Subex To Help Service Providers Enhance Margins

Subex, a provider of Operations and Business Support Systems (OSS/BSS), has launched a new Cost Assurance Solution, an offering from its Revenue Maximisation set of solutions (RMS). This solution is targeted at all communication service providers and aims to help them protect and enhance margins by effective cost assurance measures.

The solution primarily helps service providers to focus on efficient management of costs, an area ignored by many until now, in order to achieve higher profitability. The key feature of the Cost Assurance Solution is its ability to utilise network resources efficiently to reduce network costs - these include leased circuit costs, access costs as well as interconnection costs. This will also help service providers to adopt lean operating principles by automating invoice verification processes, quickly resolving disputes and expediting internal and external audit compliance.

By using this solution, service providers will be able to recover excess payouts that could result from over payment to partners, overpricing by suppliers, while also identifying the difference between expected and actual amounts on invoices.

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Anuradha, senior vice president of Engineering at Subex said, “We are very pleased to introduce this solution on the RMS side of the business. This solution will go a long way in helping service providers to quickly meet increasing market demands and deliver new services. Our constant endeavour at Subex is to help service providers gain that competitive advantage to quickly roll out services, while mitigating costs, through the concept of Operational Assurance. "

Cost Assurance is a key component of Subex’s ROC (Revenue Operations Centre) concept. The solution, a blend of assurance and settlement practices, will help all communication service providers to adopt Operational Assurance, gaining better understanding and control over how operations support critical business goals.