Fast-Growing Platform Changing the Way Carriers
Conduct Business with One Another
New Product Pipeline Nears Release
VIENNA, VA. – November 4, 2010 – iXLink, the business information exchange platform developed to automate the exchange of business transactions, today announced that it is now facilitating more than 10 million transactions per month. The company also stated the number of transactions will steadily climb in the months ahead as it continues to develop and add to its award-winning product line to meet growing demand.
“The steady climb in the number of transactions facilitated via iXLink is a testament to the best-in-class standards and technological excellence we have developed and implemented,” said Glen Kazerman, CEO, Telarix. “The iXLink platform and key products, Price List Receipt, Price List Distribution and Dial Code Mapping, have taken the industry by storm and are helping our customers to rapidly increase productivity while realizing significant cost savings.”
Founded in conjunction with some of the world’s largest carriers, iXLink provides a secure, reliable platform that enables service providers to quickly and efficiently access and share business documents among trading partners.
More than 1,200 carriers now rely on iXLink, making it the platform of choice among the world’s leading telecom carriers as well as among Tier-2 and emerging market providers.
iXLink and its best-in-class products have also quickly become industry standard, which in turn, has helped foster a collaborative environment amongst carriers. By providing a neutral exchange, carriers are able to conduct business with one another in total transparency and to resolve pricing discrepancies, invalid data and other errors through the automated tools now in place.
Demand Surges as Product Line Grows
The combination of iXLink’s innovative technology and leadership position is also driving demand for new iXLink products. Kazerman said several new products are in the pipeline and that one reason iXLink solutions are so universally embraced and anticipated is that product development is done in close collaboration with carrier’s management personnel, operations, and corporate finance & settlement groups.
One new iXLink product, scheduled for release this December, is an industry-wide electronic invoice exchange which will be the first product to address invoice verification, reconciliation and dispute management.
Just last year, iXLink introduced Price List Receipt with Dial Code Mapping, which radically simplifies a carrier’s ability to automate purchasing processes and take advantage of Telarix’s best-in-class dial code functionality to instantly analyze partner offers and eliminate financial and legal risks involved with dial code discrepancies.
By gaining real-time capability to analyze, validate and time stamp pricing, carriers are able to streamline supply chain management, lower costs and reallocate resources to other business areas.
"It is a huge, quintessential improvement over legacy systems and manual processes that have been the norm -- up to now," said Kazerman. "The ability to automate and utilize iXLink-enabled solutions is providing carriers additional avenues in which to reduce overhead and increase profit margins."
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iXLink is a neutral business exchange service designed specifically for the telecom industry. Created in conjunction with a number of the world’s largest telecom providers, iXLink provides a secure, reliable business-to-business information exchange platform that enables communication service providers to automate business processes as well as quickly and efficiently access and share business documents among their trading partners. iXLink is a business unit of Telarix Inc., the world’s leading provider of business information exchange and interconnect OSS/BSS solutions for content providers, IP service providers and global fixed and mobile operators. Please visit www.ixlink.com for more information.