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Lack of resources
Many companies have down-sized the staff that processes their telecom and utility invoices. With the increased invoice lead time and multiple invoice types for all locations, most companies already do not have the staff to analyze and audit the invoices from procurement to payment of the invoice. How can RadiusPoint manage the entire telecom and utility invoice lifecycle?
Lack of accurate inventory
Most companies do not have an up-to-date inventory of the services, equipments and contracts that make up their entire telecom and utility environment. The multiple vendors and carriers involved with these services and a decentralized ordering process are most often the culprit. How can RadiusPoint help your organization?
Lack of automation
Processing each invoice takes time and finding errors within these invoices takes even more time. Achieving invoice payment and validating each charge on the invoice is the ultimate goal and responsibility of the Accounts Payable department and many companies do not have the staff or technology it takes to fully analyze and pay the telecom and utility invoices. How many late payments are assessed to your organization for not getting the invoice processed and paid in time? Find out how RadiusPoint's ExpenseLogic software can assist your organization.
Decentralized/maverick spending
Enterprise customers with multiple locations and multiple employees who are allowed to place orders for services and software experience maverick every day. A decentralized ordering process creates confusion within the organization and creates an increased expense due to the inability to use centralized spending for global purchasing power and leverage existing contract rates for the most competitive pricing for telecom and utility requirements. Find out now how RadiusPoint can control maverick spending and create a centralized order repository for your organization's telecom, IT and utility invoices and services.
Insufficient Expertise
Most telecom and utility analysts within an organization only analyze the service costs for the current month compared to the previous month. Most organizations do not have the staff with the level of expertise necessary to perform detailed analysis of these invoices and services. How can RadiusPoint's certified staff help you manage your telecom and utility invoice lifecycle?
News & ResearchPress ReleasesJuly 10RadiusPoint Averages 165% ROI for Q01 June 10 RadiusPoint Adds Ty Marquez for Client Support Specialist June 10 RadiusPoint Adds Martin Wells for Business Development Show All... June 10 RadiusPoint Expands Orlando Office March 10 RadiusPoint Enhances Software Offering March 10 RadiusPoint Averages 157% ROI for Q04 January 10 RadiusPoint Averages 188% ROI for Q03 January 10 RadiusPoint Signs Third Party Logistics Organization November 09 RadiusPoint creates Q02 ROI of 234% for National Healthcare Provider November 09 RadiusPoint creates 448% ROI for National Healthcare Provider July 09 RadiusPoint signs Nationwide Manufacturer June 09 RadiusPoint signs partner deal with Lexair May 09 RadiusPoint Expands Business Intelligence October 08 RadiusPoint Signs SMS Holdings August 08 RadiusPoint Expands to Orlando June 08 RadiusPoint Signs Checker's Drive In Restaurant March 08 RadiusPoint Signs Nationwide Restaurant Chain January 08 RadiusPoint named as Hot 100 2007 Fast-Growing Companies in Tennessee December 07 RadiusPoint signs National Vision, Inc. October 07 RadiusPoint to Exhibit at the 2007 BAI Annual September 07 RadiusPoint Contracted by Shelby County Schools August 07 RadiusPoint Recovers Over $180K for Client July 07 RadiusPoint Recovers Over $1 Million for Client July 07 RadiusPoint Begins Heijmans Pilot Project July 07 RadiusPoint signs Check Into Cash, Inc. July 07 RadiusPoint hosts European Representatives July 07 RadiusPoint Begins Heijmans Pilot Project June 07 RadiusPoint signs European Representative in Rotterdam, The Netherlands June 07 RadiusPoint signs Germany Representative June 07 TSG Enterprises Achieves Sarbanes Oxley Compliance Through SAS 70 Audit May 07 RadiusPoint to exhibit at the IAPP Conference in Dallas, TX April 07 TSG Enterprises Announces New Name & Software April 07 RadiusPoint's CEO featured in Vacature Magazine article April 07 RadiusPoint contracted by Cubic Corporation for Expense Management Business Process Outsourcing Services December 06 TSG Enterprises named among the Top Small Businesses in the United States by DiversityBusiness.com |
Press ReleasesRadiusPoint contracted by Cubic Corporation for Expense Management Business Process Outsourcing ServicesApril 07Memphis, TN April 24, 2007 -- RadiusPoint announces the new contract for Business Process Outsourcing services for Cubic Corporation. Cubic Corporation is the parent company of two major segments: Cubic Transportation Systems and Cubic Defense Applications. Cubic is a San Diego, CA based company that has approximately 5,950 employees and has 140 locations worldwide that conducts business on five continents. “The staff responsible for managing the telecom expenses was doing a great job”, states Marilu Clifton, Vice President of Operations for RadiusPoint, “however some companies need more information to manage the telecom billing services and expenses.” Information is not readily available on the invoices and therefore takes too much time to extract to make solid business decisions that affect the company’s bottom line. “Managing telecom expenses on a monthly basis is not an easy task,” says Sharon Watkins , CEO of RadiusPoint, and the telecom vendors do not structure their billing and contracts to make this job any easier.” The Cubic Accounts Payable Staff will be utilizing ExpenseLogic, the single platform solutions for Telecom and Utility Expense Management developed by RadiusPoint. The RadiusPoint staff will enter all paper invoices and upload electronic or EDI invoices on a monthly basis, as well as reconcile errors with the vendor on a pro-active basis. The telecom department will be able to create management reports at their desktop that will allow for better vendor management and budget allocations. The RadiusPoint staff will also be able to help with vendor contract compliance and Service Level Agreement management. According to the Aberdeen Group in their 2006 report, “The Cost of Not Acting”, “Enterprises forfeit 12% to 18%, if they do not have a proactive approach to cost management that leverages technology and process improvements through business process outsourcing, hosted or licensed through the Business Process Outsourcing solution rather than purchasing a software license and then being responsible to input all of the data on a monthly basis. The RadiusPoint solution will benefit and assist small to the very large multiple location companies in the areas of Finance, Operations and Technology. Most organizations will see a Return on Investment within the first six months of utilizing the RadiusPoint solution. RadiusPoint enters at the point of Expense Management confusion and brings centralization and validation to the Procure to pay lifecycle of Telecom, Utility, Energy and IT expenses. RadiusPoint provides a broad portfolio of business and technology expense management solutions to help its clients worldwide improve their business performance. Core services consist of Business Process Outsourcing (BPO), Software as a Service (SaaS) and License Software with respect to Telecom, Utility, Energy and IT invoice and expenses. RadiusPoint’ is ISO 9001:2000 certified and meets government regulated standards (Sarbanes Oxley) through SAS 70 certification. RadiusPoint’s corporate headquarters is based in Memphis, Tennessee with expansion offices located in Rotterdam, The Netherlands and Istanbul, Turkey. For additional information, please contact: Sharon Watkins RadiusPoint 901-388-3106 sharonwatkins@radiuspoint.com www.radiuspoint.com |
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