Subex Ltd, a leading global provider of operations and business support systems (OSS/BSS) for communication service providers (CSPs), has recently launched Asset Assurance, a Data Integrity Management (DIM) solution. The solution will enable CSPs to identify and discover expensive and rapidly changing network assets, thereby enhancing the accuracy of asset management and inventory systems.
Discovery of network assets poses multi-fold challenges to operators today. CSPs are unable to track up to 30 percent of the network assets accurately and the primary reason for this is that maintenance of data is often manual, leading to data sources going stale and out-of-sync with the network. This results in avoidable CapEx and low return on assets. Operators are often unable to gauge if new assets are being deployed by vendors as per specifications. Another challenge is the reconciliation of leased line costs to actual usage. The biggest hurdle they face, however, is in enforcing financial controls and ensuring accurate financial reporting. Ernst &Young estimates that 60 percent of service providers worldwide painstakingly verify their ¬fixed asset registers annually through costly but inefficient manual network audits.
Asset Assurance identifies and discovers complex, expensive and rapidly changing network assets by monitoring and certifying asset tracking processes, like barcode scanning and network audits. This results in better financial control over assets; including recovery of stranded assets, better regulatory compliance, more accurate depreciation and tax calculation as well as optimized asset deployment.
Subex’s leading DIM system, TrueSource, is the foundation of Asset Assurance.