Case for Change
Telecommunications is a mammoth industry, comprising companies that make hardware, produce software, and provide services to communicate via telephone, mobile, computer network, wireless network and other communication systems. Telecom business involves investments in huge Capex such as network towers, switches, fiber optic transmission cables, telephone handsets, etc. With the volatile market, market competition, technology advancement and changing business scenarios, key stakeholders tend to forecast their profit and loss by product categories such as Prepaid services, Postpaid services, Internet services, Value added services, etc. This solution increases the efficiencies in business operations and better planning for Telecom Operations, Capex, Workforce, Opex and ultimately better profit margins.
We offer a self service business application integrated with the transactional system that provides platform for better planning, budgeting & forecasting. The application is built as per the best practice from Telecom business, enabling the business users to manage the solution directly with minimal / no IT involvement. The application is built on the world class Planning Budgeting Cloud Service (EPBCS) from Oracle.
- Linkage of Strategic plan with Operational plan, Manpower, Capex and Opex plans to achieve overall organizational goal/ strategy.
- Strongly binding operational activities with financial goals
- Intuitive and easy to use role based web interface
- Access the application from Microsoft office products like excel, word, outlook, etc
- Top down and bottom up planning
- Built in commentary and annotation capabilities
- Flexible approval workflow features
- Excellent data validation rules to avoid approval / rejection cycles
- Robust reporting and ad-hoc analysis with formatting and charting options
- Automated integration with source systems for data upload
- Accessibility from mobile and tablet devices
- Facilitates finance in decision making process
- Facilitates Budget write back to ERP towards Online Budgetary control
- Easy for Finance users to prepare on the fly dashboards / reports.
- Enables complete audit trail
- Total control over entire planning process, strategic planning, long term plans & business forecast
- Improved accuracy in calculation of subscriber base, minutes of usage, network traffic, Average Revenue per user & total sales turnover by product/ service. •
- Fully automated and driver based planning, activity based planning and forecasting
- Driver based plans to forecast prepaid, postpaid and internet plans
- Optimize manpower requirements & calculate staff cost, increment / bonus, end of service benefits, etc.
- Planning for operational and overhead expenses based on trend
- Planning for capex by asset and automated depreciation calculations
- Feasibility study for new Capex Investments & ROI study
- Setting and monitoring operational and financial KPIs
- Measuring KPIs of sales and regional managers – Postpaid / Prepaid services, Value added services, etc
- Consolidated financial statements and Actual Vs Budget variance analysis at the group level.
- A very flexible and scalable solution
Key Solutions Points
- Streamline the Planning & Budgeting process with utmost accuracy
- Strategic & Long term planning based on Revenue ratios
- Plan for the upcoming period collaboratively
- Increase the accuracy of ARPU / MOU / APPM calculations
- ROI calculations & Feasibility study for huge Capex investments
- Plan based on drivers/ activities, incremental/ zero based planning
- Forecast in precise manner by what if analysis / scenarios
- Interlinkage of all plans & automated budget financials
- Facilitates automated Cash flow & Balance sheet planning
Provides a step by step process oriented workflow
Analyze profit performance / KPI / Ratios
Preparing Operational Plan by services
Driver based planning for Marketing events
Group level P&L Dashboard & charts / graphs
Online approval workflows