Job Description

Revenue assurance refers to the processes and systems that ensure a company accurately captures and recognizes revenue from its services and products, minimizing revenue leakage and maximizing profitability. It involves identifying and correcting errors in the revenue cycle, from initial transaction to final payment, to ensure all revenue is accounted for and collected.

Preventing Revenue Leakage:

Revenue assurance aims to identify and rectify potential sources of revenue loss, such as inaccurate billing, unbilled services, or incorrect pricing.

Ensuring Accuracy:

It involves verifying that all transactions are recorded correctly, that billing is accurate, and that all revenue due is collected.

Improving Profitability:

By preventing revenue leakage and ensuring accurate billing, revenue assurance contributes to increased profitability and improved financial performance.

Data-Driven Approach:

Modern revenue assurance relies heavily on data analysis and automation to monitor revenue streams, identify discrepancies, and implement corrective actions.

Key Areas:

Revenue assurance covers various aspects of the revenue cycle, including rating, charging, invoicing, and collections.

Compliance:

Revenue assurance also helps ensure compliance with relevant regulations and internal policies.

Risk Mitigation:

It helps identify and mitigate risks associated with revenue generation and collection.
Job Type: Full-time

Pay: ?15,000.00 - ?20,000.00 per month

Benefits:

Food provided Health insurance Provident Fund
Experience:

Loss prevention and Security: 1 year (Required)
Work Location: In person