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How to Start a New Revenue Assurance Business

For anyone wanting to set up their own revenue assurance business, there is some great advice in this article. The author hits the nail on the head that clarifying that it is not the software that makes telecoms revenue assurance special, but the specifics of the challenge and the purpose it is put to. That means a smart entrepreneur could take existing software and reposition it to provide a new solution based on their own knowledge and experience of real business problems. It also means there are opportunities to rebadge RA software, combine it with some imagination and research, and innovate new solutions to problems that currently go unsolved, or even for problems that people do not know they have. The real challenge is not technology, but having a compelling proposition that someone needs (and which is not already served by a dozen rival vendors...)

For anyone wanting to set up their own revenue assurance business, there is some great advice in this article. The author hits the nail on the head that clarifying that it is not the software that makes telecoms revenue assurance special, but the specifics of the challenge and the purpose it is put to. That means a smart entrepreneur could take existing software and reposition it to provide a new solution based on their own knowledge and experience of real business problems. It also means there are opportunities to rebadge RA software, combine it with some imagination and research, and innovate new solutions to problems that currently go unsolved, or even for problems that people do not know they have. The real challenge is not technology, but having a compelling proposition that someone needs (and which is not already served by a dozen rival vendors…)

Eric Priezkalns
Eric Priezkalnshttp://revenueprotect.com

During his career, Eric has been a Director of Risk Management for a national telco, the Chief Executive of the Risk & Assurance Group, a Chief Marketing Officer for a software business, a consultant, a public speaker and the publisher of Commsrisk since its launch in 2006. Look here for more about the history of Commsrisk and the role played by Eric.

The comms providers that Eric has worked for include Qatar Telecom, Cable & Wireless, T‑Mobile, Sky and Worldcom. In addition to his proficiency at speaking about the current scamdemic, Eric is also a qualified chartered accountant and a subject matter expert in consumer protection, enterprise risk management, fraud prevention, data integrity and billing accuracy. Eric was the lead author of Revenue Assurance: Expert Opinions for Communications Providers, published by CRC Press. He can be reached through the contact form on this website.

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