Repeatable: At this level that some processes are repeatable, possibly with consistent results. This observation has some merit but does not explain the increasing popularity of revenue assurance in telcos serving growth markets. The change in the value is relative to a dimension is question. At this stage there is no formalized Revenue Assurance strategy in place. Investigation leads to discovery which is the observation of new actions, or new events and providing new reasoning to explain the knowledge gathered. The best known estimates of "typical" revenue leakage come from a series of annual surveys conducted by the Analysys consultancy and research business. The objective is to ensure that policies of the organization are well implemented and that no or minimal revenue leakage is occurring. Finally it is the people, their skills and knowledge that make a complete RA solution. Prevention is the process of performing an activity in order to avoid a high risk situation. This should include full KPIs definition – calculation, dimensions, thresholds, calculation frequency. Supposing the objective is to ensure trunk groups correctly entered in the MSCs. Revenue Assurance Detection is the process of spotting a change in value of a dimension relative to its movement from System A to System B or within a given systems itself. What can be said with some confidence is that revenue assurance practitioners are able to provide a vast number of consistent anecdotes relating to the causes of leakage and means to resolve them. This is typically the result of a missing data set in a particular given table or system file. Assurance credit consommation handicape. Assuming a provider with a typical organizational split, responsibilities for revenue assurance primarily sit between the Finance and Technology directorates, however, revenue assurance initiatives are often started in a business unit or marketing group. There is high-level agreement between practitioners about the goals and methods of revenue assurance, though reaching a consensus on defining the boundaries of revenue assurance has proved elusive so far. One would think these would be easy for the tech-savvy telco companies. This form of revenue assurance is most commonly promoted by consultancies. This is due to several factors including Profit: Increasing cost pressures and decreasing margins. Typically some information, configuration, amount or quantity needs to be added, edited or removed from a system, process or procedure in order to correct the anomaly.
The solution must provide an integrated environment to perform data integrity checks It should be configurable using a user friendly GUI. However the Revenue Assurance processes can be pegged against a generic five stage maturity model. Another example could be subscriber checks with sanction lists watch lists for involvement in/association with fraud, money laundering & related illegal activities. “=”, ””, including wildcards It should provide drill down capabilities from the list of records resultant from a search into specific record details. An organization should be careful when automating revenue assurance as it may end up with an expensive and inflexible solution which no one can manage effectively. At the other end of the spectrum, revenue assurance is treated as a form of reactive automated data interrogation, seeking to find anomalies in transaction data that may indicate errors and potential revenue loss. Process Capability is established from this level.
FORTNITE : Une Pioche et un Planeur GRATUITS, pour les personnes ayant sauver le monde !. They all need to find alternative means to squeeze higher margins by effectively tracking their revenue. Preventive activities lead to effective risk management around Revenue Assurance. The RA processes have the capability to cover all departments and service lines in a telecommunications organization. Pre Process checks are necessary for complex processes like rating and billing which involve multiple sub processes and consume a lot of time for each run. It may also reflect a reduction in bias or exaggeration in reported leakages, or at least the exclusion of guesswork. management of wholesale contracts has often been the first objective because of the complexity of the domestic market resulting from the Federal Communications Commission's regulatory framework. Assessing and minimizing revenue loss risk. This leads to many Revenue Assurance teams with inexperienced people on operational departments. All major revenue streams are covered by now. It should be to define rules using a naturalized user friendly language or a “drag and drop” GUI. Each RA audit can span into different departments, each with its own specialized technical requirements. Auditing: A revenue assurance audit is a set of activities carried out to ensure that the organization is taking necessary steps to remain compliant to the evolving changes of organizational policies, regulations and market conditions. Comparable revenue assurance activities do occur in other industries, such as with billing of utilities or with the licensing of software, and there are many parallels with financial and operational control activities undertaken by most large businesses. At this stage the RA processes are concerned with addressing statistical common causes of process variation and changing the process to improve process performance. The new service line may be required to be included within the pre-bill process. This essentially means technology corrections need to be performed either on the hardware side or on the tool / application side. Defined: At this level that there are sets of defined and documented standard Revenue Assurance processes established and subject to some degree of improvement over