Revenue Assurance consist of a series of activities that are applied to ensure that the business processes, the organizational structure, controls and the information systems related to revenue cycle (consumption capture, pricing, billing and collections) work together effectively to protect revenues and maximize the working margins.
WeDo Technologies RAID 7.0 - Revenue Assurance software is the industry leading tool for telecom companies that want to implement automated capabilities to proactively identify, recover and mitigate revenue leakage through the entire revenue cycle.
RAID 7.0 extends the product built-in business logic and adds new fast deployment packages that address specific telecom revenue assurance challenges. These packages have been in line with the industry standards and best practice making it even more flexible to support and integrate with new services and technologies and faster to deploy.
RAID 7.0 provides a modular approach to rapid deployment for telecom specific challenges, such as:
- Customer and service provisioning assurance
- Service and usage assurance
- Collections assurance
- Partner settlement assurance
- Incentives assurance
With RAID 7.0 modular approach for the telecom industry, projects can be up and running with the predictability of implementation time, cost, and the outcomes that meets the agreed delivery times. Moreover RAID 7.0 provides the flexibility to integrate with emerging technology as your company grows.
eDo Technologies’ RAID:FMS 7.0 provides real-time fraud protection by identifying suspicious or fraudulent activity. RAID:FMS 7.0 offers unsurpassed visibility, automation, flexibility, and scalability to protect today’s rapidly changing telecom environments against increasingly sophisticated fraud threats.
RAID:FMS 7.0 new fast deployment solution combines software, best practices, and services to accelerate the implementation process, providing telecom operators with a fixed-scope and fixed-price offering based on pre-built scenarios and detection techniques.
The new pre-built scenarios and detection techniques offered by RAID:FMS 7.0 allow investigators to intelligently focus on the most urgent and actionable fraud alerts to prevent and reduce losses from high exposure activities. These activities include the following:
- Subscription Fraud
- International Revenue Share Fraud
- PBX Hacking
- SIM Cloning
- Premium Rate Services Fraud
- Interconnect Bypass / SIM box
- Dealers Fraud
- Mobile Money (Mobile Wallets, M-Banking, Financial transaction)
RAID:FMS 7.0 operates within WeDo Technologies’ RAID software suite, the first comprehensive Business Assurance solution for the unique needs of the telecom industry. RAID is built upon WeDo’s best-in-class telecom risk and compliance behavior detection technics for revenue assurance, fraud detection, billing validation, traffic analytics and governance, risk, and compliance (GRC).
Rating & Validation
WeDo Technologies’ RAID:RBV 7.0 - Rating validation and Billing software module, helps operators solve the problems that occur during the rating and invoice generation process. RAID automates the validation of billing cycles rated xDRs for the operator’s different billing systems (Interconnect, Customer, Roaming and Wholesale Billing, etc.) to guarantee accuracy of service charges.
RAID:RBV 7.0 ensures that bills are fully validated for total expenditure, as well as for all components of the full invoice. This is achieved by performing independent external audits and verifications procedures to the operators’ rating and billing mechanisms.
Within the RAID Business Assurance software, rating and billing validation follows a modular approach so that organizations can choose the features best suited to their needs.
RAID Rating and Billing Validation provides the following integrated features in one single software module:
Rating Validation feature recalculates the value xDRs that have been rated by an existing billing/ rating system (e.g. Postpaid Billing System, Intelligent Network node) based on a user-defined rate plan. Rating Validation feature then reports any discrepancies between the original value of the xDR and the recalculated value.
The Billing Validation feature verifies each billable item before the invoice goes to print by comparing the customer’s historical behavior and statistical data toany additional sources and the invoice itself, at both an aggregated and a detailed level. This level of validation ensures higher accuracy through more consistent analysis of invoices.
Founded in 1989, SIGOS is the worldwide leader in automated end-to-end active testing and Fraud Detection of telecommunication networks and services.
Our scalable and entirely customizable solutions enable network operators, over-the-top (OTT) content and solution providers, carriers and regulators to fully understand Quality of Service and Quality of Experience from an end-user perspective.
We have over 440 customers in the telecommunications industry, including most of the top 100 operators, which benefit from our comprehensive range of active testing, tracing and reporting solutions across all technologies (2G, 3G and LTE).
The company headquarters is in Nuremberg, Germany, where our products are developed. With the acquisition of Meucci Solutions NV in 2014 SIGOS added the market leading Fraud Solutions to its portfolio. Our international expert staff of more than 250 employees speak over 30 languages and are passionate about communications. The network of SIGOS authorized partner companies and representatives in over 50 locations across the globe completes our worldwide presence.
SIGOS Integrated Test Environment the worldwide leading automated QoS & QoE end-to-end testing solution.
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Worldwide Testing Platform for 2G, 3G, LTE and CDMA accessing over 780 mobile networks in more than 200 countries.
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The Industry’s most efficient, most advanced and largest solution, to secure your revenue and protect your network against fraud.
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SIGOS active solution identifies issues before the customers complain and helps you decrease revenue losses.
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Different levels of fully Managed Service packages encompassing SITE system hosting, maintenance, administration and operations.
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