Revenue Assurance and Cost Management 2011


May 10, 2011
SKU: ARNA6542945
License type:
Synopsis

The proceedings from VIB Pharma's 2011 Revenue Assurance and Cost Management Conference

Summary

VIBpharma delivered cutting edge conference content for revenue assurance and anti-fraud professionals in the telecoms industry. Now you can secure the latest information in this space without venturing outside your office.

Our packages include audio and presentation materials from the keynote speeches, industry-leading case studies and insightful Q&A sessions; ensuring you and your colleagues remain at the forefront of this rapidly developing industry.

Scope
  • Identifying new areas of responsibility for fraud and revenue assurance and the degree of involvement which can be expected
  • Learning lessons from industry experience in change management to efficiently adapt to system or product updates without drilling holes in the revenue assurance process
  • Appreciating evolution of the revenue assurance function
  • where the industry has been, where it is now and where it is heading
  • Sharing best practices in fraud; to what extent is fraudulent activity increasing? How much of an impact is this activity having on revenue? What is the industry doing to prevent this?
  • Investigating global regulatory infrastructure as a problematic and uncontrollable area of fraud detection and prevention
  • Gaining regulatory and industry perspective on the Metering and Billing Directive
  • how it impacts the industry
  • Utilising and investing in technology effectively to streamline processes and assessing the impact this has on personnel


Identifying new areas of responsibility for fraud and revenue assurance and the degree of involvement which can be expected


Keynote Presentation: Uncovering innovative strategies to improve levels of customer retention and therefore prevent customer loyalty-related revenue loss


Identifying patterns in customer credit generation to determine processes/offers which are problematic to revenue
Developing a strategy which focuses on minimizing customer credits without enveloping credit management
Outlining metrics related to customer behavior and satisfaction which enable teams to measure performance against customer expectation
Assessing the potential of continually-managed customer contracts based on usage as a method of maintaining customer loyalty
Using attentive customer care and monitoring as a method of predicting future trends in product emergence and development and being ahead of the game


David Murphy, Revenue Assurance Manager, Eircom


Looking into cost management as a revenue assurance responsibility during times of inevitable revenue reduction
Debating the responsibility for cost assurance and whether it falls under the revenue assurance umbrella
Identifying dealer commission as an area of cost which can be more smoothly maintained and outlining associated risks
Establishing approaches to a smart analysis of dealer commission
Ensuring buy-in from the organisation when handling dealer commission as a method of cost control
Case studies examples of issues Vodafone have faced with Dealer Commissions and methods of approaching this from a revenue assurance standpoint


Andre Burkhardt, Customer Relations, Contracts and Controls, Vodafone


Predicting how the future 4G environment will change the way telecom operators manage risk


Understanding the technology evolution from 2G to NGN(3G, 4G)
Reflecting on the evolution of telecoms risk management over last 20 years
Identifying key drivers for increased risk in NGN(3G, 4G) environment
Establishing how the role of Revenue Assurance & Fraud Managers will change with the changing environment
Appreciating the multitude of new internal and external data sources
Forecasting operator requirements or 4G RA & Fraud solutions in the future
Defining the future 4G Risk Management domain


Parag Padhye, Head of RA/FM business line at Nokia Siemens Networks


Learning lessons from industry experience in change management to efficiently adapt to system or product updates without drilling holes in the revenue assurance process.


Exploring Next Generation Revenue Management for Telco 2.0


Outlining how to transform RA and Fraud functions from reactive leakage identification to holistic revenue management
Investigating methods to evolve RA and Fraud into systems that can measure and monitor customer experience across all touch points
Making the transition from monitoring KPIs (known knowns) to identifying new forms of leakage and fraud unknown unknowns)
Dealing with new business models around content, connectivity and cloud services


Anandan Jayaraman, Chief Product and Strategy Officer, Connectiva Systems


Investigating new OSS systems for next generation networks


Identifying tools available to apply to identify and control traffic over IP networks and ensure flexibility over the network to handle high levels of traffic
Meeting customer demand in terms of bandwidth and speed of connection to prevent revenue leakage due to poor quality service
Outlining potential threats to network security and defining strategies to combat these threats
Generating controls which incorporate network management, security and fraud over the network


Luis Sousa Cardoso, FIINA President, Portugal Telecom Senior Consultant


Assuring your Business for the Future; considerations for a revenue assurance team through a change in scope of responsibility


Mapping the telecoms competitive landscape to appreciate your position amongst your competitors
Investigating evolving OSS/ BSS architectures and the impact of these changes on revenue assurance
Anticipating the move from Revenue to Business Assurance
Assessing and combating the benefits and challenges of Business Assurance


Andy Harper, Vice President, WeDo Technologies


Panel Session: Investigating international data roaming and the complexities in terms of recording and controls over data usage


