Revenue assurance implies that a telecom company can bill for products and services as per the commercial agreement with the client and avoid revenue leakage.
It ensures integrity and accuracy of all systems involved in rating, invoicing and billing. Revenue leakage rises when a telecom company cannot bill a client correctly for products and services rendered. With a client base of millions of customers and frauds to deal with, it is an uphill task to maintain the integrity of the billing system, which directly impact the bottom line of telcos.
