Revenue Assurance Research Articles

Analisis Sistem Informasi Eksekutif Dalam Layanan Listrik Kantor Pelayanan Dan Unit Listrik Desa PT. PLN (Persero) Unit Induk Wilayah Kalimantan Selatan Dan Kalimantan Tengah

Customer service data in the service office and village electricity unit not managed properly because the system is currently used is limited to units on urban area only. Therefore a new system was built that could be used to manage electricity customer service data. In order to support this research, the method of data collection is carried out by means of interviews, library studies, analysis, system design, system building, testing and system implementation. This system makes it easy to manage customer electricity service data at the Village Service Office and Electric Unit and make it easier for Commerce Deputy Mechanism Managers and Revenue Assurance to monitor data for the purpose of executing customer service improvements in villages or sub-districts throughout South Kalimantan and Central Kalimantan.

Efficient Renewable Electricity Support: Designing an Incentive-compatible Support Scheme

Most existing renewables support schemes distort location and dispatch decisions. Many impose unnecessary risk on developers, increasing support costs. Efficient policy sets the right carbon price, supports capacity not output, ensures efficient dispatch and location. The EU bans priority dispatch and requires market-based bidding, but does not address the underlying problem that payment is conditional on generation, amplifying incentives to locate in windy/sunny sites. This article identifies the various distortions and proposes an auctioned contract to address location and dispatch distortions: a financial Contract for Difference (CfD) with hourly contracted volume proportional to local renewable output/MW, with a life specified in MWh/MW, with long-term transmission contracts based on predicted output-weighted actual or simulated nodal prices. This yardstick CfD delivers efficient dispatch. It assures but limits the total subsidy. It does not over-pay for windy/sunny sites. The revenue assurance allows high debt:equity, dramatically lowering the subsidy cost.

ECJ 10 March 2022, case C-247/20 (Commissioners for Her Majesty's Revenue and Customs (Assurance maladie complète)), Social Insurance

ECJ 10 March 2022, case C-247/20 (Commissioners for Her Majesty's Revenue and Customs (Assurance maladie complète)), Social Insurance

Revenue Assurance and Fraud Detection for Telecom Operators – Combating Bypass Fraud

Revenue Assurance and Fraud Detection for Telecom Operators – Combating Bypass Fraud

Covid-19 Pandemic and Internally Generated Revenues in Local Governments: Nigeria Experience

The impact of COVID-19 pandemic on individuals, businesses, economy and governments has become a focus of attention in recent times by scholars, administrators and policy makers. Many researches have been conducted on COVID-19 with less focus on its impact on Internally Generated Revenues (IGR) in Local Governments (LGs). COVID-19 pandemic has impaired the economies and activities of the informal sector (IS) which form the nucleus of rate/taxpayers in LGs. This affects LGs finances in meeting the infrastructural and social-economics needs of the people at the grassroots level. Therefore, the study examined COVID-19 and its impact on LGs IGR in Nigeria, and how to enhance future IS tax compliance and LGs IGR. The study employed exploratory research design with focus on literatures in the area of LG administration and COVID-19 pandemic, public sector accounting and finance, and Nigeria constitution. Secondary data on IGR of LGs in Lagos state were collected while descriptive statistics was adopted for data analysis. The study concluded that COVID-19 pandemic affects many lives, business, and governments. It impacted negatively on the revenues and finances of LGs. However, Public trust, accountability and transparency are key to realization of revenues, therefore, policy makers at the LGs needs to recognize the importance and role of IS on economic development and IGR potentials by extending palliatives measures. LGs should also computerize their revenues register while economic recovery team should be set up on revenue assurance, and how to tackle post COVID-19 financial capability and tax evasion.

Pengembangan kWh Meter Elektronik untuk Pengecekan CT Konsumen Secara On Site

Current Transfomer(CT) accuracy for big customers is very important. Constraints Execution of CT accuracy testing on big customers is quite a lot of customers and scattered, and longtime outage duration. Development of electronic kwh Meter for checking on-site CT customers as a solution to these problems. The onsite CT measurement method is carried out by comparing the primary and secondary of the CT by utilizing the current coil on the electronic kWh Meter. This method has several advantages, lower costs, easy procurement, easy and fast operation, so the duration of outages can be minimized. This method is very supportive in the implementation of the Revenue Assurance program.

