Project Background

Against the backdrop of deepening state-owned enterprise reforms and promoting the sharing of telecommunications infrastructure resources, China Tower shoulders the mission and responsibility of deepening resource sharing, serving the national strategies of "Network Power" and "Digital China," and promoting the high-quality development of the information and communication industry. With shareholders also serving as customers, a business model emphasizing sharing, highly dispersed assets, and high business homogeneity, China Tower faces significant challenges.

The Super Automation Platform by RongZhi facilitates China Tower in achieving digital connectivity among customers, products, assets, and services. It helps in the deep integration of business and finance, expands the scope of financial sharing, and provides solutions for the company to achieve the value management goals of low cost, high efficiency, and excellent service.

Project Description

Integrated Financial Management:

China Tower's assets are numerous and widely dispersed, with millions of towers spread across the country, totaling 20.4 million asset cards per month, and an average of 110 sites managed per person. The RongZhi Super Automation Platform has constructed a transparent and efficient financial process operation system for China Tower, strengthening asset lifecycle management.

Dynamic Monitoring of Asset Resources:

Site resources are the core resources on which China Tower depends for survival, requiring continuous improvement in site sharing levels to solidify asset operation foundations. The RongZhi Super Automation Platform realizes the digitalization of asset resources, achieving real-time dynamic monitoring of full resources and comprehensive display of information such as single-site cost, revenue, cost, and gross profit margin.

Automated Project Funds:

The financial sharing platform, facilitated by iBot, achieves automatic accounting, assembly, and capitalization of engineering projects without human intervention throughout the process. It efficiently and accurately transfers massive data between business and financial systems, greatly reducing the workload and achieving digital management of 1.95 million sites. It classifies and manages three types of master data—customers, suppliers, and owners—achieving standardized unification of 2 million master data.

Project Results

The digital construction and operation journey of China Tower is the company's path to achieving value management objectives, and it is the inevitable choice to create an intensive, specialized, efficient, and refined operation mode. The cooperation between the two parties aims to maximize resource sharing, with financial value management as the guide, making full use of new ideas, new technologies, and new models to deepen the integration of business and finance. This promotes the integration of business processes, financial processes, and management processes, ensuring that the entire process of enterprise operation is digitally integrated, consistent, and shared between business and finance. This innovation and upgrade in financial operational management mode effectively support the improvement of enterprise quality and efficiency, ensuring the realization of strategic objectives.