Subex assists a Tier-I APAC telco to optimise its Revenue reporting process by identifying $ 2.5 million understated revenue
The tier 1 operator incurred huge losses; more than $ 2.5m revenue was understated as a liability due to incorrect configuration and usage of manual accounting procedures. They required an intelligent system to improve visibility, minimize leakage, and reduce inaccurate cash collections.
The operator partnered with Subex and leveraged its Business Assurance solution to get an integrated view into earned and unearned revenue, reporting validation, voucher management etc. This also helped them to achieve:
• Savings of 1.4% revenue, initially overstated as liability
• Lowered net understated liability due to incorrect mapping of product configurations
• Reduced payment data discrepancies by replacing standalone accounting methods with unified schedules
• Automated recording and tracking of invoice settlement to improve time efficiency
Read how Subex was able to help the client in the case study