New Cape Prepaid Assurance Product

Collecting cash and reconciling balances is often an area that revenue assurance departments opt to leave outside their scope. When considered with a postpaid mentality, cash collection is not particularly a specialist area; all businesses need people who chase debtors and keep a track of balances. Prepaid changes the dynamic somewhat. The cash is paid first, and the balance updated using a highly automated process where there is limited opportunity to correct mistakes later on. So it is no surprise that this is one area ripe for inclusion within the remit of revenue assurance. Read here for the press release from Cape for their new prepaid assurance product. They may be deploying the solution with just one European telco at the moment, but the demand for this kind of product should be strong.

Eric Priezkalns
Eric Priezkalns
Eric is the Editor of Commsrisk. Look here for more about the history of Commsrisk and the role played by Eric.

Eric is also the Chief Executive of the Risk & Assurance Group (RAG), a global association of professionals working in risk management and business assurance for communications providers.

Previously Eric was Director of Risk Management for Qatar Telecom and he has worked with Cable & Wireless, T‑Mobile, Sky, Worldcom and other telcos. He was lead author of Revenue Assurance: Expert Opinions for Communications Providers, published by CRC Press. He is a qualified chartered accountant, with degrees in information systems, and in mathematics and philosophy.