SOX News

Detectent Launches Revenue Protection Consulting Services

(March 27, 2008)-- Detectent, the leader in detection of un-metered service for utilities, has been helping utilities reduce unaccounted for energy and increase recovered revenues since 2004. By applying its advanced analytics to electric, gas and water metered-service data, Detectent detects theft of service, incorrect metering, non-registering meters, and billing errors that if left unchecked, cost a utility millions of dollars in lost revenue each year. In launching Revenue Protection Consulting Services, Detectent is taking another major leap in advancing the value and effectiveness of Revenue Protection for the utility market.

Detectent’s Revenue Protection experts have significant utility experience including an investor owned electric utility in one of the largest and oldest cities in North America; and having executed strategies on safeguarding utility revenue with half-century old meters, as well as, the latest in AMI and AMR technology.

One offering of the consulting services is the One-Day Revenue Protection Practice Review, a simple effective process for painlessly auditing revenue protection practices. In one day, an expert will conduct an onsite review of the organization structure, internal tip generating tools, external tip programs, caseload tracking systems, evidence handling procedures, bill calculation methods, and Revenue Protection case handling procedures.

The need for effective revenue protection practices has never been greater. AMR and AMI projects continue to remove the ‘eyes and ears’, the meter readers, from the street leaving metering equipment unchecked for years. Unprecedented rate increases put greater pressure on ratepayers. Sarbanes Oxley requires tracking and tighter control of revenue. Deregulation is creating tougher competition – and the list goes on.

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