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April 4, 2005
Contact: Jim Moore
jimoore@aventagroup.com
512.415.0682
(Austin, Texas) - Aventa Group, LLC, a professional marketing services company, has been engaged by S3 Matching Technologies to provide critical information, strategic relationships and opportunities for their groundbreaking products and services. Aventa Group will be providing S3 a wide range of communication services, as well as business development services for targeted clients in the public and private sector.
The traditional business and pricing models of auditing companies providing Telecom Expense Management services are being rendered obsolete as a result of automated systems developed by S3 Matching Technologies of Austin. The patent pending TeraMatch® platform, which provides Call Matching, Call Rating, Billing Certification, and Asset Management, all deliver immediate cost savings to customers, unlike contingency contracts with expense auditors, who maintain their revenues only by allowing systems and processes to remain broken.
"An auditor doesn't have any reason to point out mistakes early in the audit," said Jack Holt, CEO of S3. "Because they get a percentage of savings on what they discover, the longer an error is allowed to run the more money the auditor earns and the more their client loses. Our technology ends this type of pricing model. We find the mistakes, fix them, and start saving money for telecom customers."
TeraMatch® technology enables telecom customers to match their own inventory records against those of their carriers. Billions of lines of data can now be compared on a line-by-line basis to make sure a service was properly billed, routed, and rated, according to carrier contracts. When the S3 automated systems find errors, they are immediately reported and corrected. Auditors may not report billing errors until they have been allowed to run for some time, causing cash flow loss for the telecom customer and increased profit for the auditor.
Industry experts suggest that Telecom Expense Management auditors rely on contingency fees for as much as 80 percent of their revenues. If TEM vendors corrected billing mistakes when they were discovered, their fees would be dramatically reduced.
"The entire industry of TEM is motivated to keep the telecom industry inefficient," said Holt. "They are making a very good living off of those inefficiencies, letting them run up costs, and finally reporting the mistakes when it is time to get a check for a percentage of savings. Our TeraMatch® platform is an entirely new business model for TEM."
About S3 Matching Technologies (www.s3.com): S3 is an Austin, Texas based company dedicated to the development of technology and services focused on data integrity in high-transaction volume enterprises for Fortune 500 companies.
About Aventa Group (www.aventagroup.com): Aventa Group is a Santa Fe, New Mexico based company that is rewriting the rules of business development by providing affordable and effective marketing solutions that reduce risk, eliminate complexity, and provide enterprise control over business development in today's competitive marketplace.
Launched in 2001 with the goal of providing quality integrated business development services to a variety of industries seeking access to the governmental business marketplace, Aventa was formed to serve clients interested in maximizing their working relationships with governmental entities. Aventa focuses on "quality", whether it's lead generation, appointment setting, direct sales, or customer service.
For companies that need to ensure that quality of marketing information is accurate, dependable, and always on - Aventa Group provides business development solutions that just make sense.
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