Audit & Assurance Management
Audit Management services include the automation and continuous auditing of contractual communications commitments (rates and terms), billing, service inventory accuracy, market factors, spend and trend variances, utilization, and communication service configurations.
Audit Management includes more than 80 automated tests within the following categories:
- Contract Audit Tests – Contract tests provide alerts of favorable or unfavorable conditions related to contract terms and conditions (i.e. increments & rounding) with a service provider as well as alerts for pending contract expirations based on customer established, proactive timeframes.
- Rate Audit Tests – Rate tests compare actual billing data to the corresponding contractual rates. Tests are conducted on each individual call detail record (CDR) as well as summary discounts and credits. Example tests include: rate assurance, calculation verification, discount assurance, PVC billing, port billing, and circuit billing.
- Bill Audit Tests – Bill assurance tests check the integrity and accuracy of actual bills for increment and rounding errors, unknown usage charges, late payment fees, casual billing errors, the existence of expected prorated charges… and more.
- Inventory Audit Tests – Inventory tests check actual billing for unaccepted or unknown inventory and erroneous charges for disconnected inventory.
- Variance Tests – Trending tests identify significant variances in the total month to month bills and invoices, line cost variances, working telephone number tests, and compares the amount billed versus previously paid amounts.
