April 8, 2020
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Payment for services rendered has always been a quixotic journey for small to midsize businesses (SMBs). You would think the companies that deliver IT services to SMBs would have figured out how to automate the payment process long ago, but in reality, integrating the QuickBooks financial software that small companies rely on with the professional services management software that IT services use to manage projects and track billing is a significant challenge.
TM Forum, a global trade association that focuses on the digital economy, has just announced the launch of the TM Forum API Zone, featuring a suite of REST-based APIs designed to provide management functionality for end-to-end digital services. These new digital services management APIs were tested and integrated into a variety of apps at the 2013 TM Forum Digital Disruption Conference.
As more organizations begin to think about data as a business asset versus a burden then needs to carried, many of them are become more cognizant of that fact that data only has real value when it’s shared. After all, nobody is going to spend money on data they can’t access. The trouble is everybody seems a little conflicted about how to best go about doing that.