Cost Validation
Economic and revenue pressures heighten the need to optimize costs. Data analytics play an important role in giving providers the appropriate tools to gain transparency to cost, understand cost drivers, and pursue sound optimization strategies.
The Lavastorm Analytic Platform delivers the transparency, analytics and controls to drive cost accuracy and put appropriate cost controls in place. Examples include:
- Achieving cost accuracy in mobile content to maximize available margins and provide a full record from which to execute royalty settlement
- Providing full transaction and record visibility to ensure third-party commission accuracy
- Managing rate complexity and cost accuracy to enable settlement of fixed, mobile, and wholesale services
- Analyzing the causes, distribution and trends of disputes to reduce avoidable disputes, and to implement controls that give providers the flexibility to optimize the cost structure for CSRs and other dispute management assets and processes.
