It’s becoming a bit tumultuous in the group previously known as the Global Billing Association. After naming themselves the Billing and Customer Experience Initiative after teaming up with the TM Forum, they have now changed their name into the Revenue Management Initiative.
Although their actions (and probably their vast personal and professional network) define their right of existence, I’m not sure about their new name. I can understand the move to drop the name GBA, although it still is a very strong brand name in my perception, billing on itself is probably setting the scope to narrow. Also the integration within the TM Forum calls for a different name. And while the Billing and Customer Experience Initiative doesn’t really sound that catchy it does align with my perception of the challenges and opportunities in charging and billing.
The bill is traditionally an important part in the communication towards the customer. Yet we still only send a bill once a month and then leave it at that, while one can easily image that service usage and perceived service value can be increased by more direct feedback in relation to the service and the billing relationship. As an example: lack of transparency in the tariff function can unnecessarily be a prohibitive factor in using a service, especially if the service is complex or consumed abroad. But also customer usually will be quite happy to see when he or she can consume or just has consumed a service with a discount or even for free, this is completely different effect then when you see the aggregated discount at the bill at the end of the month!
So for me, charging, billing and settlement is about more then just the monetisation of a service, the usage to cash process. And the term revenue is an operator focused term, and focussing on the operator instead of the customer is not going to keep us in the game when competing with the internet domain…
Al together I hope they (or we actually, due the participation through my employer) can increase the quality of the billing stack in the Enhanced Telecom Operations Map!