With the expansion of operations and increased competitions with cost control restrictions, most of Telecom operators looking after such inquires
1. Do we have detailed accurate FAR identical to reality on ground
2. Are all POs and BOQs are detailed to level 4
3. Is the NBV of all assets are accurate and up to date
4. When the depreciation starts [from receiving , from service date , from purchase date]
5. Is the receiving process are manual based on technical team signature or automated based on asset start the service and carry traffic
6. How finance people can ensure of asset received while it shipped directly to sites
7. How we are tracking and maintaining the daily changes [movements , maintenance , retirement ]
8. How to avoid aged CIP
9. Can we accelerate the capitalization process
With EALM you can have
1. 360-degree real time visibility of all types of assets active passive and IT
2. Efficient Asset tracking & utilization enabling purchase optimization
3. Accurate and automatically updated FAR reconciled with existing assets
4. Reconstructed FAR with clear classification at Level 4.
5. Accelerated capitalization process
6. Better ability to negotiate the vendor prices and get better deals, based on historical asset data from financial and technical point of view
7. Better controls on asset life cycle from on boarding and capitalization, to movements and depreciations till the end of life and retirement
8. Automated receiving process based on automatic validation and verifications
9. Better analysis of assets utilizations and managing the demands
Our team of expertise coming from deep experience in Telecom industry, financial background, IT technology and audit are here to engage the EALM journey with you , normally we do it like below
Study stage
- Understand current processes and systems for asset management
- Analysis of existing FAR , PO dump and BoQ data
- Identification of all databases/ systems that need to be integrated
- Identification of processes for tagging and labelling for passive assets
- Scope finalization for Business Process review from asset hire to retire
Technical inventory pool construction - Telecom Network Auto discovery For RAN, transport, core, access , Shelves , Cards , Ports Through built-in ready-made connectors for NMS & EMS
- IT Network Auto discovery For Pcs , Servers, Routers, Switches and connectivity along with continuous content updates, with over 4K IT asset types
- Execute Passive Tagging & Physical Verification exercise for Passive Assets like Furniture, Site Equipment, Shelter, Battery, Air Conditions
- Technical inventory Data validation with relative teams
Financial / Technical consolidated inventory construction - FAR reconstruction at L3/L4 level
- Reconciliation of reconstructed FAR with Technical inventory [Passive , Active and IT inventory]
- Reconciliation of reconstructed FAR with Old FAR
Automation of asset management process - Asset Demanding / Planning process
- Asset procurement / negotiations process
- Asset On-Boarding /Receiving / Capitalization process
- Asset Movement and Maintenance process
- Asset Retirement process