Razorsight AIM Analytics is a next generation, industry leading Cost Optimization and Revenue Maximization platform that is used by leading communications companies across all segments to improve their margins. Available in On-Demand/Software-as-a-Service mode, AIM Analytics strengthens existing audit, cost management and revenue assurance processes by capturing all cost and revenue data into a centralized database, automating auditing, and leveraging powerful business intelligence to identify savings and anomalies. AIM Analytics automates the manual processes that audit teams waste time on today, thereby freeing up their valuable time to truly perform value-added functions like network optimization, claims negotiations and settlements.

    Business Challenges

• Network costs represent the largest expense for carriers and are as high as 50% of revenues
• Revenue leakage among North American CSPs is close to 13 percent – with the average range varying from 5 to 15 percent
• Limited resources and budget to audit vendor charges and customer billing
• Lack of automation necessary to perform detailed reconciliation and allocation
• Limited inventory and financial reporting capabilities to do timely cross-checks

Razorsight AIM Analytics is a highly scalable, web-based, solution. This means that savings accrue to your company immediately without significant capital investments or IT architecture changes. AIM Analytics is powered by the revolutionary, patent pending AIM Capture software that extracts data from multiple invoice formats, structures it into an OBF compliant SECAB standard, offering Telecom carriers extensive line item visibility into their Telco cost data. AIM Analytics provides the industry's next generation platform for workflow automation, cost management and automated audit and analysis. Razorsight's easy to use solution allows Network Cost and Revenue Management groups to conduct audits, perform complex analyses, manage disputes, reconcile invoices, allocate costs to general ledger accounts, and feed into accounting and ERP systems for automation of payments. Razorsight provides a comprehensive set of robust, automated audits for increased dispute savings and provides a quick ROI of less than a year.

Features

AIM Analytics combines cutting edge data capture technology, automated auditing and powerful actionable analytics to:

• Ensure detailed data capture and analysis from paper and electronic invoices and contracts
• Provide line item visibility into 100% of your network costs and revenue, whether information arrives via paper or electronically
• Consolidate all costs and revenue into a single database for much better reporting, auditing and expense allocation
• Provide workflow for the entire payables life cycle -- from receipt of invoice through audit and payment
• Automate over 200 carrier invoice audits, and automatically files disputes
• Provide the most robust, automated GL coding tool in the market today
• Automatically match detailed call records against invoice charges and against specific carrier contracts to identify errors
• Automatically compare inventory data to provisioning system records to facilitate invoices to flag anomalies
• Provide detailed workflow, dispute reconciliation and multiple levels of approval
• Deliver ROI within 12 months
• Lower your risk: results start showing within 2 months, and you have the option of seeing the benefits through a risk free test drive before you buy

Benefits

Razorsight offers truly unique benefits, both to your bottom line and to your overall business process.

• Greater than 5 percent reduction in network costs
• Increased revenue capture
• Unparalleled visibility into cost, revenue and processes – enabling product line and customer profitability analysis
• Quicker processing of audits and disputes by identifying errors prior to payment
• Tremendous savings in operational resources and expenses

AIM Analytics Platform

AIM Analytics integrates with existing BSS/OSS, Accounts Payable, Inventory and Contract systems to provide total transparency, workflow automation and dashboard reporting to an organization's cost and revenue management. Best of all, there's no extensive implementation or integration.

Solution Components

• Invoice gateway that manages all invoice types and formats, captures 100% invoice data and provides unparalleled data accuracy and integrity.
• Vendor and invoice workflow management that frees your limited staff resources to focus on more value added, higher return activities like auditing.
• Spend visibility, verification and payment module that manages storage, audit, dispute and payment using the first and only dynamic allocation engine and next-generation, robust audit software.
• Executive dashboard reporting for monitoring key performance indicators with powerful search engine functionality.