Mitigating risk of revenue leakages on the customer and vendor side in ecommerce sector

E-commerce is one of the rapidly booming sectors in India today, thanks to the rising internet user base and faster mobile penetration. The E-commerce industry is a complex ecosystem as it involves huge transaction volumes, complex procurement and logistics systems and reliance on new technologies for customer access and payment transactions. This complexity has given rise to frauds and revenue leakages, which is impacting the revenue for the ecommerce companies. Hence the major concern facing the Ecommerce sector today is how to mitigate the revenue loss. Very few studies have been done in academic literature in this area hence the objective of this study is to understand the sources of revenue leakage in the ecommerce sector and propose solutions for mitigating these revenue leakages. The study focusses on [2] major areas of revenue leakage viz. Customer side, Vendor side. The proposed revenue assurance model will be helpful to Ecommerce companies for detecting the sources of revenue leakages in the abovementioned areas and plugging the same thereby reducing losses. The study can also be helpful for consulting companies who are in the business of revenue assurance and fraud management for the ecommerce companies.

Estimating the effect of network element events in a wireless network

Network events, like outages, are costly events for communication service providers (CSPs) not only because they represent lost revenue but also because of adverse effects suffered by the CSP’s customers. Quantifying the effect of negative events on certain key performance indicators allows the CSP to measure the network resources impacted, to provide data for a more robust revenue assurance process, and to assign appropriate severity to the events. These additional insights may help optimize the resource allocation, ticketing, and troubleshooting response times. This paper presents a novel heuristic algorithm that takes advantage of the daily patterns observed in most key performance indicators of a wireless network and the stability observed in the differences between the original time series and the lagged version. The proposed algorithm uses those differences and the previous actual values to make accurate predictions of time-series traffic volume data that represent the estimated effect of a wireless network event. The performance of the algorithm is compared with that of the state-of-the-art autoregressive, integrated, moving average (ARIMA) model and the results are reported. The proposed algorithm has reduced standard deviation in error percentage by 4.8 percentage points, has no negative bias, and executes 97% faster than the ARIMA model. The algorithm provides an accurate methodology for online or batch network event impact estimation that could potentially be implemented in traditional relational database management systems (SQL) or Big Data environments.

The 2018 MAP Regulations: Ending Collection Losses in Nigeria's Electricity Supply Industry

The Nigerian Electricity Regulatory Commission (NERC) has issued the Meter Asset Provider Regulations 2018 (MAP-Regs). The MAP-Regs came into effect on March 8, 2018 and will be enforced by NERC from April 3, 2018. These regulations are designed to provide standard rules to eliminate estimated billing practices in the Nigerian Electricity Supply Industry (usually tagged ‘NESI’) and increase the collection rates of the distribution companies. Ultimately, NERC hopes that the MAP-Regs will enhance revenue assurance in NESI. Anyone who is keenly interested in Nigeria’s electricity industry or NESI will agree that reduction of the collection losses of the distribution companies (DisCos) is an urgent need. Hence, the MAP-Regs should be exciting news. However, after studying the MAP-Regs, I had reasons to reflect on whether the new regulations will achieve the desired purpose. This article gives a background of how the collection losses suffered by the DisCos affect the entire industry, highlights measures taken by NERC to remedy this problem till this point, and presents my reflections on the MAP-Regs.

