Investment in Revenue Assurance Eliminates Unbillable Revenue, says new TM Forum report
MORRISTOWN, NJ—November 18, 2009—TM Forum, the world’s premier industry group focused on business effectiveness for the communications and media sectors, announced today the results of its latest Business Benchmarking study which uncovers a direct link between Communications Service Providers (CSPs) levels of unbilled revenue and the maturity of their revenue assurance programs. The study results are included in TM Forum’s latest Insights Business Intelligence Report, “Revenue Assurance: The Hidden Opportunity”.
The report, which includes observations from recent TM Forum Business Benchmarks, finds that CSPs who target Revenue Assurance holistically differentiate themselves through high performance, efficient operations, and improved bottom-line contributions. Revenue Assurance success is best represented by the percentage of revenue that cannot be billed, a measure that reflects ability to identify revenue leakage as well as to recover leaked revenue. In the highest-performing CSPs included more