RadiusPoint will provide invoice processing and telecom and utility expense management services for telecom, energy, gas, water, sewer and trash services, which includes management of the vendor to ensure accuracy.  The services include the management of the invoice from receipt to payment and then archival of the invoice image for future needs.  RadiusPoint also provides contract compliance reviews on a monthly basis and error detection and reconciliation to offer a complete telecom and utility/energy expense management solution. 

This quick service restaurant chain was founded in 1932 and boasts over 420 restaurants and more than 10,000 employees across the United States.  Over the past seven decades this organization has become a multi million dollar restaurant chain known for its fast service and signature sandwiches.

The staff responsible for the telecom and utility invoices had several needs that RadiusPoint will be able to fulfill.  With the fluctuations in the electricity and gas prices there were ongoing occasions of immediate reporting needs of monthly usage to identify budget discrepancies.  RadiusPoint will be able to assist the staff with reports that will identify those usage levels, as well as, report on the cost per day for telecom and utilities at each location.

RadiusPoint’s Utility Expense Management (UEM) and Telecom Expense Management (TEM) services involve a monthly management of the invoices and constant review of the charges from the vendors.  The invoices are established in the software so that the charges for each location would be allocated appropriately and in a timely manner.  RadiusPoint has the invoices processed for payment and allocated within a few days of the receipt of the invoice from the vendor.  The timeliness of the services enables the staff to review those important issues or services immediately and at their desktop instead of going through stacks of invoices. 

RadiusPoint developed ExpenseLogic, a single platform solution for Telecom and Utility Expense Management.  RadiusPoint, a technology-based company was developed specifically for those organizations that are seeking an expense management solution for Telecom, Utility, Energy and IT expenses on one software platform.   Providing this single solution platform is a key differentiator in the Telecom Expense Management (TEM) and Utility Expense Management (UEM) industry. 

ExpenseLogic is fourth generation technology-based, problem-solving software, used to manage the daily issues and invoices that stem from a company’s Telecom, Utility, Energy and IT expenses.  The Provisioning and Help Desk portal allows a company to centralize and validate the entire Procure-to-Pay Lifecycle.  The organizations will have this feature to manage and maintain the information for all orders placed as their locations continue to grow each year. 

The RadiusPoint solution will benefit and assist small to the very large multiple location or department organization in the areas of Finance, Operations and Technology.  Most organizations will see a Return on Investment within the first six months of utilizing the RadiusPoint solution.  RadiusPoint enters at the point of Utility and Telecom Expense Management confusion and brings centralization and validation to the procure-to-pay lifecycle of Telecom, Utility, Energy and IT expenses.  

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 with respect to Telecom, Utility, Energy and IT invoice and expenses. RadiusPoint’ uses ISO 9001:2000 processes and meets government regulated standards (Sarbanes Oxley) through SAS 70 certification.  RadiusPoint’s corporate headquarters is based in Memphis, Tennessee with services provided worldwide.

For additional information, please contact:
Sharon Watkins
RadiusPoint
901-388-3106
swatkins@radiuspoint.com
www.radiuspoint.com