Revenue assurance aims to identify a business’s revenue leakages due to business process, systems and data misalignment and other issues. It helps uncover the underlying causes of revenue leakages and estimate the revenue losses.
This service will deliver the following:
(1) Identification of revenue leakage points in business processes and systems based on analysis of data extracted from within the chain of revenue generation, identification, capture, analysis and other relevant systems.
(2) Description of actual and possible causes of revenue leakages and losses at these points.
(3) Effectivity analysis of existing revenue assurance KPIs and controls.
(4) Recommendations for updated revenue assurance KPIs and controls.
The following additional services can also be delivered:
(1) Design and roadmap of a digital solution to detect and analyze revenue leakages in business processes and systems.
(2) Revenue assurance product selection (or, cost estimation and development plan for bespoke development).
(3) Management support for system integration and managed services.