Companies Implement Their Own Call Accounting Solutions to Ensure Telecom-Billing Accuracy

According to their annual report available on theirto traffic, fraud and analysis.
website, in the last fiscal year-ending, SBC spent overMegaCall tracks telephone call activity generated by
two-and-a-half billion dollars on advertising. Verizon'sany type and any number of PBXs from call record
annual report shows just over two billion. Sprint, nearlysource to assignment of accountability. It analyzes call
a billion. AT&T (who had stripped back theiractivity for an entire enterprise from a single
advertising budget) just under half a billion. Manyweb-enabled centralized system. All information is
corporations will never see such income amounts incollected in real-time and is immediately available for
their entire lifetimes, let alone advertising budgets andviewing and reporting -- an essential support for call
this begs the question, if a telecom carrier can spend aaccounting throughout the enterprise.
fortune on advertising, why can't they invest a fractionAn Aberdeen Group report found that, without proper
of that amount to ensure accurate billing to theircall accounting on a customer's part, telecom billing
customers? Because of billing inaccuracies, customerscost leakage could be as much as $8 million per year.
are forced to implement their own call accountingA Gartner Group analyst was recently quoted as
solutions.stating that 12 to 20 percent of corporate telecom
Fortunately for the customers, robust call accountingcharges are in error, and 85 percent of such errors
software solutions such as TelSoft Solutions MegaCallare in the carrier's favor.
now exist, allowing companies to accurately track callTelecom billing errors also place corporations in danger
expenses and quickly compare them to telecom bills.of non-compliance with the Sarbanes-Oxley act, which
Billing errors can be rapidly found and correctedrequires companies to be fully accurate when
through a real-time web-accessible interface. Calls canreporting operating expenses. So companies, not being
be rated against contract usage rates, costs can beable to rely on carrier bills to accurately cost account
allocated to the correct user department, and reportingtheir phone usage, are forced to find cost-effective call
can be automatically and quickly generated in relationaccounting software solutions such as MegaCall.