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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?
Solutions |
Licensed SoftwareAsset ManagementBusinesses or organizations are losing millions on an annual basis due to untraceable assets that are not recovered upon the termination of an employee or the closing of a location. The ExpenseLogic system has the functionality to maintain the growing list of assets including defining serial numbers and lease or maintenance contracts. The Asset logs are automatically updated and refreshed when orders are placed for equipment through the Provisioning portal. The management of this data eliminates the need for multiple spreadsheets and provides accurate reporting corporate wide. ExpenseLogic Asset & Inventory Management screenshot :  ExpenseLogic’s Asset Management tool tracks all of your services and equipment installed at each of your locations. ExpenseLogic will track your lease obligations, terms and cost and will track your hardware model numbers, serial numbers, installation dates and maintenance agreements for each piece of hardware or software and will include all features and expansion information. |
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