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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?


 

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RadiusPoint signs European Representative in Rotterdam, The Netherlands

June 07
June 5, 2007 -- RadiusPoint announces the signing of the first European Representative agreement with Netherlands-based Investigo. This partnership will allow Investigo to offer the RadiusPoint services in Europe and in the United States the Investigo services will eventually be offered by RadiusPoint. “The relationship was natural from the very first meeting in February,” states RadiusPoint’s CEO Sharon Watkins
. ”Both of our companies offer such complimentary services that truly benefits the client in a complete energy management experience” continues Watkins. 

This partnership will benefit the European market by giving the business organizations the ability to not only have their buildings checked out to ensure efficiency, but also the software to validate the savings that will occur. The European Union has requested that all commercial buildings complete an energy check-up to identify any areas of waste and to increase efficiency which in turn will decrease CO2 emissions. RadiusPoint partnered with Investigo will be able to provide this and many other benefits to their client.

Investigo has a long history of providing Energy audits of buildings and is certified through the government to provide this service. The audits and findings are saving organizations millions and providing an environmental benefit in reducing CO2 emissions. Many companies must go through tedious steps to prove the savings, however with RadiusPoint’s software tool ExpenseLogic; the savings can be proven on a monthly basis without any extra time spent by the organization’s staff. Additionally, the RadiusPoint staff will manage the invoices and vendors and provide management reports at the end-user’s desktop in real time. 

RadiusPoint developed this technology-based, problem-solving software ExpenseLogic, to manage the daily issues and invoices that stem from a company’s Energy, Telecom and IT expenses. Deregulation of energy and gas commodities in Europe has created a confusing mix of vendors. The legacy billing platforms of the vendors have not kept up to pace with the service offerings which have lead to errors that do not benefit the organization. RadiusPoint’s partnership with Investigo provides a full menu of services to procure, audit and manage the monthly energy and gas expenses. 

The RadiusPoint and Investigo solution will benefit and assist small to very large multiple location companies in the areas of Finance, Operations and Technology. Conservation and future benefits are well proven with the organizations that use these solutions. Most organizations will see a Return on Investment within the first six months of utilizing the RadiusPoint and Investigo solution. 

RadiusPoint and Investigo have offices in Rotterdam, the Netherlands. This office will service RadiusPoint’s European and Turkey clients. 

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 on Demand 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 a service office in Rotterdam, the Netherlands and an expansion office opening in Instanbul, Turkey.



For additional information, please contact:

Sharon Watkins
RadiusPoint 
901-388-3106
sharonwatkins@radiuspoint.com
www.radiuspoint.com


 

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