Automated Correlation, Reconciliation, and Cleansing of Network Inventory
As a result of substantial volumes of daily moves, adds and changes as well as numerous mergers, and acquisitions, technology upgrades and network grooming projects, it’s extremely common for the network inventory database to become inaccurate. We typically see match rates between the inventory of record and billed inventory as low as 50%. An accurate inventory of record is essential to maintaining optimal margins across products and customers as well as controlling network costs.
The inventory reconciliation and audit process is time consuming and extremely manual. Thanks to Razorsight’s proprietary technology, communications providers can now harmonize inventory data across multiple, disparate sources and perform automated inventory correlation, reconciliation, and cleansing to ensure ongoing data integrity. Razorsight’s application works across multiple systems as well, which is extremely beneficial after acquisitions. We’ve reconciled millions of circuits and billions in costs across numerous inventory systems. Some of our customers had more than 10 different inventory systems. Inventory Analytics allows you to cleanse and correlate circuit information present in multiple systems such as provisioning, inventory, billing, and vendor invoices to ensure that all circuits are accounted for and matched. Razorsight’s advanced inventory audit services deliver these advantages in a complete telecommunications inventory management solution.
- Powerful data cleansing, enrichment, correlation, and reconciliation tools automate the correction of inaccuracies and prevent their recurrence in the networks
- Flexible reconciliation options allow use of CSP-specific business rules and preferred workflows to update the Circuit Data Master and keep it clean on an ongoing basis
- Delivers correlated data critical to day-to-day operations and vital to optimization, pricing, and customer and product margin analysis
- Reduces expense, allows recovery of capital assets and increases revenue
- Identifies network elements with costs but no revenue and elements with costs but not in inventory
- Divulges accounting issues such as "phantom revenue"