- Singl.eView Financial Assurance enhances profitability and cash flow through the analysis and management of revenue leakage at source and in the current billing cycle
15 February 2005, London: Intec, a leading BSS/ OSS software vendor for mobile, fixed and next-generation networks, has unveiled a Financial Assurance module for its Singl.eView billing system at the 2005 3GSM World Congress in Cannes.
Singl.eView Financial Assurance is the first module to be announced as part of Intec’s ongoing investment in developing the Singl.eView billing family. This rolling programme will, over the next 12 months, provide amongst other developments: scalability, improved operational performance reporting, and enhanced localisation capabilities.
Financial Assurance is designed to enhance the cash flow and income of mobile service providers and mobile virtual network operators (MVNOs) through the analysis and management of revenue leakage in their systems caused by problems such as corrupted event detail records (EDRs) and EDRs rated in error.
The Financial Assurance module enables mobile service providers and MVNOs to incorporate revenue assurance control objectives within rating and billing. Financial Assurance incorporates an integrated convergent billing reporting framework, a financial dashboard and an error management system. The reporting framework enables continuous monitoring of rating and billing data to detect and alert operators to areas of concern for consideration. The financial dashboard allows users to monitor and report on activities in near real-time. The error management system provides a user interface to investigate, prioritise, and correct EDR event errors at source and in the current billing cycle.
Intec’s CEO, Kevin Adams, said: “For service providers to maximise their revenues they must minimise errors and lost billing opportunities. Closely monitoring the millions of transactions a day to identify potential problems is vital in reducing revenue leakage. Intec can now offer billing and software products that incorporate revenue assurance control objectives within the end-to-end billing solution. Alongside the new Singl.eView Financial Assurance module, Intec’s Inter-mediatE mediation solution also helps identify and eliminate lost, incorrect or incomplete records fed into the billing system.”
Singl.eView is an award-winning product that extends the traditional billing model to support rating and billing for any type of billing event, regardless of class of service, customer type, product or payment method. The Singl.eView product suite is comprised of several solution components including an open, rules-driven, rating engine, plus billing and invoicing capabilities for a broad range of customer types, from the most basic residential customer to large and complex corporate hierarchies. The solution is highly flexible, scalable and supports open access to application functionality through industry standard interface mechanisms.
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About Intec
Intec is a leading Business and Operations Support Systems (BSS/ OSS) product vendor for fixed, mobile and next-generation networks (e.g. WLAN, 3G and IP), with more than 670 installations of its products worldwide in 470 customers. Founded in 1997, Intec was listed on the London Stock Exchange in June 2000. Intec is a market leader in billing, mediation, mobile service charging and activation systems. For the year ended 30 September 2004, Intec reported revenues of £68.8 million, with adjusted net earnings after tax of £8.7 million.
Intec's product portfolio includes:
- Singl.eView™ - dynamic transaction management/retail billing
- Inter-mediatE™ - convergent mediation solution;
- InterconnecT™ - inter-carrier billing including US CABS and ITU-based settlement;
- Inter-activatE™ - flow-through provisioning and activation;
- InterconnecT CPM™ - end-to-end content partner management; and
- Intec DCP™ (Dynamic Charging Platform) – real-time pre/post-paid charging
Intec’s customer base includes, among others, BellSouth, BellSouth Peru, Cable & Wireless, Cesky Telecom (Czech Republic), China Unicom, COLT Telecommunications, Deutsche Telekom, EBT (Taiwan), Eircom (Ireland), France Telecom, Hutchison 3G, Maxis (Malaysia), Nitel (Nigeria), Reliance (India), SingTel Optus (Australia), O2 Ireland, Orange, Telecom Argentina, Telecom Egypt, Telecom Italia, Tiscali, TPSA (Poland), Swisscom, T-Mobile International, Telefonica, Telia (Sweden), Telkom South Africa, Telstra, US Cellular, Westel (Hungary), Vodafone, VimpelCom (Russia), Virgin Mobile, Vivo (Brasil), XO Communications, and Verizon.
For more information, visit the Intec website at www.intecbilling.com