Developing stringent controls which cover areas of risk associated with data usage
Deciding how to calculate an amount to charge the customer and pay the interconnect operator to ensure margin assurance
Establishing how revenue assurance ensure all data events are being picked up
Will complexity and time prevent data from being recorded on an event-by-event basis and how will this impact revenue leakage?
Forecasting the potential of packaged data services to move from the UK retail market to International roaming platforms and assessing whether this will be an advantage to revenue assurance
Establishing the route necessary to create international data roaming packages and the intelligence of the network necessary to achieve it
Predicting the likelihood and timelines for voice becoming secondary to data
Estimating the potential effects on operator revenue from fraudulent activity over data services


Panel session members include: Jana Lackova, Revenue Assurance Manager, T-Mobile Netherlands
TBC, Revenue Assurance Manager, Everything Everywhere


Addressing the shifting responsibilities of Revenue Assurance - from assurance to insight


Moving away from traditional revenue assurance processes to meet the changing needs of the business
Demonstrating the value of the revenue assurance team, going further than standard delivery
Adapting to next generation technology and trends within the telecommunications industry
Exploring new areas of influence such as customer profitability, product profitability and network efficiency as potential areas for revenue assurance support
Assessing the evolution of Revenue Assurance and the impact on its relationship across the business


Tim Banks, Risk Assurance, PwC


Revenue Assurance Reporting: finding the right Key Performance Indicators to evaluate the risks of revenue leakages; experiences from the German business of Deutsche Telekom


Exploring incidents and problems as the basis of selecting the relevant billing and reporting method
Identifying how incidents can act as a platform to track the progress of processing and allow us to understand the underlying inconsistencies
Outlining revenue assurance risk categories for the financial evaluation of both perceived and prevented risks
Looking at assignment groups as responsible parts of the incident repair workflow
Investigating evaluation and reporting databases as online tools for the revenue assurance reporting
Setting targets for the managers of all participating areas in the company


Andreas Scherf, Revenue Assurance Billing and Reporting, Deutsche Telekom


STREAM 1


Appreciating evolution of the revenue assurance function; where the industry has been, where it is now and where it is heading


Clarifying to what extent revenue leakage has been minimised throughout the end-to-end process in an effort to benchmark against current best practice; and considering margin assurance as a new responsibility


Reflecting on the evolution of revenue assurance in terms of where it all started and how far the industry has come
Investigating different areas of revenue leakage and determining which part of the process is currently causing the biggest problems
Sharing best practice and defining where we are now in terms of dealing with revenue assurance challenges throughout the process:
Fulfillment
Rating
Mediation
Billing
Putting together a full-proof revenue assurance strategy to ensure there are no potential leakage gaps in the end-to-end process
Predicting the shift from revenue accountability to margin assurance
A case study example of effective tools used for margin assurance and how these tools have detected unpredicted problem areas


Nigel Smith, Head of Revenue Assurance and Fraud, Colt Telecom


Highlighting areas where customer care can have direct and indirect effects on revenue assurance


Establishing a link between churn and revenue assurance
Determining to what extent the finance and control-orientated revenue assurance function can effectively consider customer care
Assessing whether the industry is too focused on the ‘next big product’ and has forgotten about customer need
Can customer credits truly compensate for inconvenience; determining the true impact of poor customer retention on revenue
Outlining areas of direct revenue leakage which can also indirectly affect customer satisfaction to determine overall potential impact on revenue assurance
Billing errors; over or under-charging
Activation errors
Lead time for upgrades/ changes to service plans
Determining cost impact of reduced numbers of call complaints and amendments associated with high customer Satisfaction


Victor Milligan, Chief Marketing and Strategy Officer, Martin Dawes Analytics


Panel Session: Justifying continued investment into the revenue assurance function to determine whether operational and functional maturity have hindered the impact on revenue


Looking at patterns in operational maturity to understand regional variation and rate of improvement over time
Maturity models; do high levels of maturity impact the value of the revenue assurance team?
Determining whether in future revenue assurance activity will correlate with the boom or bust market fluctuations and how this could affect team structure
Assessing the potential of revenue assurance as an outsourced managed service where activity would reflect need and costs could be reduced
Determining the extent at which revenue assurance is taking on the role of other departments and whether this is necessary to enforce value or whether it should act as a safety net


Panel session members include: John Bangs, Head of Product Assurance, B Sky B Carlos Celaya, International Fraud & Revenue Assurance manager, Orange Edwin Hanke, Revenue Assurance Controls Consultant, BT


Establishing the true remit of the revenue assurance function to maintain control of factors affecting revenue without duplicating work


Determining to what extent revenue assurance should be a holistic function rather than a purist function
Assessing whether the scope of responsibilities should be extended to cover all potential areas of revenue leakage throughout the revenue chain
Considering other departments and the role of RA in each function:
Finance
Data Warehousing
Credit Management
Billing
Ensuring revenue assurance is preventative as opposed to a rescue mission through involvement during new product development
Encouraging the pessimism of revenue assurance to work alongside the optimism of product development to ensure true control over revenue


Mischa Hendriks, Revenue Assurance and Fraud Manager, Bbned


STREAM 2


Sharing best practices in fraud; to what extent is fraudulent activity increasing? How much of an impact is this activity having on revenue? What is the industry doing to prevent this?


