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The evolution of the telephone has been a rapid and profound technological roller coaster, sweeping the globe in a short time and. WHY TELECOM INTERCONNECT INVOICING IS AN ESSENTIAL PART OF TELECOM BILLING SOFTWARE? When one hears the word bill, the brain automatically starts imagining a paper bill sent to the customer. However, in the modern telecom industry, billing is not confined to this mental imagery. The scope of TELECOM OSS SOLUTIONS and billing is vast. It is found in different tangible and intangible forms. What you get from your telecom vendor every month is just one of the many forms of bills that are circulated in the telecom industry. A lesser known billing system that plays a vital role in the overall operations of the telecom industry is known To understand telecom interconnect invoicing, we first need to comprehend the process of interconnect. Interconnect is a method devised for handling calls for other service providers. Interconnect is essential for enabling the connection between the customers of two it plays an important role in disseminating telecom services. In scenarios where the operators are not ‘interconnect partners’, it would not be possible to connect a customer of one service provider with the customer of another. There are many scenarios in which interconnect can be used for imparting telecom services. Below is a list of certain scenarios: 1.      Two service providers interconnect, so that subscribers of one service can call a subscriber of another service. 2.      When a customer using traditional wire line connection calls another mobile subscriber, he makes use of an interconnection point established between the two different service providers. It would not be possible to make a call like this without establishment 3.      Long-distance service providers can interconnect with local service providers and start offering services to a new customer The process of interconnect takes place in the background and the user is not able to observe its complexity. However, interconnect is