time. Another example could be to ensure all B number tables between the MSCs are same. Based on a discrepancy in one given area, It should be able connect relevant information from various sources. As yet, there is no professional body, no qualifications, and no academic research that would help to drive consensus about the purpose or methods of revenue assurance. The revenue assurance techniques applied in practice cover a broad spectrum, from analysis and implementation of business controls to automated data interrogation. As technologies evolve revenue assurance tools and coverage of the tools also need to evolve. The various processes which typically are monitored by a Revenue Assurance department include daily network usage, profile and configuration changes, mediation, rating, billing, settlement, roaming, collections and dunning related processes. The five stages are listed below and are described in terms of a Revenue Assurance Strategy, People, Process and technological advances. It also in part contradicts the assumption of a compelling costs versus benefits argument for revenue assurance, which would be enhanced in businesses undergoing rapid change. Some take a more encompassing view of what counts as a mistake, which may extend as far as questioning the policy set by executives even when this has been executed correctly. By focusing on correction of root causes, revenue assurance problem recurrence can be prevented. It should enable each block or section to be linked on a functional level e.g. It should be able to associate monetary values with discrepancies identified based on predefined business rules It should support the creation of a hierarchy of rules, when the results of a rule can become a source for further rules definition. This creates a need to have very proficient and rigorous extraction, transformation and loading tool for a Revenue Assurance application. This is where the Revenue Assurance functions starts to take some shape in defined procedures and outputs. There is a specific year on year budget for the department. In part this is addressed by individuals working in the sector through membership and qualification in related fields such as accountancy and information systems audit. the system should be able to alert on the situations when the threshold per a specific attribute is violated. Teams run adhoc queries on various systems. The most common metaphor is that of leaking water from a pipe, where water stands in place of revenues or cash flows, and the leaks represent waste. There is a formalized strategy and long term road map for people, process and technology for the revenue assurance department. A revenue leakage is typically attributed to when a telco organization is unable to bill correctly for a given service or to receive the correct payment. Every Revenue Assurance audit has a list of specific objectives which may come from management, regulations or industry standards. There are various vendors in the market which address either the complete suite of Revenue Assurance requirements or specialize in the specific domains. This section describes the basic features of a generic Revenue Assurance tool. An investigation would try to identify and correct the root causes of events, as opposed to simply addressing their symptoms. at the network side, the rating side, the billing side, the interconnect side, the CRM side, etc. Post Process Checks - Post process checks are required to verify the reliability on the outputs of a given process. There is no formal maturity model for Revenue Assurance which is universally accepted. However, the returns are unpredictable as well as being hard to measure, which encourages many executives to take a sceptical view of its worth. There is clear sense of what revenue chain coverage does, what the Revenue Assurance department cover and road maps are in place for the future. Technology Innovation: Ensuring new technologies and products are performing as per perceived plans. Revenue assurance is usually understood as a means to identify and remedy, and perhaps also to prevent, problems that result in financial under performance without seeking to generate additional sales. Sometimes technologies need to be balanced in the Network. Typical detection activities include monitoring, summarization, investigation and auditing. A cable supplier or internet service provider that predominantly offers retail customers flat monthly charges and no limits on usage may be most interested in assuring the profitability of network investments. Similarly all trunk groups between the whole sale departments are in sync with the trunk groups mentioned in the MSCs. There are many ways in which RA processes can be classified, however in view of an audit function; the RA processes can be categorized into Detective, Corrective and Preventive activities, controls or processes. Others take a more open-ended view of the data that is the subject matter. As the set of technologies and business processes grows bigger and more complex, the chance of failure increases in each of its connections. Detection in RA can be achieved by both manual and automated means. Keeping up with release of new technologies along with co-existing of legacy systems. Some of the most helpful and progressive initiatives in addressing the problem of consensus and scientific basis are listed below. This is an effective check in gaining insight into an individual process and to assess whether it has anything in their immediate background that may be a cause for concern. In contrast, telcos in developing countries may prioritize management of international interconnect arrangements because of the risks posed by fraud and arbitrage. One must keep in mind that software RA solutions can only help in pointing