even PayPal.
Want to learn more? Contact us today.