iXLink Extends Functionality to Include Contract Receipt and Distribution

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Electronic Contract Service Simplifies Commercial, Operational and Financial aspects of Contract Management Amongst Trading Partners, Announces Telarix, Inc.

After the recent announcement of Telarix’s popular iXTools software being offered in a SaaS model, iXLink, a partner relationship management service (PRM) and business unit of Telarix, Inc., announced today it is extending its functionality to include contract signatures to its base of products that include Price List Receipt and Distribution and Bill Receipt and Distribution. This new functionality will be an electronic document management and exchange service for global service providers that automates the selling, administrative, and operational processes for international wholesale carriers dealing with volume commitments and other complex deals associated with exchanging traffic.

The recent increase in complex interconnect agreements amongst carriers, such as bilateral and swap deals, the corresponding number of complex rating, pricing, and discount terms, and the diverse products and services included, has created additional financial risks for service providers. This has led to a demand for automating the tedious process of negotiating contracts and getting them signed.

“iXLink was originally created in collaboration with carriers in the market to solve a need for the exchange of price lists; over time the need to exchange information beyond invoices has grown. Adding Contract Receipt and Distribution is another way we are working collaboratively with the industry to solve information exchange problems, and this new product is a perfect fit to the existing iXLink product line,” states Glen Kazerman, CEO of Telarix, Inc.

This new functionality in the iXLink product line is a powerful document exchange and workflow solution that allows service providers to simplify and automate the contract management processes within their wholesale interconnect business. The service manages pre-defined templates, validates the content against a set of configurable business rules, and applies electronic signatures before passing the information downstream. This service also handles mid-cycle rate and dial code amendments as well as side letters typically associated with complex contracts. In addition to email and portal access, a number of APIs are provided to ease integration with upstream and downstream OSS/BSS systems.

“iXLink’s Contract Receipt and Distribution service provides carriers with a powerful solution that eliminates paper, reduces the negotiation time and cost of sales associated with complex deals such as bilaterals, and minimizes the potential for disputes and audit issues,” states Kazerman. “By simplifying this process and enabling two-way communication, carriers can focus on high value commercial activities rather than manipulating and tracking the status of paper contracts.”

About Telarix
Telarix, the market leader in Interconnect Business Optimization solutions, helps solve a new set of challenges for international service providers with its software, iXTools and iXLink. iXLink enables carriers, resellers and emerging market providers to automate their wholesale interconnect purchase processes. With over 3,000 members exchanging over 40,000 documents monthly in a secure and collaborative business environment, iXlink has proven to be the solution to have. Its product set includes Price List Receipt, Price List Distribution, Bill Receipt and Bill Distribution. Newly enhanced premium features include dial code analysis and discrepancy management, line by line invoice reconciliation and audit and listed least cost routing report, all designed to focus on improving the bottom line. iXTools, currently processes over 150 billion voice, sms, content and data minutes each year, offering carriers an unprecedented level of visibility and control of interconnect traffic helping them to identify optimal routing strategies, among other things. As a result, users are able to streamline operations to achieve lower operating costs and higher productivity. iXTools is able to provide insight and assistance with Routing, Billing and Audit, Settlement, Trading and Managed Services. Offered in both a licensed and SaaS model Telarix’s software can be integrated to carriers of all sizes. For more information please visit http://www.telarix.com and http://www.ixlink.com.

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Lisa Tovar
Telarix, Inc.
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