Using standard fixed and VOIP technologies to tackle PBXhacking and practical approaches to mitigate both fixed and mobile PRS-fraud


Determining the methods and processes used by fraudsters to commit PBX-hacking and PRS-fraud
Uncovering reasons for why these types of fraud are more prevalent in different markets
Investigating the impact of these fraudulent activities on different areas of telecom operator services including:
Routing (LCR/margin analysis)
Security
Audit
Finance
Revenue Assurance
Outlining current operator best practices to combat the root cause of these types of fraud in order to determine the optimum strategy for detection and prevention


Dmitry Goncharov, Head of Fraud Prevention Group, Vimpelcom


Balancing security with the need to be commercially astute to find the focus of a fraud prevention team


Analyzing current methods to determine whether fraud teams operate commercially or as a security measure
Creating a fraud prevention strategy which strives to eliminate profit for the ‘profit-making fraudster
Designing prevention models that process-map fraudulent activity and aim rather than looking at usage models
Taking a closer look at the team; is a commercial or criminal justice background more appropriate?
Recognising the speed at which fraudulent activity adapts, to assess our capabilities for long-term prevention
Using a formula to assess your susceptibility to fraud and optimise fraud loss prevention strategies


Andreas Manolis, Head of Fraud & Revenue Assurance, Everything Everywhere


Panel Session: Determining whether the industry could save money spent on detection technology by taking direct and immediate preventative action


Evaluating whether investment into fraud detection tools offers a return on investment
Sharing opinions on the ‘profit-making fraudster’ model compared with the ‘detection model’ in terms of revenue
Determining whether instant preventative measures by the operator could result in eventual exposure of the fraudster due to repeated attempts on numerous systems
Assessing whether self-exposure of fraudsters could limit the need for investment in detection tools
Concluding whether fraud is currently looked at from a commercial or security standpoint and how the industry should approach this in future


Panel session members include:
Andreas Manolis, Head of Fraud & Revenue Assurance, Everything Everywhere
Nigel Smith, Head of Revenue Assurance and Fraud, Colt Telecom


Business Assurance: Cloud Operations


Understanding business assurance for the cloud age - what? who? and how?
Appreciating how providers can establish, monitor, and demonstrate ongoing control
Investigating real-time executive and operational dashboards for both providers and consumers
Assurance over consumption, charging and SLAs
Establishing six business assurance steps to operational success


Jonathan Miller, Principal: Business Assurance, Cartesian/ TMNG Global


Investigating global regulatory infrastructure as a problematic and uncontrollable area of fraud detection and prevention


Establishing information sharing protocols at a national level to promote better handling of fraudulent activity and minimize the impact of varying differences in regional jurisdiction


Recognizing the wide variation in regulatory infrastructure and jurisdiction for telecommunications and fraud across different regions
Determining the scale of revenue lost to fraudulent activity terminating in regions with poor regulatory control
Understanding current regulatory and governmental strategies to prevent fraudulent activity from succeeding in specific regions
Appreciating the actions which can and have been taken against areas of high fraud incidence in attempts to recover revenue
Investigating ways in which to reach beyond national boundaries and share information within the industry on a global scale


Jack Wraith MBE, CEO, The Telecommunications United Kingdom Fraud Forum (TUFF)


Bill Shock; a disease that can infect your most valuable assets- your customers and your brand


Listening to the customer voice - Trust, Honesty and Security, the significant role of RA/FM in customer advocacy and brand protection - the cure for Bill Shock.
Does size really matter? Using a Private Equity Investment lens to transform and optimize the size of the RA/FM function into a key business and risk management practice. Insights to increased ROI and margins, balancing tactical and strategic priorities, Cost reduction, gain-share incentives, and increased efficiencies through partnering and outsourcing/co-sourcing of the RA function.


