Biaas has applied its expertise in pricing and assurance analytics within the telecommunications market to numerous other industries where there is a similar High Volume Transactional Processing (HVTP) environment.
Pricing Managers in any industry where millions of daily transactions are processed all face similar key financial challenges:
- Ensuring accurate pricing for all transactions
- Maximising the financial margin on every transaction
- Implementing robust price change control processes
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Getting any of the above only partially correct will lead to significant margin erosion, which will adversely impact profitability. Given that pricing errors can often be difficult to detect, it is important that companies work with experts to recover their lost profits.
Biaas has a track record of working with financial, pricing and assurance teams to implement correct prices, to accurately measure margins, and to enhance the change control process in HVTP environments.
The quantified business impact for our clients is in excess of £100 million in terms of recovered margin. Biaas’ Pricing & Assurance Services are tailored to meet the industry-specific requirements for each client.