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Survey results show that over 80% of the population intends to keep their home phone – but the wireline market continues to be in a state of gradual decline. Facing competition from wireless providers for the lucrative Generation X segment, wireline providers need to do more than just differentiate through reliability and customer service. As if the market wasn't tough enough, the recent real estate slow-down has meant less construction and therefore less new available land lines. The home phone hasn't seen much innovation since the wireless touchtone, so wireline providers are focusing on strategies such as combining the home phone with broadband access for truly bundled service, not just bundled bills. Enabling the home phone for web surfing and SMS text messaging are also in the works. Enterprise is another opportunity but faces tough competition from VOIP.
The strategy of the winning wireline providers is to improve margins by maintaining stringent network cost controls and reducing customer churn through delivering innovative new services on the home phone. This dual-edge strategy requires visibility into network spend as well as the ability to manage revenue leakage as new services are deployed. Even in a tough market, the winners will differentiate through reducing operational costs, and speeding time to market to assure revenue growth.
"In less than six months Razorsight saved us over $12 million dollars. Their expertise in spend management and innovative software solutions has allowed us to stay competitive and effective in our business. They truly do impact our bottom line."
- Top 2 Communications Service Provider
With marquee customers like AT&T and Verizon, Razorsight Corporation is the industry leader in wireline deployments for on-demand financial business intelligence solutions. Razorsight's Software-as-a-Service (SaaS) solutions automate payables processes with zero touch by eliminating all manual processes and paper, while providing automated workflow and powerful auditing and analytics of cost and revenue data. Razorsight's solutions ensure that wireline providers realize the maximum Network Cost Score™ – a unique performance metric created by Razorsight to benchmark how well wireline service providers balance the blend of internal staff costs, systems and third party providers to obtain the lowest possible network costs.
Razorsight has dramatically transformed the way communications companies process, manage and reach optimal performance for cost and revenue management. The highly scalable, web-based AIM Platform is easy to implement, requires no capital investment and has helped Razorsight customers realize documented savings of several hundred million.
Razorsight helps you generate the highest returns from cost and revenue management while minimizing the cost of doing so. Razorsight Next Generation Network Cost and Revenue Management solutions for wireless service providers combine cutting edge data capture technology, automated auditing and powerful actionable analytics to:
- Provide Total Transparency and Unparalleled Visibility into Network Costs and Revenue.
- Enable Automated, 100% Electronic Carrier-to-Carrier Transactions through support for over 3,500 Carrier billing formats.
- Capture 100% line item data from ALL Inbound and Outbound Invoices.
- Maximize Operational Efficiency through Automated Audits and Actionable Business Intelligence.
- Eliminate paper and streamline manual processes
- Improve controls and enhance SOX compliance
- Deliver extraordinary returns - with results visible within 2 months, and guaranteed ROI achieved within 12 months
- Ensure easy deployment without additional investment (On-demand, Software-as-a-Service)
Learn more about Razorsight Products, Solutions and Competitive Differentiators.
Contact us to learn how we can help you improve margins through reduced network costs and improve revenue capture
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