Case Study: Saudi Telecom modernizes program asset and liability management with RapidValue Solutions

A RapidValue Solutions Case Study

Preview of the Saudi Telecom Case Study

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Saudi Telecom worked with RapidValue Solutions to modernize its legacy Program Asset Liability Administration System (PALAS), an internal business application used by finance and accounting teams to manage programs, assets, and liabilities. The existing system had been custom built in the early 2000s and needed a complete overhaul, including a new architecture, redesigned databases, backend platform, and front-end application.

RapidValue Solutions re-engineered PALAS by redesigning and developing core modules, restructuring business logic, optimizing the database, and migrating separate instances into a single centralized system. The solution added enhanced forecasting, reporting, audit logging, searchable user activity, and flexible filters, while also enabling better control over contracts, stations, and write-off allocations. As a result, Saudi Telecom gained centralized application management, stronger security for admin controls, improved accessibility across web browsers, and richer reporting with historical change tracking.


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