ATLANTA, Jan. 8, 2013 /PRNewswire/ -- Argo Systems, Pay TV's Business Engine, announced today that Suddenlink has implemented Argo's Nestor software to control programming costs and optimize accounting operations. With programming costs on the rise, managing and controlling this expense is a top priority for multichannel Pay TV operators of all sizes. Operators use Nestor to automate critical accounting processes, to ensure royalty payments are accurate, to build and manage programming budgets and to provide critical business reporting.
"Nestor allows us to calculate and process payments for all of our contracts with speed and accuracy," said Jim Fox, Suddenlink Senior Vice President and Chief Accounting Officer. "With Nestor in place, we have improved access to critical data and have freed resources to devote more time to analysis and strategic management of programming fees."
Nestor is the only software in the industry that combines payment processing functionality with the ability to build budgets and forecast programming expense. More than a payment tool, Nestor provides the business intelligence that multichannel operators need to make informed decisions about the financial implications of developing programming channel lineup and tier placements.
"Argo Systems is pleased to welcome Suddenlink as our latest Nestor client. We continue to offer our clients, both large and small, the best solution in the industry for managing their programming fees, contracts and channel lineups," said Jamie Cherlin, SVP of Sales at Argo Systems.
Suddenlink Communications (suddenlink.com) is the seventh largest cable operator in the United States, supporting the information, communication and entertainment demands of approximately 1.4 million residential and commercial customers in Arkansas, Louisiana, North Carolina, Oklahoma, Texas, West Virginia and elsewhere. Suddenlink simplifies its customers' lives through one call for support, one connection, and one bill for TV, Internet, phone and other services.
Argo Systems is a software company with unparalleled expertise in providing management solutions exclusively designed for the Pay TV industry. An Approved Provider of the NCTC, Nestor processes over $10 billion in programming expenses each year and is the preferred cost management solution for multichannel operators. Argo Systems is based in Atlanta, GA, USA. For further inquiries about Argo Systems, please contact email@example.com.
SOURCE Argo Systems