CAPE Technologies, the leading innovator and provider of Revenue, Cost and Margin Assurance solutions for the Telecommunications industry, has launched the latest addition to its RevenueOfficeâ„¢ suite of Revenue Assurance product modules: RevenueOfficeâ„¢ Prepaid Balance Validation.
Prepaid Balance Validation, built on the RevenueOfficeâ„¢ User Framework, enables CAPEâ€™s customers to assure the accuracy of balance calculation for all prepaid subscribers in the network, validating that all balance affecting transactions (usage records, top-ups, adjustments) have been correctly applied to each subscriberâ€™s balance.
RevenueOfficeâ„¢ Prepaid Balance Validation will be key to helping CAPEâ€™s customers introduce additional objective and concrete controls into the prepaid management process; a process that has traditionally been viewed as a â€œblack boxâ€ to Revenue Assurance when attempting to monitor the real-time billing of prepaid usage and processing of top-ups. Prepaid Balance Validation not only verifies the accuracy of balances, but monitors and reports on anomalies in the IN (Intelligent Network) such as negative balances, duplicate or invalid balance-affecting records, and very small or very large top-ups and adjustments such as promotional credits.
CAPE is in the process of deploying the Prepaid Balance Validation module for a key RevenueOfficeâ„¢ customer in Western Europe, helping to address a lack of visibility into the integrity and accuracy of their IN, as well as providing much-needed Sarbanes-Oxley controls for auditing of the prepaid traffic stream.
Philip Sharpe, President and CEO of CAPE, commented: â€œAt CAPE we have a long history in assuring the prepaid provisioning process, profiling prepaid call traffic and performing cross-reconciliation of prepaid usage data between switching elements and the Intelligent Network. Prepaid Balance Validation now provides an additional control for Revenue Assurance departments to ensure complete coverage of the prepaid management process. This is another example of the extensibility of the RevenueOffice platform upon which we are adding a number of new product modules in the current year, with rapid ROI for our customers as the ultimate goal.â€
RevenueOfficeâ„¢ is the market leading Revenue Assurance solution from CAPE Technologies. RevenueOfficeâ„¢ enables real-time monitoring & optimization of the revenue and cost streams in a telecom network, ensuring accurate subscriber billing, integrity of network data and compliance with regulatory frameworks. Through the RevenueOfficeâ„¢ Web Portal, the Business User can gain an in-depth understanding of revenue, cost & margin performance, presented via Reports, Alarms, Key Performance Indicators (KPIs) and configurable Dashboards. RevenueOfficeâ„¢ is deployed in a diverse range of leading telecom networks globally, delivering an ongoing and excellent return on investment.
About CAPE Technologies
CAPE Technologies is a leading innovator and provider of Software Solutions and Advisory Services for the global telecommunications and content industries. CAPE’s domain expertise is focused on managing the Revenue Chain in telecom networks, with its leading Revenue Assurance solution RevenueOfficeâ„¢, Roaming solution RoamBrokerÂ®, and Advisory Services CAPE Adviseâ„¢. CAPE’s solutions are deployed in over 50 operator networks around the globe, generating revenues, enhancing profits and improving operational efficiencies for leading mobile and fixed network operators. With headquarters in Dublin, Ireland, CAPE also has offices in Miami, Sydney, London and Poland. For further information, visit www.capetechnologies.com.