Challenges

120px-Edit-copy_purple.svgAn enterprise processes thousands of communication invoices a year of voice & data, which is a very tedious task. And managing & controlling communication spend becomes very intricate activity, especially with resrouces being scarce and ill-equipped for the job at hand.

These inefficient labor-intensive processes, limited visibility, lack of proper validation in charges, no accountability and higher costs to manage telecom leads to
•    Invoice processing inefficiencies
•    Delays in processing bills
•    Lost bills and manual search for billing information
•    Overpayment for billing errors and duplicate payments
•    Limited visibility into spending and no measures to compute performance
•    No automation for flagging contract expiration
•    Ineffective performance analysis
•    Delays in budget planning
•    Lack of control over expenses
•    Ineffective dispute management, escalation, and unresolved claims

Solution

Transition your manual & laborious invoice management activities to a systematic financial disciplined way – Free up your team’s valuable time from Processing paper and electronic billing media, validating invoice accuracy, performing cost allocations [mapping AP/GL codes, cost centres], securing payment approval and paying bills

Telecom Invoice Processing

Activities120px-Gnome-colors-alacarte.svg

  • Invoice receipt / receipt logging
  • Invoice data load into technology system
  • Invoice charge validation
  • Cost center / chargeback allocation
  • Invoice approval
  • Generating payment batch files
  • Invoice remittance / funds transfer
  • Payment reconciliation
  • Payment dispute resolution

Benefits120px-Folder-documents

  • Control & Manage invoice entry, reconciliation, payment
  • Review invoice for accuracy
  • Tracking invoice progress as they are process
  • Control on aforementioned discrepancies
  • Accurate Charge validation
  • Avoid duplicate charges, and late payments
  • Move your key personnel to more strategic activities
  • Free your limited resources from the manual tedious daily activities

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