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Providing Business Solutions to the Energy Industry
(This firm is not a CPA firm)
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revenue assurance
control desk
® PATENT PENDING
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Revenue Assurance Control Desk ® PATENT PENDINGThe Revenue Assurance Control Desk (RACD®), created by Kopac Consulting, marries revenue assurance concepts of the telecommunications industry with the control desk standard used by manufacturers in maintaining statistical quality control to create a new solution for utilities and retail energy providers. The essence of a RACD involves setting up a sustainable process to baseline operations, monitor revenue risks, audit for recoveries, investigate inquiries, and recommend process improvements. A RACD solution is a formal structure for managing your company's end-to-end revenue processes. It can be set up as a separate department, or as a process within your company. A RACD's value was proven through a case study—enclosed. In that study, a pilot test of one market, with sales of approximately $210M showed a range of potential losses of 1.9% to 6.65% of revenue. This reflected a net of costs benefit range of $4-14 million, on a three-year present value basis. Extrapolating this revenue at risk over the case study company's entire revenue of $5 billion, translated to a benefit range of $95M to $332M.
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| Copyright 2008 © KopacConsulting LLCSM. All rights reserved.|9595 Six Pines Drive, Suite 8210|The Woodlands, TX 77380|info@kopacconsulting.com|832.631.6101 | ||||
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