RFM approach for telecom insolvency modeling

Purpose – The purpose of this paper is to present application of recency, frequency and monetary value (RFM) approach to predict customer insolvency using telecommunication data corresponding to RFM of late payments. The study tackles a serious problem that telecommunication companies often face and shows the ways to deal with it. Design/methodology/approach – Based on a real telecom customer data, RFM approach was tested against decision trees and logistic regression models. Proposed models were evaluated with lift measure, area under the receiver operating characteristic and the ability to detect significant amount of money owed by insolvent customers. Findings – The main findings from the research are twofold: RFM approach offers a viable alternative for customer insolvency classification. The proposed models perform well and all of them can capture significant amount of money owed by insolvent customers what is of high importance for the revenue assurance. Originality/value – In comparison to previous studies proposed research presents novelty in the following areas. First, it deals with RFM applied to insolvency data (previous studies dealt with direct marketing data). Second, with these three variables it is possible to act as an early warning system for predicting the risk level and probable anomalies as quickly as it is possible (data retrieval and computational time is reduced). Third, RFM approach was tested against decision trees and logistic regression and the quality of the models was also assessed three months after the estimation.

Ethics and Effectiveness in Promoting Entrepreneurial Programs in Romania and The EU

Currently, the intensification of competition in the labor market, outsourcing production in economic fields that have greater comparative advantages in terms of production costs, increasing social costs caused by phenomena such as aging population, declining share of working age population in the total population, the increasing share of inactive persons arising from degradation of living standards and quality life appears - as a priority - the formation of entrepreneurial skills with an active role in the establishment and revenue assurance as a prerequisite for being. Innovating entrepreneurship is centered on acquiring specific innovation management research methods, human capital development and establishment of a business incubator, as support for the implementation of business ideas and entrepreneurial spirit. The purpose of innovating entrepreneurship is to increase the competitiveness on the internal and external market of potential beneficiaries- technical- economic effects leading to increased productivity, accessibility to labor markets, increased interest in business and entrepreneurship idea. By applying the innovating entrepreneurship specific principles, it will be assured the evaluation and the development of the entrepreneur's economic performances.

PERHITUNGAN KERUGIAN ENERGI PADA PENYULANG TAMBAK LOROK-03 SEBAGAI SALAH SATU PILOT PROJECT PROGRAM REVASS (REVENUE ASSURANCE) DALAM PROGRAM REKONSILIASI ENERGI PT. PLN (PERSERO) AREA SEMARANG

Ruri Diana Putranti, Iman Setiono, in paper calculation of energy losses of Tambak Lorok - 03 feeder as one of the pilot project program REVASS (revenue assurance) in energy reconciliation program of PT . PLN (persero) semarang area explain that in an electric power system there is a factor called the loss factor or energy depletion . This shrinkage can be found in various places on the electricity network , from generation, transmission and distribution of both to consumers . The release of energy or commonly referred to as shrinkage , the harm to the company for commercial and service in large and small quantities . Pond feeder Lorok - 03 is one of the feeders are thought to have a large enough energy depletion . This feeder is in the working area of ​​PT . PLN Rayon East Semarang and is a feeder into the pilot established REVASS ( Revenue Assurance ) PT . PLN Semarang area . Based on mathematical calculations that have been carried out in February 2013 the amount of power loss in the feeder is 2,316,319 KWH , while in the month of March 2013 is 4,765,637 KWH and in April 2013 amounted to 18,809,238 KWH . The amount of power loss raises the average monthly percentage losses in the feeder that is between 10-20 % . This of course lead to a loss for the company , especially on the commercial side that is the size of the company to the customer's receivables . Therefore , a program in which reconciliation is REVASS this project , is one attempt to get the suitability amount of energy from the power sent to the power received at the customer . Keywords : Electric Power System , Network Distribution , Energy Losses , Reconciliation of Energy

Optimization of Revenue Assurance and Fraud Management System by Designing New KPIs: Case PTCL

increasing company dependence upon Revenue Assurance and Fraud Management (RAFM) processes and the rising complexities in sustaining an efficient RAFM structure, companies require a greater focus upon improving and integrating new elements into existing RAFM dynamics. Telecommunication companies are some of the most vulnerable businesses in the world when it comes to fraud and they are profound to ensure that all of its RAFM activities and processes are managed in a centralized fashion to ensure a complete end-to-end acuity across the organization. The main objectives of this paper are: Analysis of existing Key Performance Indicators (KPIs) of RAFM system, Identification of sources of revenue leakages and frauds in existing RAFM system and Designing of new KPI for optimizing RAFM system. This research will assist to improve RAFM practices and processes in order to guarantee that all revenues and profits are optimized for the business and the maximum value is delivered.

