Lavastorm Upgrades Brain

Announces release 4.0 of its revenue assurance software

May 21, 2007

2 Min Read

BOSTON -- Lavastorm, a global provider of business assurance software and solutions, today announced a major new edition of its BRAIN revenue assurance software. The new 4.0 release is designed to transform the market by setting a new standard for easy audit configuration. It also changes how assurance software is priced and delivered, enabling a much wider scale and use of business assurance auditing within and beyond the communications service provider market.

BRAIN 4.0 aims to break the mould of traditional revenue assurance software with a product that is much more cost effective, scalable and easy to use. The new edition allows enterprises to provide sophisticated business assurance tools to a much larger pool of less technical users who need to easily and quickly audit critical data and processes such as billing, order management and provisioning.

Revenue assurance software has historically been costly to implement, inflexible and difficult to maintain. The introduction of BRAIN 4.0 addresses the challenges that had previously slowed the adoption and subsequent implementation of business assurance solutions, despite their clear financial, operational and compliancy benefits. Additionally, unlike competing products, customers benefit from Lavastorm’s per CPU pricing structure, which can be easily scaled from a single desktop to an enterprise wide system without compromising on functionality and features.

Using BRAIN 4.0 service providers can build and maintain complex and persistent audits across their entire revenue stream and value chain easier, more economically and more extensively than ever before.

As Mike Willett, Director of Fraud & Revenue Assurance at Telstra comments: “Two years ago, our exhaustive global search for the best end-to-end revenue assurance and provisioning alignment platform was awarded to Lavastorm. Since then, we have used Lavastorm's software and services as a key part of our Revenue Assurance initiatives. With this new release, we expect the increased ease of use and capability to allow us to more efficiently undertake revenue assurance testing to validate the completeness and accuracy of revenue generating events across Telstra's diverse product portfolio.”

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