Program Overview:

It is important that organizations take a proactive approach to tackle revenue leakage. Revenue is the critical to every business, driving profitability, fuelling growth, and empowering organisations to meet their financial commitments to stakeholders. The revenue cycle, from product development to invoicing and final collection, is central to value creation and the viability of the organisation.

However, as business environments become more complex, this cycle is increasingly vulnerable to revenue leakage. This can include missed billing, pricing errors, refund errors, errors made in discount calculations, undercharging, providing multiple freebies to the same customer, untracked payments, incorrect data entry, unsent invoices, contract mismanagement, or errors in revenue recognition amongst other which, can silently erode profitability and in more severe cases threaten a company’s future feasibility. Organisations must adopt a proactive, real-time approach to address revenue leakage, or risk losing significant value over time.

The need for more robust revenue assurance is expanding alongside the evolution of business models. In sectors with diverse revenue streams such as banking & financial services, telecommunications, retail, and media, the multiple pricing structures, discount arrangements, and partner agreements create complex revenue paths. In these environments, data accuracy and process integrity are essential for tracking every dollar through the revenue cycle.

How can you fix your organization's inefficiencies in revenue assurance? How can you develop a revenue management model & strategy that ensures transparency to customers, enhances customer experience, whilst plugging revenue leakage. What are the key lessons learnt when designing a robust revenue assurance framework for a complex organization like yours?

All these and more will be discussed and covered in detail at the Revenue Assurance Masterclass in June!

10 Key Benefits of Attending:

1. Gain insights on how to develop an effective revenue assurance strategy & business model
2. Tackle factors and challenges that impact revenue assurance including missed billing, pricing errors, refund errors, errors made in discount calculations, undercharging, providing multiple freebies to the same customer, untracked payments, incorrect data entry, unsent invoices, contract mismanagement and errors in revenue recognition
3. Leveraging data to improve revenue assurance and fixing revenue leakage
4. Find out how you can best identify and tackle leakage risks and potential revenue leakage points in your cycle
5. Develop pricing models and revenue assurance processes that improve revenue assurance
6. Quantify revenue losses effectively and efficiently deal with the issues
7. Ensure you adopt a revenue management model & strategy that ensures transparency to customers, enhances customer experience, whilst plugging revenue leakage
8. Tap on technology to refine processes, automate repetitive tasks, design comprehensive controls and form specialist teams to monitor revenue consistently
9. Building an effective revenue assurance culture and system within your organisation
10. Hear case studies and lessons learned from globally on how to develop a robust revenue assurance strategy and roadmap for your organisation

Who Should Attend:

Across organisations from industries including banking, insurance, financial services, telecommunications, utilities & retail, any professional in charge of the following departments:

• Revenue assurance
• Revenue management
• Revenue leakage management,
• Business Performance
• Operational Excellence
• Credit Risk
• Operational Risk
• Risk Management
• Internal Audit & Control
• Finance & Accounting
• Pricing  

Like More Information?

Email us at enquiry@equip-global.com for more details