Memphis,
TN August 7, 2007 -- RadiusPoint, A TSG
Enterprises Company announces the
achievement of Safe Harbor certification
in May 2007. RadiusPoint is one of a
very few Telecom and Energy/Utility
Expense Management providers that have
this type of certification. This
certification will assure the European
clients of RadiusPoint that their data
is being protected by standards created
by the European government.
The European Commission’s Directive on Data Protection went into effect in October 1998, and would prohibit the transfer of personal data to non-European Union nations that do not meet the European "adequacy" standard for privacy protection. The safe harbor -- approved by the EU in 2000 -- is an important way for U.S. companies to avoid experiencing interruptions in their business dealings with the EU or facing prosecution by European authorities under European privacy laws. Certifying to the safe harbor will assure that EU organizations know that your company provides adequate privacy protection, as defined by the Directive.
Data that is transmitted outside the European Union is subject to the standards of the Safe Harbor laws. This data is any information that is linked to a person’s name. Most often this falls in the realm of financial or human resource information and the sensitive nature of this information must be protected. RadiusPoint transmits data linked to a person’s name that is used in the processing for payment of Mobile invoices. This data consists of call detail, the calls that a person makes and receives from their wireless device. RadiusPoint uses this information to provide reports of number of calls, number of minutes used and various other reports that will help the employer determine the use of a mobile device for which the employer is paying the monthly fees.
Many employers are using RadiusPoint a Mobile Expense Management company or Telecom Expense Management (TEM) company to manage the monthly expenses that are being incurred by their employees. “This is an excellent way to cut down on the use of the mobile phones, because if users know that the calls and costs are being monitored, they will use less,” states Sharon Watkins, CEO of RadiusPoint. European companies have all of the same worries of mobile phone users than their counterparts in the U.S., and therefore need this type of management. Furthermore, the Safe Harbor certification will allow European companies to work with U.S. companies without the concern of the security of the data that is being transmitted.
RadiusPoint uses their proprietary software ExpenseLogic, to retrieve, audit and manage the data that is provided by the mobile vendors. Many manual steps that a company must take to verify the invoices accuracy and to allocate the cost of each user to a specific department can be automated by using ExpenseLogic. This automation allows the RadiusPoint staff to easily audit the data and manage the user’s calls and plans.
RadiusPoint provides a broad portfolio of business and technology solutions to help its clients worldwide improve their business performance in the area of Utility Expense Management (UEM) and Telecom Expense Management (TEM). Providing this single solution platform is a key differentiator for RadiusPoint in the Telecom Expense Management (TEM) and Utility Expense Management (UEM) industry. Core services consist of Business Process Outsourcing (BPO), Software as a Service (SaaS), and License Software with respect to Telecom, Utility, Energy and IT invoices and expenses. RadiusPoint’ uses ISO 9001:2000 certified processes and meets government regulated standards (Sarbanes Oxley) through SAS 70 certification. RadiusPoint’s corporate headquarters is based in Memphis, Tennessee with a service office on the fourth floor of the World Trade Center in Rotterdam, The Netherlands. A second service office is scheduled for opening in Istanbul, Turkey by the end of 2007.
For additional information, please contact:
Sharon Watkins
RadiusPoint
901-388-3106
swatkins@radiuspoint.com
www.radiuspoint.com
The European Commission’s Directive on Data Protection went into effect in October 1998, and would prohibit the transfer of personal data to non-European Union nations that do not meet the European "adequacy" standard for privacy protection. The safe harbor -- approved by the EU in 2000 -- is an important way for U.S. companies to avoid experiencing interruptions in their business dealings with the EU or facing prosecution by European authorities under European privacy laws. Certifying to the safe harbor will assure that EU organizations know that your company provides adequate privacy protection, as defined by the Directive.
Data that is transmitted outside the European Union is subject to the standards of the Safe Harbor laws. This data is any information that is linked to a person’s name. Most often this falls in the realm of financial or human resource information and the sensitive nature of this information must be protected. RadiusPoint transmits data linked to a person’s name that is used in the processing for payment of Mobile invoices. This data consists of call detail, the calls that a person makes and receives from their wireless device. RadiusPoint uses this information to provide reports of number of calls, number of minutes used and various other reports that will help the employer determine the use of a mobile device for which the employer is paying the monthly fees.
Many employers are using RadiusPoint a Mobile Expense Management company or Telecom Expense Management (TEM) company to manage the monthly expenses that are being incurred by their employees. “This is an excellent way to cut down on the use of the mobile phones, because if users know that the calls and costs are being monitored, they will use less,” states Sharon Watkins, CEO of RadiusPoint. European companies have all of the same worries of mobile phone users than their counterparts in the U.S., and therefore need this type of management. Furthermore, the Safe Harbor certification will allow European companies to work with U.S. companies without the concern of the security of the data that is being transmitted.
RadiusPoint uses their proprietary software ExpenseLogic, to retrieve, audit and manage the data that is provided by the mobile vendors. Many manual steps that a company must take to verify the invoices accuracy and to allocate the cost of each user to a specific department can be automated by using ExpenseLogic. This automation allows the RadiusPoint staff to easily audit the data and manage the user’s calls and plans.
RadiusPoint provides a broad portfolio of business and technology solutions to help its clients worldwide improve their business performance in the area of Utility Expense Management (UEM) and Telecom Expense Management (TEM). Providing this single solution platform is a key differentiator for RadiusPoint in the Telecom Expense Management (TEM) and Utility Expense Management (UEM) industry. Core services consist of Business Process Outsourcing (BPO), Software as a Service (SaaS), and License Software with respect to Telecom, Utility, Energy and IT invoices and expenses. RadiusPoint’ uses ISO 9001:2000 certified processes and meets government regulated standards (Sarbanes Oxley) through SAS 70 certification. RadiusPoint’s corporate headquarters is based in Memphis, Tennessee with a service office on the fourth floor of the World Trade Center in Rotterdam, The Netherlands. A second service office is scheduled for opening in Istanbul, Turkey by the end of 2007.
For additional information, please contact:
Sharon Watkins
RadiusPoint
901-388-3106
swatkins@radiuspoint.com
www.radiuspoint.com
