“A process that used to move at a snail’s pace is now a pure thoroughbred that enables users to exchange contracts in real-time and make amendments or other changes instantly,” said Michael Wallrath, Managing Director, Ascom's Systems & Solutions.
Aachen, Germany (PRWEB) May 11, 2015
Ascom Systems & Solutions announced today that one of Europe’s largest Tier-1 providers of fixed line, mobile and internet services has selected B2BSimpleX to help it better manage and optimize its wholesale agreement processes with their global trading partners.
B2BSimpleX, which was named Best Service Innovation during the Global Carrier Awards late last year, eliminates the time-consuming and expensive manual processes carriers presently use to cobble bilateral agreements, and replaces them with automated and collaborative processes they can use to negotiate, implement and monitor agreements at a fraction of the time and cost.
“Carriers in the wholesale market see the tremendous benefits of using B2BSimpleX to swap contacts with trading partners,” said Michael Wallrath, Managing Director, Ascom Systems & Solutions. “The automated processes dramatically reduce data entry errors and other contract ambiguities, such as unclear legal language, incorrect traffic origins and inadequate reconciliation practices, so that carriers can focus on building business.”
Changing the Paradigm – Making Contract Exchange Simple
B2BSimpleX was developed by Ascom in association with GBET and leading carriers worldwide. The solution enables carriers to work from standardized industry templates to draft proposals and exchange contracts. With the platform’s built-in workflow mechanisms, contract changes made by internal stakeholders are tracked, monitored and validated.
Once contract proposals are exchanged with partners, B2BSimpleX tracks the changes and provides both sides the ability to compare versions and make modifications throughout the process. Any discrepancies -- dial codes, destinations, pricing, volumes, payment, legal clauses or any other terms -- are flagged for fast resolution.
“A process that used to move at a snail’s pace is now a pure thoroughbred that enables users to exchange contracts in real-time and make amendments or other changes instantly,” said Wallrath. “B2BSimpleX changes the interconnect landscape significantly because carriers can also exchange contract proposals, financial information and other terms and conditions securely and that the data will be automatically be formatted to their partner’s respective operations and business support systems.”
B2BSimpleX is multi-layered and affords carriers of all sizes with multiple service levels to match their needs and expand into others as business requirements change. The solution contains an open, fluid architecture and integrates easily and seamlessly to existing enterprise systems to ensure rich, robust, seamless communications across business units and operations.
Measuring Profitability & Performance Before it’s a Done Deal
As a comprehensive solution covering everything from negotiation and contract exchange to measuring performance and amendments, B2BSimpleX also eliminates the complexity involved in attempting to accurately review and account for large numbers of agreements. In the case of Tier-1 providers, it’s not uncommon to have hundreds of bilateral contracts. The inability to capture all billable revenue and validate origins and volumes is one of the largest cost centers carriers face in the wholesale market. In fact, the Yankee Group estimates that miscommunication and poor or lost data due to manual practices costs European and US carriers more than US $8 billion each year.
Ascom’s solutions include the ability to model business cases, conduct ‘what if’ scenarios, analyze contract performance and measure profitability in real-time. Additional features include the ability to prepare financial statements (negotiate to bill), import and verify scanned invoice items, CDR reconciliation and automatic flagging and classification of discrepancies and recommended disputes.
Ascom is an international solution provider with comprehensive technological know-how in Mission-Critical Wireless Communication. The company focuses on the areas of Wireless Solutions (high-value, customer-specific on-site communications solutions) and Network Testing (a global market leader in testing and optimization solutions for mobile networks). The company is headquartered in Switzerland, has subsidiaries in 17 countries.