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Gartner Market Guide for Utility CIS 2024

REVENUE
ASSURANCE CONTROL

HOW GOOD ARE YOU IN ANTICIPATING REVENUE LOSS?

Service providers are having trouble controlling and securing revenue-generating processes.

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IMPACT

Non-technical losses are often reaching up to 40% of total distributed power with costs estimated to be around USD $100 billion worldwide.
40%
Utilities are permanently battling against internal and external factors that threaten their financial health. According to a global study of University of Luxembourg, non-technical losses are a major concern for service providers.

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IDEAL SOLUTION

Control and supervise all operations and critical processes that bring revenue into the business by tracking all transactions performed by customers, staff and the system.

VALUE
PROPOSITION

Smartflex is committed to aiding the revenue assurance of your company through a comprehensive set of advanced applications. With Smartflex you can:

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  • Perform an analysis of each critical point of the business process to ensure transparency and quality.

  • Drive a higher collection of accounts receivable to boost the recovery of debts at high risk of default.

  • Act on time and prevent non-technical losses, thefts, leaks and other operational risks draining revenue.

  • Define profiles and roles, controlling user access to information and functionalities across the system.

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By leveraging from Smartflex’s capabilities, a utility company has been able to increase their total revenue by up to 10%.

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