Solutions

Overview – Our Billing Reconciliation Solution, iRecon, resolves issues related to discrepancies in tower-type records across departments, offering a unified asset register and accurate Master Service Agreement (MSA) configurations. With a central asset repository, the solution enhances transparency, ensures billing compliance, and simplifies bill validation with a single click. Its analytical capabilities empower organizations to optimize costs by considering factors like rental, consumption, EB rates, and performance-based bonuses/penalties. Overall, Infozech’s Billing Reconciliation solution stands as a game-changer, streamlining asset management and boosting financial performance in the telecom sector.

Offering – Billing Reconciliation and Asset Reconciliation

Challenges

• • • Lack of Central Repository: Mismatch of tower-type records in different copies of data with Finance, O&M, and Inventory
    • Unoptimized Asset Data/No single source of truth leads to:
      • 10-30% of fixed assets are no longer owned
      • 65% of fixed asset data is inaccurate, incomplete or missing
      • Multiple copies of the same data in every department
    • Poor financial performance:
      • The top 30 Telcos have a $2.4 trillion book value of assets
      • Average Debt to Equity Ratio across top 30 Telcos >1, Highly leveraged
      • 15-16% of sales invested in fixed assets each year
    • No Asset Tracking:
      • • Lack of real-time tracking of Asset movement (DG, Battery or BTS) from one site to another
        • Incorrect entry of mode of procurement ( Sold, Purchased or leased) of the same asset in different copies of data
    • Poor Billing Compliance: Missing records of Request for Installation (RFI) & Request for Service (RFS) dates in parameters for billing

Features

• Maintain a unified asset register
• Accurate MSA configuration
• Provide analysis to reach an optimal cost
• Bill validation

Key Benefits

• Centralized asset repository
• Transparency
• Compliance
• Bill validation on a button click
• Trend analysis to arrive at optimal cost based on

• Rental
• Consumption
• EB rate

• Bonus/penalty for best/worst site/circle