Ervin Jocson, UK Director - Forensics, Risk & Compliance, (RA/ FM Practice), KPMG
Co presenter Romal Shetty, India Executive Director Global RA practice and CoE, KPMG


Gaining regulatory and industry perspective on the Metering and Billing Directive and how it impacts the industry


Keynote presentation: Outlining the regulator standpoint for the Metering and Billing Direction; what is expected, why it is in place and what the consequences are of not meeting expectation


Introducing the Ofcom Metering and Billing Direction (as an implementing measure for national bodies implementing the EU commission directive* as part of the Communications Act 2003) to establish how lessons can be learned across Europe
Outlining the rationale behind the metering and billing direction and the reason for its enforcement
Detailing company responsibility in adhering to the directive; what is expected by the regulator?
Case study examples of companies who have not been approved by Ofcom and details of how penalties are awarded
Evaluating the impact on the direction in terms of billing accuracy and therefore customer satisfaction


Mike Inman, Certification Technical Group Manager, BSI (Ofcom-appointed approval body)


* EU commission directive 2002/21/ED of 7 March 2002 on a common regulatory framework for electronic communications networks and services


Understanding the potential impact of metering and billing legislation to the pan-European telecommunications industry, and developing processes which lead to metering and billing
Accuracy


Striving for an industry drive to accept responsibility for accurate metering and billing
Appreciating how adherence to the direction is beneficial in terms of customer expectation, loyalty and therefore revenue assurance
Developing controls to ensure that switches and mediation are within strict pre-defined tolerances
Determining revenue assurance responsibility in this process and establishing operational teams which consider revenue assurance and compliance
Generating effective revenue assurance strategies which consider the end-to-end process which will naturally incorporate metering and billing efficiency


John Bangs, Head of Product Assurance, B Sky B


Migrating RA & Fraud Operations to the Cloud and delivering Cloud-based services


Investigating Technology and Platform offerings
Evaluating current RA & Fraud delivery models
Uncovering challenges in providing and using exiting RA / Fraud solutions
Establishing a Cloud computing frame work
Weighing up advantages and challenges
Introducing Teleonto’s Approach to RA / Fraud on cloud
Differentiating between available solutions


Sanjay Sharma, CEO, Teleonto Technologies


Utilizing and investing in technology effectively to streamline processes and assessing the impact this has on personnel


Generating a business case for automation of systems and appropriate choice of tools to support operational teams


Reflecting on the evolution of tools used to support revenue assurance and fraud teams and to what extent technology can support these functions
Appreciating the changing scope of revenue assurance and fraud from a support to operational function and the impact of this
Using metrics to generate justification for investment into tools for automation
Outlining appropriate controls in order to establish your requirements in terms of tools and technologies
Balancing the need to improve efficiency with the need to be cost efficient when investing in support tools
Ensuring investments offer the flexibility needed to be able to adapt to evolving strategies and systems


Stefan Buliga, Revenue Assurance Manager, Romtelecom


Panel Discussion: Assessing the implications of automated revenue assurance and fraud prevention tools on strategic personnel decisions
Considering team structure and drawing comparisons between the size of a team and degree of automation
Determining whether accuracy of automated systems in both revenue assurance and fraud prevention is more of a technical rather than commercial responsibility
Debating whether a high degree of automation exposes vulnerability to technical faults
Balancing the degree of automation with the need for manual monitoring as a ‘double-check’ for revenue leakage
Predicting whether further investment into automation will minimise the need for revenue assurance and fraud prevention personnel


Panel session members include:
Laurent Derivaz, Revenue Assurance Manager, Swisscom David Murphy, Revenue Assurance Manager, Eircom Stefan Buliga, Revenue Assurance Manager, Romtelecom Jana Lackova, Revenue Assurance Manager, T-Mobile Netherlands


Forecasting future product development and the associated impact on fraud prevention and revenue assurance


Anticipating the shift towards real-time billing and how time constraints on monitoring will affect revenue assurance capabilities


Investigating methods of implementing rating and billing systems for real-time billing
Anticipating the need for a network with high level of sophistication in order to record and report real-time traffic
Addressing risks involved in terms of control and monitoring of such rapidly-available data
Weighing up whether benefit outweighs risk


Marc Knaapen, Revenue Assurance Auditor, Vodafone


Cloud Computing; is this anticipated nightmare for fraud prevention and revenue assurance going to become a reality?


Anticipating the emergence of cloud computing and identifying the risk areas such as data loss and security
Judging to what extent the revenue assurance team will need to change commercial models to handle cloud computing
Establishing responsibility in terms of ownership of revenue in the cloud
Determining how each operator share will be measured and audited to assure revenue


Edwin Hanke, Revenue Assurance Controls Consultant, BT



More 3G & 4G reports by Arena International

Revenue Assurance and Cost Management by Arena International
Synopsis The proceedings from VIB Pharma's 2010 Revenue Assurance and Cost Management conference Summary VIBpharma delivered cutting edge conference content for revenue assurance and anti-fraud professionals in the ...
See all reports like this >>