Inventory Analytics

Razorsight Inventory Analytics

Cloud-Based Monitoring and Ensuring of Inventory Integrity through Ongoing Multi-way Correlation, Reconciliation, and Cleansing of Network Inventory

Telecommunications networks are constantly evolving to support mergers and acquisitions, new services, and new customers. Moreover, a typical CSP environment has multiple systems, databases, and inventory models with redundancy and overlaps. To effectively manage network costs, perform revenue analytics, and maximize margins, there needs to be an accurate and correlated circuit inventory repository that ties all aspects of the circuit together. This means that for a given circuit, customer, costs, revenue, and address information have to be in sync across all systems. This provides the baseline for performing cost and revenue assurance functions, maximizes network assets, and enables network optimization.

Razorsight Inventory Analytics is a cloud-based solution that harmonizes inventory data across multiple disparate sources and performs automated correlation, reconciliation, and cleansing of network inventory to ensure ongoing inventory data integrity. The web-based On-Demand solution offers service providers the ability to cleanse and correlate circuit information that is present in multiple systems such as inventory, billing, and vendor invoices to ensure that all circuits are accounted for and matched. In addition to matching circuit data using key fields, Razorsight Inventory Analytics uses the latest data cleansing and matching algorithms (e.g., fuzzy logic and grouping) to match records based on a similarity and confidence interval. This is extremely useful to match records that should be the same, but are different because of data entry errors or data migration and upgrade related errors.

Features of Inventory Analytics

  • Powerful data cleansing, enrichment, correlation, and reconciliation tools that 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.

Benefits of Inventory Analytics

  • Having correlated data that is critical to a service provider's day-to-day operations as well as a vital prerequisite for such activities as optimization, pricing, and margin analysis
  • Opportunities such as expense reduction, capital recovery, and revenue up-lift due to 1) circuits with costs but no revenue and 2) circuits with costs but not in inventory
  • Accounting issues such as "phantom revenue" can also be uncovered

Inventory Analytics