Improving the Security and Resilience of U.S. Postal Service Mail Products and Services Using the CERT ® Resilience Management Model

Developing and implementing measurable methodologies for improving the security and resilience of a national postal sector directly contribute to protecting public and postal employees, assets, and revenues. Such methodologies also contribute to the security and resilience of the mode of transport used to carry mail and to the protection of the global mail supply chain. Since 2011, the United States Postal Inspection Service (USPIS) has collaborated with the CERT® Program at Carnegie Mellon University’s Software Engineering Institute to improve the resilience of selected United States Postal Service (USPS) products and services. This collaboration has included projects dealing with incident response, export screening, authentication services, physical security and aviation screening for international mail, Express Mail revenue assurance, and development of mail-specific resilience management practices for mail induction, transportation, delivery, and revenue assurance. The CERT Resilience Management Model (CERT-RMM) and its companion diagnostic methods have served as the foundational tool for this collaboration. CERT-RMM is a capability-focused maturity model for improving an organization’s management of operational resilience activities across the domains of security management, business continuity management, and aspects of information technology operations management. These improvements enable high-value services to meet their missions consistently and with high quality, particularly during times of stress and disruption. This paper describes the USPIS/CERT collaboration, how CERT-RMM has been applied to meet USPIS project objectives, how project outcomes are contributing to improving the resilience of USPS products and services, and how similar use of CERT-RMM is applicable to other transportation sectors.

Analysis of Cost of Governance and Revenue Assurance

The paper aims at assessing cost of governance and revenue assurance mechanisms. The methodology adopted by the paper involves the use of quantitative data for 9 years, from 2002 to 2010, which was generated from the annual report an d accounts of the Central Bank of Iran. The data generated for the study was analyzed us phrasing and simple percentage analysis. The finding of the paper shows that Cost of go governance at state level has greatly increased in Iran. Similarly, the trend of Extra-Budgetary Expenditure put to question the implementation of budgets at the States. The paper conclude s that the task of reducing cost of governance for revenue assurance at states level does not rest on the executive, legislature and judiciary alone. It is task demanding the collective effort of all stakeholders. Finally, the paper recommends that there is the need to reduce recurrent expenditure to sustainable level through reducing waste, inefficiency, corruption and duplication in government, as well as, make capital spending more effective.

Consumer Contactless Transactions Using ARM9 Processor

Traditionally, mobile bills are paid either by cash, or credit/debit cards by standing in the queues at the operator’s showroom. Else it’s paid using some recharge coupons. This paper is a part of industrial project for users helping them to participate in value added services offered by mobile operators. Using their RFID tags, users can carry out transactions such as bill payments (postpaid), content downloads, recharge their prepaid connections, etc.., Mobile users can perform cash-less transactions. All this with easy-to-use, simple but intuitive touch of their handset to ‘target icons’. This solution with anytime, anywhere electronic talk time charging and bill payment in self service mode offers Mobile Network Operators a quantum leap in operational efficiency of their revenue assurance systems. It simplifies and speeds up day-to-day mobile transactions by their customers.

Lessons Learned in the Southern Region after the First Year of Implementation of the New Commodity Programs

The development of the commodity programs in the 2008 Farm Bill involved the origination of two complex revenue support initiatives. The two new programs, Average Crop Revenue Election (ACRE) and Supplemental Revenue Assurance (SURE), expanded the risk management tool kit of agricultural producers. The SURE program is a permanent disaster assistance program, whereas the ACRE program is a revenue-based commodity program offered as an alternative to the price-based Direct and Counter-Cyclical Program (DCP) created in the 2002 Farm Bill. For the 2009 signup, only 7.7% of eligible U.S. farms enrolled in the ACRE program. In the southern region, three states had no farms electing ACRE and four others had less than 50. Excluding Oklahoma, less than 1% of all farms in 13 southern states made the ACRE election.

