Delivers the Transparency and Traceability Tango S.A. Requires
Zurich, Switzerland; 14 October 2014 – Tango S.A. chose Starhome Mach’s Financial Clearing to deliver transparency and traceability. Starhome Mach is the global leader in mobile inter-carrier network and clearing services.
“Starhome Mach’s Financial Clearing provides complete transparency and control over the entire financial clearing process, which was not available in our previous clearing solution,” said Jose Rey de Mena, Chief Accountant at Tango S.A. “The technology allows us to do things that we simply could not do previously such as drive and influence all stages of the financial clearing process online. Our business processes have been simplified and accounting accuracy is now optimized.”
Tango S.A. has complete control of its cash management process throughout the entire settlement cycle, while integration with Starhome Mach’s Business Management tool allows comprehensive drill down from a full summary to individual invoices and payments. Cross netting is provided seamlessly across periods to further optimize mobile operator cash flow.
Starhome Mach customers are the first in the mobile industry to have full visibility of the foreign exchange process, with transactions performed directly in their own bank accounts, clearly seeing actual rates and costs associated with the process.
Meanwhile, data and financial clearing are treated as one unified process, ensuring a single clearing experience from call to cash, eliminating traditional causes of payment delays and rejections.
“Financial clearing is no longer a black box,” said Bruno Pagliuca, COO Starhome Mach. “As a major player in the roaming industry, we continue to answer the challenges our customers face daily. This time, we’ve done it by modernizing financial clearing.”
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About Tango S.A.
Tango is the leading alternative operator in Luxembourg, offering fixed and mobile telephony, Internet and TV services.
Thanks to its wide portfolio of products, effectively tailored to meet the needs of its residential and business customers, 283,000 customers currently place their trust in Tango.
Since its foundation in 1998, Tango has pursued a policy of innovation which has allowed it to respond effectively to its customers’ needs in terms of quality of service at the best price.
Strengthened by a powerful distribution network with 11 Tango and 10 partner points-of-sale, Tango is committed to also providing technical assistance to all its customers through its technical service.
A member of the Belgacom Group since 2008, Tango now has an even greater international dimension.
The partnership concluded with Vodafone allows Tango to offer highly competitive rates for calls made from abroad, along with a wide range of offers and cutting-edge services.
Tango S.A. Press Contact
Violette Montagnese
Head of Communication
177, rue de Luxembourg, L-8077 Bertrange
T: +352 27 77 71 01 – M: +352 691 777 244
[email protected]
About Starhome Mach
Starhome Mach drives mobility forward, adding value through enabling technologies for global and cloud connectivity. We sit within and between 300 operators in more than 130 countries.
We remove boundaries, giving subscribers the freedom to roam across network technologies and geographies.
For operators, our solutions provide one place to manage the wholesale and retail inter-carrier business while deriving more value from the underlying networks. We link operators and applications to create truly global mobile applications.
The company’s three main offices are located in Switzerland, Luxembourg and India. It also has a worldwide network of support locations providing local support and professional services.
Starhome Mach Media Contacts
Lori Lichtblau
Global Marketing Manager
Starhome Mach
+41-44-380-6777
[email protected]
Amy Kenigsberg
K2 Global Communications
+1-913-440-4072 (+7 ET)
[email protected]
www.k2-gc.com