Lavastorm Announces New Managed Service for Access Transport Bill Audits; Wholesale Billing Accuracy Software Deployed at Major US Carriers Now Available as Managed Service.BOSTON Boston, town, England Boston, town (1991 pop. 26,495), E central England, on the Witham River. Boston's fame as a port dates from the 13th cent., when it was a Hanseatic port trading wool and wine. Having recovered from a decline in the 18th and 19th cent. -- Lavastorm Lavastorm is a historically Massachusetts, U.S.-based international technology company with a colorful history of projects, awards, mergers, acquisitions, and a refocus from web development to revenue assurance. , a Martin Dawes Systems Company, today announced the general availability of a new service offering designed to continuously assure all US carriers that their access transport products are being billed accurately and completely. Billing error rates on these complex products consistently average between 3% and 8%, causing both significant revenue leakage LEAKAGE. The waste which has taken place in liquids, by their escaping out of the casks or vessels in which they were kept. By the act of March 2, 1799, s. 59, 1 Story's L. U. S, 625, it is provided that there be an allowance of two per cent for leakage, on the quantity which shall appear and extremely high call center and dispute investigation and resolution costs. Lavastorm's Access Transport Auditing Managed Service (ATAMS ATAMS Advanced Technologies, Applications, and Market Strategies for 3G (conference) ATAMS Automated Tracking And Monitoring System ) is designed to help carriers automatically identify billing accuracy issues reducing error rates to below 1%, and to regularly monitor the billing accuracy of these products to ensure consistent quality is maintained. Lavastorm's new ATAMS offer is built with more than 175 industry best practice validations for voice grade analog circuits analog circuit, electronic circuit that operates with currents and voltages that vary continuously with time and have no abrupt transitions between levels. Generally speaking, analog circuits are contrasted with digital circuits, which function as though currents or , through DS1 and DS3s, up to OC 192s. Lavastorm's software provided as a service automates the inspection and validation See validate. validation - The stage in the software life-cycle at the end of the development process where software is evaluated to ensure that it complies with the requirements. of key charge elements ensuring they are billed accurately and completely. Lavastorm's leading software product and extensive domain knowledge in this area, with deep carrier experience throughout its management team, makes Lavastorm an ideal partner to help address this problem. "Over the last three years, Lavastorm has deployed our software in several major US carriers and has consistently delivered improved financial and operational results in this critical and growing area of the business," said Drew Rockwell, Chief Executive Officer of Lavastorm. "With today's announcement, we have created an economical and low-risk solution that we guarantee will increase revenue and lower operating costs operating costs npl → gastos mpl operacionales for every carrier in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , regardless of their size or number of access transport circuits." About Lavastorm Lavastorm, a Martin Dawes Systems Company, is one of the world's leading business assurance software providers. The company was created from the merger of two leading software providers: Boston-based Lavastorm Technologies and Stockholm-based Visual Wireless. Together, Lavastorm offers the industry's most complete and advanced business assurance software solutions, a rapidly growing form of business intelligence software, that automates the analysis of data to assure management that the business is operating as it was designed to operate. Lavastorm's solutions are currently addressing key risk areas such as revenue and operational assurance, fraud detection and management and data migration and conversion. |
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