The more things change, the more they remain the same. That is an old saying that keeps proving itself to be true, and nowhere do we see more change than in the telecoms and revenue assurance area. Since GRAPA’s founding in 2007 there have been several major revolutions in the practice of revenue assurance. We have seen revenue assurance move up in status and importance in many organizations around the world. We have seen revenue assurance teams grow quite rapidly in most telcos. We have seen the role of revenue assurance expand to include dozens of new domains and areas as CFO’s and CEO’s have come to appreciate the real value that revenue assurance can deliver to the bottom and top line of the company’s financial statements.

What do Ernst and Young, Protiviti, Infosys, PWC, Deloitte and IBM all have in common? Is it that:

a)      They are some of the largest, most successful consulting organizations in the world today?

b)      Each has a large, viable commitment to providing professional consulting services to telcos in the Internal Audit, Fraud and Revenue Assurance domains?

c)      Each has sent several of their consultants to GRAPA Certification and Training Events?

The answer is, all of the above.

With the beginning of a fresh new year, we are seeing a lot of new exciting growth for GRAPA and for revenue assurance professionals around the world.

Revenue Assurance Professional Staffs Growing At Astronomical Rate

The biggest single landmark for revenue assurance has been the almost continuous growth in the size of revenue assurance departments around the world. As the latest generation of entrant telcos staff up, and as companies continue to see the incredible benefits of revenue protection, risk amelioration and new product development support that professional revenue assurance teams can offer, CFOs around the world are saying, “I need more people to do this job”.

Viva Las Vegas – Revenue Assurance Las Vegas Style

R Mattison’s Podcast

As we come to the end of yet another great year, it seems appropriate to sit back and reflect on what GRAPA have accomplished and what is in store for the next twelve months. Our last event of the year was I believe, at the most appropriate place I could imagine for a revenue assurance class–beautiful Las Vegas, Nevada.

While mulling over the  problems common to revenue assurance professionals, it became clear to me that there was no real logical reason why we shouldn’t be able to establish a set of standards, structures, guidelines and knowledge sharing that would make it possible for the industry to attain a decent “economy of scale” for the investment in revenue assurance. While revenue assurance might be needed more in some places than others, the core challen
ge to the establishment of revenue assurance as a profession, was to develop a set of standards that can support everyone. This set of standards that would allow everyone to benefit from, the shared mission , goals and challenges, while at the same time recognizing and adapting to the differences that are the heart and soul of the industry.

The large, slow moving, highly profitable incumbent wireline and long distance companies of the 19th and 20th century has become the new, lean, mean, highly flexible (and loosely assembled) telecom of the 21st century. But the modern telecommunications company is also a chaotic, confusing, pressure cooker of change: changing technology, changing markets, changing consumer attitudes, changing competitive landscape.

In the modern world of telecommunications, competitors can become partners in the blink of an eye as companies struggle to balance, risk, revenue, capital outlay and expertise against each other. In the midst of all this mess we find, the humble revenue assurance practitioner (that’s you and me, my friend).