How many invoices can your team process in a day’s time? Do you have enough people to get all of the invoices paid on time to avoid disconnects and service interruptions? In today’s tight labor market, ensuring that your invoices are paid on time can be a never ending issue Getting behind is not an option but happens often when more invoices come in to be processed but there is not enough staff to handle the work
How many invoices can your team process in a day’s time? Do you have enough people to get all of the invoices paid on time to avoid disconnects and service interruptions? *Cloud-based telecom and utility expense management tool that supports operations, telecom, and finance with data analytics.
In today’s tight labor market, ensuring that your invoices are paid on time can be a never ending issue Getting behind is not an option but happens often when more invoices come in to be processed but there is not enough staff to handle the work
ExpenseLogic can set a limit for any line item detail identified in a contract, creating one of the most thorough continuous audits in the industry Meticulous management of the contract ensures that the rates promised during the Proposal and Sourcing phases are being delivered, and that the savings show up on your bottom line
Contract Management is easy with ExpenseLogic’s Contract Management database The Contract Management database ties the service or devices and equipment with the contract and gives the capability to view the actual contract document Email notification 90, 60 days prior to expiration ensures that your contract expirations won’t be missed
Billing errors are the scourge of an efficient organization, and most companies don’t have the time or personnel for auditing and reconciliation of every invoice RadiusPoint’s invoice audits, error identification and reconciliation produce a savings of over 25% with no sales, no carrier or vendor changes required
The reason is RadiusPoint’s software ExpenseLogic, takes the guesswork out of auditing and reconciling invoices on a monthly basis Limits are set for each line item and then ExpenseLogic audits against them on each and every invoice for maximum vendor accountability This billing invoice validation process is a proactive expense management approach and a proven method for saving money
Service disconnects can be costly, not only from the time it takes to research the past due charges, but also from the reconnection fees and service interruptions Loss of business can cost thousands of dollars for each day that a location cannot conduct business Avoiding the service interruptions should be priority number one for any Accounts Payable department
The RadiusPoint Invoice Processing service tracks the entire lifecycle of an invoice The ExpenseLogic platform helps you manage the accuracy, processing, and payment of your telecom invoices This includes loading both paper and electronic invoices into the system, coding the charges, creating an exceptions report, setting up approval for payment, and interfacing with your current financial systems