Revenue Assurance (Risk management, Fraud management)

Revenue assurance and cost management are vital for Telecom companies to launch next generation services. Telecom operators loose a minimum of 2 to 5 percent of their annual revenue due to incomplete or inaccurate data collection. Most service providers are unable to track and aggregate transactions. They are unable to capture full value from the services – losing major amount of revenue every month.

Revenue Assurance solution involves monitoring every stage of revenue generation and implementing a strong methodology - covering all phases from initial risk assessment through implementation of an effective control frame work.

Time Xone fully Automated Revenue Assurance solution detects revenue leakage, avoid significant losses and capture inaccurate call data. Action is then taken to correct errors and to recover lost revenues. A Well designed Revenue Assurance system also guarantee correct invoices.

Features:

• Charging and balance management

• Auditing features

• Verification of bills based on actual traffic

• Network intrusion detection

Benefits:

• Increase in revenue due to decrease in revenue leakage

• Noticeable decrease in operating expense.

• Accurate financial reporting and forecasting.

• Reduction in billing errors and delays.

• Increase in operational efficiency