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Revenue Assurance: Prepaid Market
Prepaid service s have overtaken post-paid in many regions and account for a significant share of revenues in the market place. As simple as it may seem, pre-paid platforms evolved to be sophisticated and their functionality includes complex real time rating scaled to support millions of subscribers. The direct effect on operators is an increased potential of revenue leakage.
While the challenge involves coping with real-time throughput,there is no opportunity for invoice pre-print approval. Any leakage therefore presents either lost opportunity, uncollected income, or at worst case – real unaccounted for cash payments to third parties.
Potential rating and balance related revenue leakage issues require (among others):
- Recharging accuracy
- Budget ending
- Budget expiration and total expiration in accordance withlast recharge
- date and type
- Accuracy of budget transfers between SIM cards
Our solution delivers the advantage of a pro-active tool, with particular abilities to treat prepaid unique attributes such as:
- Top-up behaviour and balance verification
- Multiple revenue streams verification – including third parties accounting such as content providers
- Support of hybrid prepaid-post-paid pricing plans
- Support for a wide range of complex prepaid schemes and pricing plans
- Support of billing and rating verification in a convergent billing environment
Our rating and balance verification for prepaid is based on utilizing
an EDR (event detail record) usage based software solution that enables financial exposure assessment and correction.
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