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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 SoftwareExpenseLogic Report ResourcesRadiusPoint truly offers a tailored approach when it comes to the reporting tools utilized within Expense Logic, RadiusPoint’s proprietary software tool. The filter capabilities allow for users to mine specific data needed for their department, Cost Center, Location, Region, District, etc. The ExpenseLogic software meets the needs of the Financial, Operations, Telecom, IT and Utilities/Facilities departments by offering the following types of reporting capabilities to all users right at their desktop.
ExpenseLogic provides the database of information at your fingertips that will ensure your spend is correct before the payment leaves your office. RadiusPoint takes a boutique approach in creating a tailored set-up with ExpenseLogic for your organization. Every detail that makes your organization run efficiently will be built into the ExpenseLogic database. ExpenseLogic makes the impossible to manage invoices, easily managed, audited and paid on time. “You create it” feature allows the end user to mine the database for specific information. ExpenseLogic boasts the most versatile capabilities in this robust reporting resource to give you what you want, in the format that you need, when you need it. You can choose from various fields, specific date ranges, and vendor type in order to create a specialty report that will meet your needs. |
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