CRMT Revenue Assurance for Energy Distribution (CRMT RA - Energy)
Energy distribution, until recently, was a stable and predictable industry. Well designed and maintained networks meant adequate access for consumers and a stable infrastructure for providers, thus ensuring good business.
Deregulation both in production and in distribution introduced competition as a previously non-existing element of uncertainty, risk and new pressures on prices, leading to the need for better control of costs and revenues.
It is becoming obvious that running the business in the same way as before will not ensure sustainable profitability. In making the changes, Power Distribution Companies must keep a watchful eye on how revenues are generated and collected, since the same changes drive new complexities in the billing and collection processes, in addition to existing problems such as errors in measurements, fraud and other kinds of revenue leaks.
In other words, there's a growing need for revenue assurance solutions in the power distribution sector, that monitor operational systems for problems and keep the business profitable like in the good old days.
Unlike first-generation Revenue Assurance applications, the Revenue Assurance system by CRMT are flexible, extensible and scaleable solution incorporating RA modules, algorithms and interfaces, based on a combination of best of breed technologies: Netezza, Microstrategy and expressor software and knowledge and designed according to current trends in Revenue Assurance. This approach brings to Power Distrubution Companies the greatest value, lowest risk and fewest limitations for future development and growth of the system, at the same time providing the most cost-effective solution. We are convinced that our best of breed approach not only is more powerful and flexible, but also more economic and future-proof than any integrated RA system could ever be.
For more information about "Revenue Assurance system by CRMT", please contact us: info@crmt.com.