cVidya has announced MoneyMap Express, what it calls a zero-risk revenue-assurance package for fast assessment and reclamation of revenue leakage.
First launched in Europe, MoneyMap Express is now being launched for North American telecommunications service providers. Using a 100 percent revenue sharing model, cVidya will install and operate its MoneyMap platform along critical revenue leakage points, and will share incremental identified and reclaimed revenue with the service provider.
cVidya’s revenue-share model is based on clear formulas for measuring identified and reclaimed revenue and revenue share percentages. cVidya's MoneyMap solution suite provides a unified platform for implementing revenue assurance, data integrity, risk management and dealer management solutions.
“In today’s economic conditions, cVidya’s revenue assurance offer is a genuine win-win proposition, something much needed in these days of frozen or declining CapEx and OpEx budgets,” said Susan McNeice, Global Program Director for Communications Infrastructure and OSS/BSS at Stratecast, a division of Frost & Sullivan. “cVidya’s revenue-sharing approach is a creative one that allows service providers to effectively deflect 100% of their risk, and if history is any indicator, third-party assessments of a service provider's environment typically reveal opportunities for revenue recapture.”
MoneyMap comes out of the box with interfaces to most back-end OSS/BSS systems as well as a variety of network and service elements. In addition, it includes a set of business rules and knowledge libraries that enable rapid implementation and a lowered total cost of ownership.
