Software - Telecom NovaTel Systems is a London based software house with excellent business expertise in the market of telecommunication, billing, and revenue management systems.
Money is an efficient and effective revenue management application that enables users to quickly and easily validate the revenue they are due.
Money rates each call that passes through the network, this being performed in near real time. By using tariff information held in the Planner application, Money can rate the calls, using the supplier and customer rates to provide real time margin analysis by route and/or by carrier. Money provides route and carrier margin analysis both at a summary and at a detail level.
Money can alert users of any change in a route’s or carrier’s financial performance. Users can then investigate by drilling through the data to quickly identify the issue and take appropriate actions. Money provides online access to the individual CDRs if required. Money can be left to run on the desktop monitoring the traffic allowing the user to concentrate on other tasks.
Money also identifies and logs all calls that cannot be rated in a suspense queue with a detailed fault code. Users can quickly rectify the problem and enable the call to be billed. Though regular use this can reduce the suspense call queue significantly so making sure that revenue is maximised.
The on-line interactive access to CDR’s that Money provides the user is very effective in quickly resolving any billing queries. This easily and simply avoids issues that may otherwise result in lengthy billing dispute resolutions. This can significantly improve cash flow, reducing the need for expensive funding to cover operational cash shortages.
Money can also help in identifying route margin maximisation opportunities by allowing users to easily identify carriers and routes that are yielding the highest margins so that full use can be made of these routes. Equally Money can help prevent negative margin situations occurring. Using real time monitoring and alerting, users are quickly notified when a route moves to negative margin, allowing them to make required changes and so quickly limiting exposure and minimising loss.
At the end of the billing period, Money quickly provided a view on billing, income and expenditure positions that the company has achieved during the period’s trading.
System Benefits
Margin maximisation: opportunities for higher margins are quickly and easily recognised
Reduces human error through smart management of rate tables and CDR's
Configurable margin alerts reduces the likelihood of negative margins
Ease of financial and operational reporting - future trends are quickly and easily recognised
Rapid discrepancy resolution with online access to CDR's
Significantly reduces the time required to resolve suspense records
Automated bill production in electronic or hard-copy format
Integrated financial and operational management
Product Features
Real time margin analysis by route
Real time margin analysis by carrier
Separate purchase rate tables for each supplying carrier
Separate sales rate table for each customer
Suspense record management
Alert systems for margin variance
Data mart for trend analysis and reporting
Online access to CDR's
Automated production of wholesale bill
To find out how Money can help your business, please do not hesitate to contact us and we will be happy to discuss your requirements in detail.