OVERLAND PARK, Kan., March 26, 2009 (GLOBE NEWSWIRE) -- TMNG Global (Nasdaq:TMNG), a leading provider of management consulting services to the communications, media and entertainment industries, today announced an expansion of its proprietary methodologies and toolsets to help companies increase revenues and drive cash flow improvements. Specifically, the expanded offering comprises TMNG eLexicon(tm), TMNG QBC(tm) (Quality Business Controls), TMNG QSA(tm) (Quality Systems Audit) and Ascertain(tm).
"In this challenging economic environment, driving cash flow improvements is the top-of-mind issue," said Rich Nespola, CEO of TMNG Global. "Aside from cost-cutting, forward-thinking companies need a new approach and new tools to improve cash flow, drive revenues and conserve cash. By taking a proactive approach in reviewing existing business and operating models, service providers can potentially recover millions of dollars annually by properly addressing gaps in their CAPEX and OPEX processes."
To help companies drive cash flow improvements, TMNG Global has created a tailored offering based on its proven proprietary methodologies and toolsets that begins with issue identification through solution implementation. This proprietary methodology is a proven process that guarantees success and allows TMNG to assess systems and processes in an efficient, timely manner; while minimizing the impact on a company.
* TMNG eLexicon(tm) is a web-based, comprehensive business requirements framework of over 5,000 requirements across 46 categories which enables a thorough assessment of system requirements and operational efficiencies. * TMNG QBC(tm) comprises a multi-dimensional revenue integrity discipline that identifies service activation and revenue process problems, their root causes and enables the design and implementation of solutions. * TMNG QSA(tm) provides a comprehensive and rigorous evaluation of an organization's information technology systems, as scored against industry best-practice benchmarks. * Ascertain(tm) is a flexible, configurable revenue management and data integrity toolset that provides timely evaluation of processes, metrics and control points; which when used following cash flow changes, monitors and maintains the gains.
"The current economic environment is forcing all service providers to evaluate and scrutinize all of their business processes and systems to improve bottom line performance," said Robert Pons, SVP - Capital Markets, TMNG Global. "These toolsets, combined with the in-depth operational expertise and successful track record of TMNG Global, has proven to be the winning formula to enable our clients to generate significant cash flow improvements."
TMNG Global's proven methodology focuses on taking a proactive approach to the following five imperatives for improving cash flow:
* Assess existing order-to-cash process * Ensure accuracy in monitoring the network-to-bill process * Systems must properly support business and operational processes * Proactive management of controls, measurement and reports * Manage partner settlements across entire value chain
TMNG Global possesses the depth of strategic and operational expertise with communications, media and technology companies to address the most complex strategic challenges and operational efficiencies; ensuring an accelerated and optimized approach to improved cash flow.
More information on TMNG Global's approach to cash flow improvement can be found at www.tmng.com
About TMNG Global
TMNG Global (Nasdaq:TMNG) is a leading provider of professional services to the converging communications industry. Its companies, TMNG, CSMG, Cartesian and TWG Consulting, and its base of over 600 consultants, have provided strategy, management, and technical consulting, as well as products and services, to more than 1200 communications service providers, entertainment, media, and technology companies and financial services firms worldwide. The company is headquartered in Overland Park, Kansas, with offices in Boston, Chicago, London, New Jersey, New York, Shanghai and Washington, D.C.