Synthesis Revenue Assurance [SyRA]

Revenue Assurance:
“The use of data quality and processes improvement methods to improve profits, revenues, and cash flows without influencing demand.”

How big is the problem?

A research report from IDC.com (2018) states that the public cloud services market grew by 28.6%, with revenues from subscription-based service totaling $63.2 billion.  

Buyers demand innovative services and better payment options, leading to Billing Complexities. Their demand for flexibility leaves the entire quote-to-cash process prone to various revenue leakages, with the Global Revenue Leakage trend accounting for 1-4% of total revenue.

However, the true effect depends on both the maturity of the organization, as well as their ability to build effective automated assurance controls equipped with timely detection and prevention to help recover leakages across complete the revenue chain.

Synthesis Revenue Assurance [SyRA]

We at Synthesis are ready to solve your revenue leakage problem through our valuable risk-based assurance consulting and versatile Revenue Assurance product [SyRA].

As a risk-based, comprehensive, automated Revenue Assurance Platform, SyRA is built with superior global practice, following global standards and frameworks. It provides lightweight, secure, fast integration with new data sources and visually-enticing leakage dashboards. It also generates detailed leakage reports with impact analytics which can be further sliced and diced to pinpoint the root cause. The leakage alerts are delivered to the end user through emails and workflow systems.

Risk Coverage Areas 

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Customer Management

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Finance and Accounting

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Order Entry and Provisioning

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Partner Management

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Receivable and Payment Management

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Rating and Billing

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Product and Offer Management

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Usage and Network Management

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Synthesis Revenue Assurance Features

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Capture

Lightweight, and faster integration with new data sources

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Analysis and Reconciliation

Conduct detailed Leakage analysis for multiple business process with financial impact where applicable.

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Report Leakage

Produce visually enticing dashboards of control reconciliations for easy understanding to focus and resolve

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Workflow Altering

Leakage alerts are sent to end users in an email and workflow system