In a hurry to release new technologies and business processes in the market? The risk for communications operators is changing rapidly and Revenue Assurance systems are always lagging behind. Any business line needs to be more defensive against those “smart technicians” that become more motivated to find a way to cause revenue loss, so combining the information of both Fraud and Revenue Assurance processes can give you a complete picture of telecom’s risk profile.Download Brochure
In a hurry to release new technologies and business processes in the market? The risk for communications operators is changing rapidly and Revenue Assurance systems are always lagging behind. Any business line needs to be more defensive against those “smart technicians” that become more motivated to find a way to cause revenue loss, so combining the information of both Fraud and Revenue Assurance processes can give you a complete picture of telecom’s risk profile.
With the deployment of FROPS telecom Revenue Assurance solution, you can achieve the highest level of efficient fraud scheme detection and revenue leakage detection. Consequently, more rapid and effective reaction time. Our innovative solutions are moving the boundaries of standards in analytics and allow real time information processing. With flexible management of indicators, the client can adjust indicators based on their current needs and market trends, and ensure maximum accuracy of the key indicators of performance.
Aggregating all of the data and by indexing structured and unstructured data in internal or external databases, we will create a single point of access to all the available information within the Telecom Company and all the outside available sources, which enables data matching and data mining for suspicious patterns. FROPS telecom revenue assurance solution, provides in-depth analysis enabling effective and transparent operations in Telecom companies.
In addition to using internal information to best effect FROPS’ exploits predictive analytics and behavioural information from sources such as the integrated FROPS-OSINT (Open Source Intelligence) which incorporates data from social networking sites (e.g. Twitter, Facebook, etc., blogs, Web, forums) industry and government data bases.
Statistical processing of findings for the purposes of Predictive Analysis and Machine Learning, in a way that the self-learning options are highly flexible and can be well managed by the user. Machine learning capabilities combined with Artificial Intelligence enables efficient and early detection of fraudulent practices and an overview and control over the Telecom Company abnormalities and deviations. Once those findings are processed and analysed, FROPS telecom Revenue Assurance solution saves this information and uses it in the next searching.
Along with indexing structured and unstructured data, Key Fraud Indicators (KFI’s), Key Performance Indicators (KPI’s) and whistle blower lines allows Telecom Companies to perform consistent checks on potential fraudulent behaviour and revenue leakage, or loss of revenue within the interest area/segment. The high flexibility of indicators enables Telecom companies to identify inconsistencies that can lead to potential revenue leakage and prevent it before it happens.
To ensure the best return on investment (ROI), on a telecom revenue assurance solution it is crucial to solve the problems with optimal cost. The FROPS solution is one the first that guarantees ROI in 12 months after implementation. Being confident in that statement, based on market proven experience, we agree with the client on a contractual level, if the ROI does not come in 12 months, we are willing to return the invested resources back to the client.
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