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Success Story

Telecommunications: Accelerating Monthly Close via a Centralized RDM Platform

The Client

A leading telecommunications provider in the Middle East, this organization manages an extensive infrastructure landscape spanning mobile networks, enterprise IT systems, and shared financial services. Operating at this scale requires seamless coordination between Network, IT, Finance, and Shared Services – each with distinct data needs but an absolute requirement for a common, reliable view of costs and services.

The Challenge

The client faced significant barriers to financial transparency as a direct result of fragmented, siloed data management:

  • Fragmented Data Sources: Cost, service, and reference data were scattered across Network, IT, Finance, and Shared Services with no unified view, making enterprise-wide analysis unreliable.
  • Inaccurate Service Costing: The absence of a consolidated dataset made it difficult to calculate precise service-level and network costs, undermining profitability analysis and pricing decisions.
  • Delayed Financial Reporting: Manual reconciliation across multiple departmental systems extended the monthly close cycle, delaying executive reporting and downstream planning.
  • High Operational Overhead: Significant manual effort was required to bridge data gaps between departments, diverting technical and financial resources from higher-value activities.

The Impact

  • Accelerated Monthly financial close through elimination of manual reconciliation.
  • Precise Service-level and network costing enabling better margin management.
  • Unified Single source of truth across Network, IT, and Finance.

The Solution

Hoonartek implemented a Centralized Reference Data Management (RDM) Platform to harmonize the client’s distributed data environment. A governed single source of truth was established for all cost, service, and reference data — eliminating the fragmentation that had previously made cross-departmental analysis impossible.

Manual departmental follow-ups were replaced with a standardized, automated collection process for cost drivers and RFIs. A high-performance integration layer, built on REST APIs and optimized data storage, was deployed to allow enterprise applications to consume governed reference data in near real-time. The result was an operational model in which financial and technical teams work from the same reliable data, without the overhead of manual reconciliation.

Key Benefits

  • Accurate Service Costing: Enabled precise network and service-level cost calculations, providing the foundation for better margin management and pricing decisions.
  • Faster Monthly Close: Eliminated manual reconciliation between departments, directly accelerating financial reporting cycles.
  • Reduced Manual Effort: Automated collection processes significantly lowered the operational burden on both technical and financial teams.
  • Enterprise Governance: A single, governed repository ensures all reference data meets enterprise-wide quality and compliance standards.
  • Improved Data Quality: Structured collection workflows reduced human error and inconsistency across cost driver inputs.

Industry

Telecommunications

Region

Middle East

Company Size

~70,000+

Accelerated

Monthly financial close cycle

Precise

Service-level costing for improved margin management

Unified

Single source of truth across all divisions

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