NEW YORK, NY--(Marketwire - September 30, 2010) - EMS Financial Services LLC, a leading global funds disbursement and software company for the telecom industry, announced today that England's SLiMTel is leveraging its leading billing management solution -- EMS TrafficNet. As England's premier mobile virtual network operator, SLiMTel will utilize EMS TrafficNet to automate billing and invoicing process in an effort to reduce costs and increase operational efficiencies.
SLiMTel is a Virtual Network Operator (VNO) with Tier-1 partners for both Bandwidth and Voice termination. Its next-generation network is voice-ready, delivering low-latency and premier performance. The company's range of core services include: IP Telephony, IP Connectivity, Mobile Services, Microsoft Hosted Messaging and Collaboration, Unified Communications, as well as Carrier Services.
"When you're operating in the fast-paced, constantly changing world of telecommunications, every bit of cost-reduction you can gain is crucial to your bottom line," said Kashaf Bashir, managing director, SLiMTel. "One area of cost savings we immediately identified was in the area of invoice and bill generation and management."
After initially leveraging labor-intensive and highly manual processes for creating, distributing and managing invoices, the company realized a more automated approach was necessary. Bashir continued, "When you create and manage your billing process manually, it soon becomes a costly process. To get a handle on these issues, we needed to take the complexity out of billing."
EMS TrafficNet was designed just for that purpose -- offering a powerful, easy-to-use system to manage all facets of the wholesale telecommunications market, including: automated mixed-cycle billing, high-volume rate management, comprehensive rate verification, advanced traffic analysis, as well as specialized reporting functions. Customers turn to EMS for TrafficNet's:
- Ease-of-Use: Short implementations enable companies like SLiMTel to accelerate their ROI
- High Powered Performance: Industrial strength components from Microsoft to Oracle offer a scalable, reliable and robust system
- Remote, Web-Management: Eliminating costly client updates and management issues
- Advanced analysis and reporting: Ships with over 100 pre-defined reports
The cost savings associated with moving from manual invoicing (mostly paper-based) to an automated e-invoice platform is undeniable. According to a September 2009 article in eCommerce Connexion ("Optimizing Financial Operations with e-Invoicing"), companies can realize greater than 50 percent savings by automating their invoice processes.
For SLiMTel specifically, Managing Director Kashaf Bashir noticed savings even when comparing TrafficNet to competitive solutions. He estimates that TrafficNet generates about 15-20% more savings than other solutions -- the end result of which is an estimated $100,000 of savings over static vendors: "By implementing EMS TrafficNet, we were able to set up a system quickly and easily which immediately boosted our cost savings."
As calls are terminated, SLiMTel instantly generates a Call Data Record (CDR). This CDR is streamed to TrafficNet every hour. Under strict security protocols, EMS TrafficNet keeps and holds onto all the information for those calls, evaluates them, and allows for management of the entire process. Additionally, Kashaf Bashir and his team now have remote access to the TrafficNet platform. Easy access to the platform eliminates the need for an employee dedicated to the billing process 24x7.
Kashaf Bashir said, "TrafficNet takes away the full-time job of managing invoices and empowers us to focus on higher-priority issues. This entire process happens with the click of a button."
For companies like SLiMTel, EMS TrafficNet offers a range of solutions to support billing, routing and traffic -- as well as comprehensive bridge, credit and insurance services geared towards helping clients expand and grow their businesses securely.
Moving forward, SLiMTel will continue its use of TrafficNet and plans to expand to exploit the product's broad-based functionality. "TrafficNet definitely delivers on its promise -- no question. It just makes our lives simpler," Bashir states.
About EMS TrafficNet
As a leading global funds disbursement company, and the financial firm the telecom industry trusts, EMS Financial Services LLC, founded in 1999, secures financial transactions between multiple telecom parties by offering complete financial security and transaction visibility while protecting confidential network relationships. EMS TrafficNet Billing and CDR Reconcile Solutions is a revolutionary billing, rating and traffic management solution that manages all facets of the wholesale telecommunications environment including automated mixed-cycle billing, rate management and notification, route verification and advanced traffic analysis through specialized reports and functions. Powered by Concept-Tel, EMS TrafficNet provides a tier-one level of management for all traders while delivering increased profitability through detailed margin analysis, traffic monitoring and least cost routing. EMS TrafficNet offers a unique technologically advanced platform that ensures a risk free trading environment tailored to enhance and protect any business.
For further information on EMS TrafficNet visit http://www.emsfinancialservices.com/ or contact 877-367-9935.
Contact Information:
Contact:
Jackie Abramian
BridgeView Marketing (For EMS)
207-439-0963
Jackie@bridgeviewmarketing.com