Challenges created from the evolution of global telecommunications deregulation, technological change, and shrinking margins have caused telecommunications carriers to seek new ways to more effectively optimize their wholesale businesses with real-time business decision support tools enabling more efficient management of carrier-to-carrier relationships. This requires dealing with the improvement of processes within carrier operations as well as with the analysis tools needed to detect and remedy areas of potential revenue leakage or cost inefficiency. An effective interconnect business management framework should enable interconnect carriers to manage all carrier relations processes from beginning to end, including the ability to:
- Proactively manage volume commitments
- Quickly detect and correct negative margin relationships
- Dynamically and proactively optimize traffic routing
- Identify arbitrage opportunities
- Capitalize on structuring and managing inter-carrier agreements
- Audit all vendor invoices
- Monitor and enforce quality of service parameters with vendors
- Assure revenue streams through innovative, differentiated services
- Successfully optimize their interconnect business
Verscom Solutions, as a complementary to its core switching and interconnect platform offerings, provides service providers with modular, web-based interconnect business management solutions providing end-to-end process support for the supply chain of trading and exchanging voice traffic between telecom operators. By using our solutions, our customers are able to reduce cost, improve profitability and achieve real-time control of their wholesale and bilateral voice business.
Verscom solution line consists of several integrated modules that are possible to run also on a stand-alone basis, which means that our solutions are very flexible and extendable systems that can grow and adapt to the individual carrier’s current and future business needs. To support different business models and different ways of carrying out various business processes, Verscom solution line features strong flexibility and user-configurable options while still ensuring efficient release management, which can help operators obtain improved business performance through:
- Operational excellence with reduced administration cost and minimized errors and revenue leakage
- Reduced lead-times and cost of delivery
- Product portfolio management with differentiated product offering to increase revenues
- Optimized and streamlined end-to-end routing process including automated network implementation
- Near-to-real time control and transparency of business performance and transactions across the entire network
- Reduced disputes and improved billing efficiencies
- Automated integration to other systems removing multiple data entry and data discrepancy
