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Miscellaneous
Billions and Billions of Phone Bills
ISPs and CLECs handle millions of phone bill line items
each year, and one company has software to make it much easier, saving
hours and hours of time.
Tom Nolting,
senior director of financial assurance services for Colchester, Vt.-based
Vertek Corporation, knows phone bills.
In 15 years at Verizon, he held a variety of positions, including being
the guy in charge of the company's $1.3 billion carrier billing organization.
After working at Verizon, Nolting joined Lavastorm
Technologies, a billing analysis company recently acquired by the
UK-based billing and CRM software provider Martin
Dawes.
At Vertek, Nolting and his team have built a revenue assurance solution
for carriers that is based on the Lavastorm solution.
The software takes invoices and even call records from various sources
and provides a unified data format. Nolting points out that bills can
vary widely. They can vary in period of time covered (i.e. weekly, monthly,
billed on the 5th and 25th of every month, billed per use). Different
carriers can use different numbering systems for the same service. The
same carrier may bill differently in different U.S. states, following
tariffs filed in each state. Untangling the mess is a job for software,
not humans.
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MFAP Revenue Asssurace Display
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MFAP Invalid Carrier Dispatch Charges Display
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The analysis is handled at Vertek's data center in Colchester. "Customers
would otherwise have to invest in their servers," says Nolting.
In addition to lining up the billing periods, the software checks each
charge against the tariff and also matches invoices against purchase records,
checking for services that weren't ordered but are being billed for, a
common problem in the ISP industry. The software also makes sure that
tariffs are applied correctly.
Finally, the software checks that the ISP's own pricing is accurate.
A common error, says Nolting, is ISPs that continue to price at promotional
levels for some customers after the promotion has expired.
"We don't fix exceptions," says Nolting. "We specify exactly what the
discrepancies are and the CLEC decides the corrective action. It could
be an extra charge if a customer is paying for a minimum bandwidth DSL
package and receiving premium bandwidth. The corrective action is to notify
the customer that they will now be billed correctly or just to make a
change to the account."
Once all the data is collated, Vertek offers trending and graphing tools,
allowing customers to key in on what interests them. Though Nolting feels
Vertek has anticipated what CLECs will be interested in, he says that
a company recently wanted to break out profit margins by vendor, and that
required some work.
Vertek also offers premium consulting services, helping with transitions
from one network to another and helping with forecasting.
Pricing and availability
Vertek's Managed Financial Assurance Program (MFAP) is available now.
Pricing differentiates between core and premium services, and is a flat
monthly fee based on the volume of costs managed.
The company will be demonstrating its product at the upcoming COMPTEL
trade show.
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