Make the Most Of Your Assets Through Our Easy And Flexible Network Asset Management Software
Network administration is becoming increasingly difficult as networks scale across wired, wireless, and virtual IT environments, leaving network administrators in need of all the aid they can get. Telecom Network Asset Management software can help with the proper management of network assets, ensuring that Capex and Opex are kept in check. Simultaneously, regulatory and audit compliance is maintained. You can easily access essential information and manage events and workflows with a centralised repository for network assets.
Site Inventory Mapping
Telecom Network Asset Management software gives your site operations managers and asset administrators the insight and control they need over their inventory and their locations. These tools assist in the mapping of all assets on a site, including passive infrastructures like gensets, HVAC systems, site security, and active equipment like antennas, microwave backhaul, BTS, and RRUs, to ongoing telecom infra projects like tower rollout, construction, and maintenance. The resulting assets delivered to the sites are linked with the source request or project once operation teams produce material requests (Bill of Quantities or BOQ), which are often fulfilled through supply chain management systems. When your tower tenants ask for assets to be deployed on their properties, these assets are tagged with the customer order. As a result, every asset on a site has a source reference, which allows you to see where the asset came from.
Furthermore, Network Asset Management software makes it easier to link equipment lease agreements to site asset inventories, reducing revenue loss from unregistered equipment. This is a crucial component in ensuring a site’s profitability, and it’s easy to do thanks to the centralised nature of a site management platform. A properly integrated system captures contract abstraction with a complete history of expiry dates/renewal dates, as well as a document repository for these contracts.
Huge and expensive assets require regular upkeep, or they will stop working at any time. Maintenance does not always imply asset repair. The assets are thoroughly assessed during the maintenance procedure to determine the problem. Network Asset Management software is used to perform this maintenance in a proactive manner. This eliminates the possibility of a sudden asset collapse. Proactive maintenance cuts downtime and saves money in the long run by reducing losses.
Network asset management tools like asset tracking are crucial for operations managers during site deployments, daily operations, and decommissioning. To correct process flaws and uncover operational gaps, conducting audits and highlighting process deviations is critical. CSPs want a network auditing system that can automatically detect the addition, relocation, and removal of assets in the network and notify users if these changes are outside of recorded workflows. This data can also be utilised to make suggestions for process changes. Network asset management systems consist of a good Spare Management module that can track spare assets across the network and offer information on spare assets, as well as spare levels (min, max) and spare classifications. Users should also be able to start procedures to move extra assets for excess returns, repair, and fault replacement requests. A spare management module must also use predictive analytics to calculate the exact spare levels for each network site based on past fault data in network asset management systems.
AI-based Contract Management
Contract management in the telecom industry is a complicated task that involves a wide range of contract agreements. Comprehensive contract management with automation and AI capabilities is becoming increasingly important for telco teams. Operators want a Contract Management module that can ingest contract data from any data source, including ERP systems, map each contract to relevant network assets, and notify specific users or teams when contracts expire or contract line items are not covered. Enhanced efficiency and accuracy levels can be attained by integrating artificial intelligence into the contract ingestion mechanism with Network asset management tools.
You will be able to observe audit trails in telecom asset management software that chronologically capture and log events, providing historical evidence of actions made on an asset from installation to removal. Asset audit trails ensure that users are held accountable for their actions and that internal process criteria are met. Asset transaction information is more accurate, accessible, and usable thanks to audit trails created by automatic electronic logs using network asset management tools.
Run reports on a regular basis to evaluate and track asset data. It assists you in forecasting future demand and identifying bottlenecks in your procedures. The major goal of such reports is to help you achieve your business objectives and keep all of your assets working at peak performance. Network asset management tools like asset maintenance and service reports, asset usage reports, asset location reports, asset audit reports, and other useful reports can be generated using telecom network asset management systems.
Download this Case Study to how a South Asian CSP leveraged Subex’s Network Asset Management solution to get the most of their asset investments