Telecom operators have thousands of tower sites spread across different geographies. Each of these sites has its own passive infrastructure setup and operational cost in terms of rent, location, power consumption, fuel used, equipment installed etc. Multiple operators share the same tower site for installation of their active equipment, and distribute the cost of operation between themselves.
Telecom companies(Telcos) pay large sums of money to tower companies for infrastructure and energy consumption on a monthly basis. Rental fees are computed and paid based on the MSAs signed between Telcos and tower companies. Most of the time, MSAs are complex to understand, contains multiple clauses with addendums which adds to the complexity. Telcos have limited resources and mechanisms to reconcile and validate the bills and most of the time these activities are highly person dependent and prone to human errors which lead to monthly losses.
Data Reconciliation processes are required at different stages (Asset Management, Operator Billing, Vendor Billing, Diesel Allocation) of Telecom Tower Industry. Each business function (O&M, Finance, Opex Controller) performs several steps of reconciliation to reach to the desired outcome.
Each sites have approximately assets worth 30 lakhs and iRecon provides the full knowledge of what you own and its true potential which is the first and important step in developing a robust asset optimization strategy.
Infozech’s Reconciliation Engine: Infozech’s Reconciliation engine is a configurable tool which reconciles two or more data sets to identify data discrepancies along with a reason.
iRecon has two modules :
iRecon is the only system available in market which generates accountability and transparency in reconciliation process.
