Connexn Technologies, the world leader in technology-based Cost and Revenue Assurance, today announced it has been chosen by Eurotel Praha, the largest provider of wireless voice and data services in the Czech Republic, to identify and quantify possible revenue leakage and cost inefficiencies within Eurotel’s usage revenue streams including its pre-paid, post-paid, roaming and interconnect services.
Connexn’s unique blend of domain experts, a proven methodology and the industry’s leading CRA software platform, Certo, will enable Eurotel to verify the completeness and accuracy of its billing processes from usage detail creation to bill generation.
Certo helps communications service providers (CSPs) quickly deploy and effectively manage multiple CRA applications from a single, easy-to-use interface. Certo automates every aspect of the CRA process, from project configuration and initiation to the complete resolution cycle of detection, case management and correction of data discrepancies.
“As our revenue assurance initiatives are maturing from point programs to enterprise-wide systems, we looked for a partner with proven experience and strong technology-based solutions that can scale to meet our current and future CRA needs,” said
Ms. Marcela Malivankova, chief financial officer for Eurotel Praha, spol. s r.o.
“Connexn offers a fully integrated technology platform, coupled with proven methodologies, that will allow Eurotel to build a comprehensive CRA program to manage the entire revenue lifecycle.”
Named for the Latin term for “to be certain,” Certo blends the core features of Connexn’s field-proven CRA software solutions with an intuitive, user-friendly management console, an industry standard process engine and an integrated performance dashboard. The platform offers an easily configurable environment to streamline and automate CRA program execution and discrepancy resolution using online, interactive data navigation, display and reporting capabilities. Certo is ideal for any wireline, wireless and broadband operator that is looking to build and manage a comprehensive, enterprise-wide CRA initiative from a single, unified computing platform.
“The wireless market is highly competitive, with slim margins and a growing level of network and service complexity that increases the likelihood of corrupt data flowing through the support systems infrastructure,” said Woody Ritchey, president and CEO of Connexn Technologies. “By helping to ensure the integrity of the usage revenue stream, our Certo-based solutions enable service providers, such as Eurotel, to improve their financial performance and the efficiency of their entire operation.”
Connexn Technologies has distinguished itself in the CRA market by tackling cost and revenue leakage at its source by restoring data integrity within the CSP enterprise. Connexn’s holistic Detect, Correct, EnsureTM approach to CRA leverages automation to identify, prioritize and rectify errors in operational and usage data that result in revenue loss and excess costs, and prevent the introduction of future data errors.