Is your interconnect business underperforming?
31 May 2017 | Guest
Not to worry! Axino’s solutions and powerful analytics help carriers optimise outdated systems and processes to reinvent their wholesale businesses and bilateral relationships
Sponsored contentIf you think you can ‘get by’ using your existing systems without a plan in place to meet the demands of digitization, think again. Razor thin margins and inefficient business practices won’t go away by looking the other way or stirring the pot. The scrapheap is full of unsuccessful business plans that have tried to squeeze blood out of a turnip. But carriers are discovering that systems optimisation is not as daunting or as costly as first thought and that digitisation is allowing them to morph into new business models that allow them to do far more with far less and monetise the data flowing through their networks.
Legacy systems and old-school business practices cost carriers billions every year. The temptation to ‘operate mean and lean’ has proven just the opposite. One-dimensional computing processes and manual practices are time consuming, expensive and error-prone, and have pushed productivity costs to unsustainable levels. On top of that, the same processes have caused revenue to stagnate because legacy systems have not kept up with the technology needed to identify traffic origins, eliminate network fraud or accurately monitor contractual obligations, financial performance and other essential business data.
“Carriers that have taken steps to optimise systems and interconnect processes are seeing dramatic results,” says Hendrik Rollinger, Head of Wholesale Solutions of Axino. Axino’s B2BSimpleX solution is a case in point. The solution can slash the time it takes to conduct, negotiate and implement a bilateral agreement to days instead of weeks or months. The solution employs automated work management processes and GBET-approved econtracts to eliminate time-consuming manual processes to facilitate implementation. SimpleX enables carriers to monitor contract performance and commitments in real time and contains easy-to-use software modules and workflows that can be used to modify contracts, inform partners about price and destination changes, verify dial code lists and volumes, and exchange side letters.
Systems optimisation one step at a time
Automation also affords carriers greater flexibility. Axino’s Intercarrier Support System (ips), for example, is comprised of 14 modules that enable carriers to optimise systems processes one step at a time. “With modules that cover everything from A-number support and on-demand CDR archive and analysis to advanced financial tools for real time reconciliation and billing,” says Mr. Rollinger, “the solution allows carriers to fill operational gaps as needed and, most importantly, when they most benefit the business.”
The innovation protects carrier revenue by instantly validating whether bills and declarations match up to price lists and rated traffic. The solution eliminates the time and expense of manual processes and enables users to generate outgoing invoices with a simple click and track payment information via visual displays. Additional modules optimise mediation and reconciliation practices by providing real-time views of termination rate agreements.
Axino solutions also provide carriers with powerful data analysis tools. The company’s FAST solution enhances billing capabilities by identifying fraudulent and suspicious network traffic before it makes its way downstream. The company’s Smart Data Analysis TrafMiner tool allows carriers to penetrate deeper into xDRs than ever before (down to single records) to quantify and chart network usage, identify areas of the network that are underutilised and display queries on dashboards for fast visual review any time day or night.
“Automation and innovative software solutions are revolutionising the way carriers operate and manage wholesale operations”, says Mr. Rollinger. “With the ability to conduct business in real time with more efficient processes, carriers are better positioned than ever to grow margins and profitability and quickly respond to market events and competitive challenges that lie ahead.”
For more information, contact Lisa Perez at firstname.lastname@example.org
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