Why every telecom company needs revenue assurance?

root — Mon, 10 Mar 2008 06:14:18 -0500

Revenue assurance is growing business and telecom company is primary object for this kind of service. But why, telco desperately need good Revenue Assurance management? Here is the reason:

1. Increasing number of revenue leakage

“…The annual study, conducted by Analysys and paid for by revenue assurance provider Subex Azure, found that average revenue leakage increased from 12.1% to 13.6% of turnover from the 2006 to 2007 surveys…”
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The sources of this problem are:
•    Poor processes and procedures
•    Poor systems integration
•    Applying new products and prices
•    Invoicing system errors
•    Rating or prepaid charging failure