toward the error locations or problem areas. For example, a particular number series may be missing in the Switch and hence not getting connected or updating a missing tariff plan in rating engine leading to unrated CDRs etc. Respondents were given authoritative instructions on how to quantify leakage based on actual data and were instructed to avoid making suppositions in the absence of such data. Such rapid assessments help in identifying the problem areas or dimensions quickly and a further detailed investigation can be carried out for those dimensions identified. The thinking is that as markets reach saturation and growth potential falls off, so the value of maximizing returns from existing sales increases. An RA investigation is a series of processes or procedures carried out to identify the Root Cause of an anomaly. It encompasses substantial manual effort. An RA operator needs to be aware of both OSS & BSS processes and internal dependencies to accurately decipher the revenue code. People are still learning the skill set of revenue assurance. The survey used the most detailed and prescriptive definition of how to calculate leakage of any survey of its type. In a hurry to release new technologies in the market, the Revenue Assurance systems are always lagging behind. There are a variety of specialized RA products which have different characteristics including probing, RA add on modules on respective OSS / BSS elements. The tool should handle each “case” in the system from the point where the system detected it, and manage follow up through the correction and reclamation processes, until the case is resolved. In particular, management can identify ways to adjust and adapt the process to particular Revenue Streams without measurable losses of quality or deviations from specifications. There are undocumented repeat processes. Owing to this, most Revenue Assurance operations end up being only re-active rather than moving into a proactive foundation. The number of participating telcos was relatively small compared to some other surveys, but the survey technique was more demanding than any comparable survey to date. This may be because the survey used a very strict definition of leakage. Process Correction: Process correction refers to the modification of an activity by adding, modifying or removing an activity step which will prevent a miss-configuration or revenue leakage in the process. The relevance to Finance rests with the responsibility for financial control, audit and reporting, while the subject matter would be network and IS systems as implemented or operated by the Technology side of the business. "Revenue assurance" is used both to describe an activity performed within telecommunications service providers, and is a common name for a small business unit associated with that activity. It is also important to recognize that there is a long history of revenue assurance activities in some telcos that predates the coining of the term "revenue assurance". The goals relate to improving the financial performance by eliminating mistakes in the processing of transaction data. For example, a prepaid dashboard may show KPIs related to prepaid CDRs reconciliation, prepaid user profile reconciliation, balance reconciliations and voucher reconciliations carried out in real time or near real time. There is a formalized and approved Revenue Assurance charter and strategy in place. The value of revenue assurance is hence determined by the size of the leaks "plugged", and possibly also those leaks prevented before they occur, although estimating the value of the latter is very problematic. The actual tasks of the audit can differ based on the information, system or departmental processes being audited. The high profit days for most telcos are over. Other markets have different or more refined priorities. Telecommunications is an environment where there are many heterogeneous systems creating a multitude of data. Pre Process Checks - Any checks performed on the input parameters of a process to ensure that the right data is fed into the process. People Correction: People correction is required when skills of the resources are in question. Revenue Assurance in a telco environment covers a wide range of technical and business aspects. In such cases summarization will help in quickly examining and finding out the preliminary problems areas. The critical part is the analytical capabilities of the tool. Furthermore, marketing and business units are pivotal in providing input into the "should be" state of customer bills and products. In Revenue Assurance activities, the process of correction of a root cause could involve correction of information, processes, technology or people. For example, the pre-bill verification process may be required to be modified when a new service line or product is introduced into the market. Marc besson credit lyonnais. However, the truth has been just the opposite. Although Revenue Assurance has always been present in the telecom parlance it has recently been brought at the forefront of the top management. For example, performing a sample based credit check for postpaid customers prior to generation of a bill. Optimizing: At this level that the focus is on continually improving process performance through both incremental and innovative technological changes/improvements. However, there is significant disagreement about the ultimate aims and legitimate scope of revenue assurance teams. There is some debate about the relative merits of the different techniques that can be employed in revenue assurance. The detective control would be to monitor Trunk Groups appearing in CDRs are harmonized with the master list and any deviations are reported.
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