Product Profile of Revenue And Cost Management System

Subex Limited supplies Revenue and Cost Management System. Subex Limited offers a variety of Operations Support Systems. The Revenue and Cost Management System or Lucreta Cost Management System helps service providers effectively monitor and manage the cost of services. The system collects and analyzes information from multiple sources, such as switch, inventory, billing, partner invoices, and financial systems. Any discrepancies identified are automatically reconciled and the root cause of the error is identified. Revenue and Cost Management System also has the ability to automatically initiate payment related disputes based on predefined business rules, and track them to closure. The payment and accrual capability of the system allows the customer to get a detailed view of the sources of hidden costs, trends and risks through a customizable account interface.

Benefits of Revenue and Cost Management System are:

• Assure interconnection and access costs by reconciling with actual usage

• Save excess pay-outs and recovers overcharged amounts from partners

• Automate the invoice verification process

• Quickly resolve disputes with partners and other service providers

• Optimize leased circuit costs and discover unused circuits and stranded assets

• Identify the business impact of costs; profile partners; and identify trends and risks

• Improve external and internal audit compliance