The Fact of Revenue Assurance Partner
Well, here what I found out on revenue assurance partner. This company provide debt collection services. Hmm, let me think. Revenue Assurance vs Debt Collection, is interesting. Even, That is a brilliant idea. Why, because both give the company an additional bottom line from potential revenue that possibly could be lost. Both term, has close relation. One of Revenue Assurance Action on handling potential revenue lost is by using debt collection to help company to maximize revenue. That is the relation.By the way, If we look more closely within the services. We found that the debt collection is only part of revenue assurance. Hmm, small part in my opinion. The simple reason because the latest progression on revenue assurance discipline, it give an insight that trend of revenue assurance is becoming more proactive. So the corrective action will be part of case but in near future, within the right implementation of revenue assurance on a company, the debt as one of control on revenue leakage will be less and less reduced by system.
Who Should Use Revenue Assurance Partner
Well back again to the case, I thought the most appropriate entity that should use revenue assurance partner is a company that help their client in implementing revenue assurance. I mean in more broad term. It help from creating vision, strategy, program, and evaluation consultation to their client in minize the potential leakage. Not only the current leakage but also the potential ones.
Some company form their start established already put their position in this solution. Just named Revenue Assurance Vendor, they all provide the services. So they are the right entity that should use the term.
Well the wold is still changing. For me, revenue assurance is a part of mixing of audit, finance and operation management disciplines. There a lot things in the future will change about this idea. But the thing that I like with this discipline is the are down to earth. They are easy to implement, help management to anticipate the potential revenue loss that happen on their daily activities.