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Razorsight Cost Analytics

The Industry’s Most Powerful Cloud-based Solution for Wholesale Cost Management

Razorsight Cost Analytics is the industry’s leading cloud-based solution for network cost management, and is used by leading communications companies across all segments to minimize wholesale costs and optimize network operations. Razorsight Cost Analytics ensures best-in-class performance for wholesale cost, claims, and network management operations by capturing all cost data into a centralized database, automating more than 200 audits, streamlining and automating workflow, and leveraging powerful business intelligence to identify savings and anomalies. Cost Analytics is powered by Razorsight Capture’s patent pending data capture technology that extracts data from multiple sources and formats, and offers CSPs 100% line item level visibility into their wholesale cost data.
Cost Analytics is a modular solution that offers unmatched scalability and flexibility – you pay for only the applications you need, as much as you need, when you need it. The cloud-based model ensures quick and easy deployment without capital investment, and is ideal for attainment of post M&A synergies, distributed teams, and easy integration with multiple legacy systems – all at very low risk. Cost Analytics modules offer best-of-breed functionality, and seamlessly integrate with each other as well as with existing solutions and tools to maximize ROI.

Business Challenges

• Network costs represent the largest expense for carriers and are as high as 50% of revenues
• Lack of detailed visibility into cost and usage data
• Limited resources and budget to audit vendor charges
• Lack of automation necessary to perform detailed reconciliation and allocation
• Limited inventory and financial reporting capabilities to do timely cross-checks

Razorsight Cost Analytics is Available in two Versions

• Basic Cost Analytics: Includes data capture, invoice loading, invoice GL coding, and payment approval functionality. Can be seamlessly upgraded to Premium Cost Analytics
• Premium Cost Analytics: Includes Basic Cost Analytics functionality plus powerful reporting and analytics, 200+ automated cost audits and advanced claim analytics. Additional modules that can be rented separately include Power Audit, Claims Analytics, Network Optimization, and 3rd Party Elements Audit

Features of Cost Analytics

• Provide 100% visibility into costs, usage, and value chain for NG and legacy networks
• Consolidate all costs and usage data into a single database for accurate reporting, auditing, expense allocation, and analytics
• Manage all invoice types and formats through an invoice gateway, capture 100% invoice data and provide unparalleled data accuracy and integrity
• Free staff resources to focus higher value activities through advanced vendor and invoice workflow management
• Manage storage, audit, dispute, and payment using the first and only dynamic allocation engine and next-generation, robust audit software
• Ensure automated verification of order-to-cash workflow by automating over 200 carrier invoice audits, and dispute filing
• Automatically match detailed call and transaction records against invoice charges and against specific carrier or partner contracts to identify errors
• Automatically compare inventory data to provisioning system records and flag anomalies
• Provide detailed workflow, dispute reconciliation, and multiple levels of approval
• Provide ongoing identification of network optimization opportunities
• Increase overall ROI from technology by seamlessly integrating with, and increasing the effectiveness of existing applications, tools, and BSS/OSS infrastructure

Benefits of Cost Analytics

Razorsight Cost Analytics customers have realized more than $200M in hard savings. Cost Analytics offers powerful benefits to your bottom line as well as to your overall business processes through:

• Improved margins through > 5% reduction in wholesale costs
• Unparalleled visibility into cost, usage, and processes across the NGN value chain
• Quicker processing of audits and disputes by identifying errors prior to payment
• Tremendous savings in operational resources and expenses
• Minimized total cost of network operations
• ROI within 12 months
• Low 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
• Scalable, modular architecture offers deployment and business flexibility, and lowers TCO
• Increased effectiveness of corporate network cost management operations through seamless, plug-and-play integration with existing BSS/OSS ecosystem and financial assurance tools

Add-on Cost Analytics Modules
Add-on Cost Analytics modules that can be rented separately include the following:

Razorsight Power Audit Module (with Data Warehouse/BI tools)
The Power Audit module takes audit capability to a different level, irrespective of existing audit functionality (homegrown/3rd party) and processes. This standalone module allows Power users to verify and validate existing audit performance, and perform more powerful and detailed audits beyond the current capability of existing solution. The Power Audit module leverages a robust data warehouse with the industry’s most powerful BI and auditing functionality, including custom audit building tools, pre-configured audits, and drill down/roll up capabilities.

Razorsight Claims Analytics
Razorsight Claims Analytics is a powerful, cloud-based dispute claims lifecycle management tool that automates the dispute claims management workflow, increases the effectiveness of the claims management team, facilitates dispute negotiation and reconciliation, and maximizes dispute claim savings. The cloud-based solution allows users to easily identify, create, prioritize, collaborate on, approve, file, track, escalate, negotiate, and ultimately resolve dispute claims. Offered as a standalone module that can integrate with any in-house or 3rd party cost management platform, Claims Analytics also offers communications service providers the choice to integrate seamlessly into Razorsight's flagship Cost Analytics solution. Click here to learn more about Razorsight Claim Analytics.

Network Optimization
Network Optimization provides monthly identification, analysis, and reporting of network optimization opportunities. It leverages Razorsight’s powerful data capture, audit, and analytics tools, as well as the Usage Analytics module to minimize the total cost of network operations, and map out the best (least cost/most profitable) path for each customer service transaction. Razorsight Network Optimization helps improve network efficiency and drives savings at all levels including local network, national network, and international network.

Taking into account factors such as usage, tariff, call quality, rate information, capacity, and network costs, Network Optimization provides accurate view and detailed analysis of your network, and enables your network engineering team to:

• Easily identify most cost effective and/or profitable routes, and rapidly redistribute services based on cost and quality optimization parameters – thus increasing responsiveness to changing market conditions
• Optimize existing resources, infrastructure and network capacity, and take advantage of new technologies
• Minimize total cost of network operations by reducing capital expenditure and ongoing operational costs
• Bridge the gap between engineering/planning and operational execution

3rd Party Elements Audit
This module allows wireless and video carriers to verify and validate all 3 rd party element costs for content, gaming, media, and other Next Generation Network (NGN) service offerings. The 3rd Party Elements Audit module leverages powerful audit, automated multi-matching, and validation tools that allow vastly improved Cost Control.