The telecom industry is known for its complex infrastructure and a huge number of transactions.
The risk of revenue leakage becomes more significant as processes and infrastructure become more complex.
Studies show that revenue leakage is estimated at 1.1% – 2.0% of revenue.
This leakage is mainly caused by manual data entry mistakes as well as fraudulent behavior.
Fixing those leaks can improve your bottom line.
Security and fraud
Vodafone Iceland has been using exMon since 2010. Vodafone continuously monitors its data and services, emphasizing customer happiness, revenue leakage, and fraud monitoring.
Their implementation resulted in less revenue leakage and a much shorter billing period.
Recently a case study of Vodafone usage of exMon and its results were published in Audit Analytics and Continuous Audit, an American university textbook in Continuous Auditing by the American Institute of Certified Public Accountants.
You can read all about Vodafone’s usage of exMon here: Audit Analytics Book Vodafone Case Study.
You can download the book for free at the AICPA website: Continuous Assurance & Continuous Control Monitoring.
See how exMon Data Quality can help you fix and maintain quality financial data.
Manage all your budgeting and forecasting processes. Find issues and missed submissions before its too late.
Our customers in retail use exMon to monitor cash registers and back-office systems. Monitor supply chain processes, inventory levels, and unusually high discounts
Know more about how pharmaceutical companies use exMon to make sure project data is being maintained correctly.
Learn more about how Vodafone is continuously monitoring their data and services with an emphasis on customer happiness, revenue leakage, and fraud monitoring
Request a live demo to see how the exmon Data Governance Suite can help your company improve business and master data.
We can use your data to demonstrate how our tools can help you improve data quality.
We configure the system to your needs and show you how to administer the system yourself.
Once the system is installed in your environment you can start setting up processes to improve your data.