Intec has released the Intec Convergent Billing-Revenue Management Edition, an enhanced version of its convergent billing system that will deliver automated revenue recognition, easier regulatory compliance and enhanced revenue assurance processes.
The new version delivers a number of advantages to carriers specifically concerned with the auditabiity and assurance of their revenue generation and recognition process, including increased efficiency and accuracy of revenue recognition.
It also feature greater business control and auditability, and easier compliance with regulatory demands through automated revenue recognition and support for company-specific accounting policies, the company said.