Employing penetration testing as an audit methodology for the security review of VoIP

PurposeThe purpose of this paper is to discuss and amalgamate information security principles, and legal and ethical concerns that surround security testing and components of generic security testing methodologies that can be applied to Voice over Internet Protocol (VoIP), in order to form an audit methodology that specifically addresses the needs of this technology.Design/methodology/approachInformation security principles, legal and ethical concerns are amalgamated that surround security testing and components of generic security testing methodologies that can be applied to VoIP. A simple model is created of a business infrastructure (core network) for the delivery of enterprise VoIP services and the selected tests are applied through a methodically structured action plan.FindingsThe main output of this paper is a, documented in detail, testing plan (audit programme) for the security review of a core VoIP enterprise network infrastructure. Also, a list of recommendations for good testing practice based on the testing experience and derived through the phase of the methodology evaluation stage.Research limitations/implicationsThe methodology in the paper does not extend at the moment to the testing of the business operation issues of VoIP telephony, such as revenue assurance or toll fraud detection.Practical implicationsThis approach facilitates the conduct or security reviews and auditing in a VoIP infrastructure.Originality/valueVoIP requires appropriate security testing before its deployment in a commercial environment. A key factor is the security of the underlying data network. If the business value of adopting VoIP is considered then the potential impact of a related security incident becomes clear. This highlights the need for a coherent security framework that includes means for security reviews, risk assessments, and influencing design and deployment. In this respect, this approach can meet this requirement.

Using Hybrid Grey Model to Achieve Revenue Assurance of Telecommunication Companies

This paper presents a hybrid intelligent system to achieve revenue assurance of telecommunication companies. The proposed system combines the grey prediction and artificial intelligence techniques to achieve a more accurate problem detector with a higher availability than those traditional audit approaches could provide. In the telecommunication companies, each revenue leakage may reach hundred millions of dollars annually. However, most practical problems in revenue assurance are very complicated and uncertain and can only be solved by human resources. A hybrid prediction model is thus introduced to tackle the problems. How to optimize the prediction model and how to measure the performance with precision and recall rates are also discussed. The paper finally exploits the empirical errors of revenue leakage as test samples to measure the prediction ability of our proposed methods and demonstrates the potential of revenue assurance for telecommunication companies.

The Pricing of Revenue Assurance: Reply

In their comment, Yin and Turvey (YT) suggest an approach to overcome a potential problem with Stokes, Nayda, and English’s (SNE’s) methodology for valuing revenue insurance. The problem, as discussed in SNE and YT, is that farm gross revenue is not a traded asset. Therefore, revenue insurance, which is itself a derivative security (i.e., a security that derives its value from the value of another asset—in this case, farm gross revenue), is difficult to price using standard asset pricing methods because buying and selling the underlying asset to hedge away risk is not possible. SNE assume an equilibrium pricing function exists and, and in doing so, are left with one unobservable parameter in their pricing formula. YT’s comment is essentially to propose a method for eliminating this unknown parameter. The problem is that an underlying asset, for which a derivative security is written against, is not tradable. The importance of tackling this issue cannot be over emphasized and YT are to be commended for their efforts. Indeed, virtually no other research besides SNE and YT approaches the problem of premium determination for agricultural insurance from the perspective of treating the insurance as a derivative security. 1 The importance of doing so is that one gains access to contemporary asset pricing methodology. In this reply, we focus on two important issues related to the problems created by nontradability. First, we clarify the tradable versus nontradable distinction in terms of its implications for arbitrage free pricing. The results we present provide the necessary background for motivating YT’s equation (1). Whereas YT begin their comment by assuming an economy that justifies their equation (1), we provide a mathematical characterization of the economy that insures the equation holds. Taking this approach gives us the opportunity to define the issues YT raise more clearly because the mathJ.R. Stokes is assistant professor at the Pennsylvania State University, University Park, PA; W.I. Nayda is Manager of Financial Analysis and Development at Capital One, Inc., McLean, VA. 1 Counter examples include research by Turvey and Amanor