Revenue Intelligence Incorporating Risk Management Methodologies
ProactiV™ is cVidya’s innovative cloud-based solution for Revenue Intelligence planning and business operation. It enables managers to evaluate their practices and make forecasts that focus on improved revenue recovery while minimizing the exposure to risk.
The solution supports the definition of lines of businesses (LOBs) and specific questionnaires for each that help assess LOB-related risks and business processes. Based on the user’s inputs, ProactiV creates a multidimensional risks map with an initial estimate of revenue loss, and proposes mitigation methods. Based on the recommendations obtained, CSPs can design and plan controls and other Revenue-Intelligence organization-wide measures.
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Backed by its years of experience in the field and the in-depth knowhow and expertise of cVidya’s experts, ProactiV telecom risk management is a superior modeling tool that ensures better decisions and enhanced prioritization of tasks.
- Reduces revenue loss through better identification of risk areas
- Increases effectiveness of Revenue-Intelligence practices and controls
- Rich library of risk-assessment questionnaires, potential risks, mitigation plans and more for all telecom lines of business
- Fully integrated into cVidya’s IRIS™ suite including MoneyMap® for Revenue Assurance and FraudView® for Fraud Management solutions
- Provides revenue assurance and fraud forecasts of loss prevention, revenue loss and revenue recovery
- Adheres to best practices and TM Forum standard recommendations and is based on its RA Risk Coverage Model
- Fully compliant with ISO 31000