Reduce Telecom Expenses by Automating Invoice Processing & Managing Disputes
Monthly fixed and mobile telecom invoices are detailed, complex, and difficult to understand. For organizations with extensive networks and high spend, invoices can be hundreds of pages long, compounding the challenge of review and reconciliation. As a result, many organizations do not know their true communications spend and are paying more than necessary—including charges for billing errors, slamming and cramming, late payments, unused services, and more.
VeraSMART Invoice Management dashboard (click to enlarge)
Generate Strong ROI with Telecom Invoice Management
Telecom Invoice Management can generate strong ROI and serve as a cornerstone of a broader Telecom Expense Management solution deployed over time. Our solution reduces invoice-processing costs, helps eliminate late payment penalties, and improves the accuracy of validation against both configurable thresholds and contract pricing. Alerts can be programmed to notify you a wide variety of exceptions, including:
- New billing number for invoice account
- Invoice charges outside of product threshold
- Account number not on contract
- Wireless plan change
- Charges from unfamiliar service providers and pay-per-use services such as directory assistance and *69 calls
"Veramark's depth of experience in electronic invoicing made them the best choice for cutting expenses through automation." Read press release >
- Brandon McNulty, Director of Technology, Intl. Speedway Corp. |
End-to-end tracking of invoice-related disputes
Invoice errors identified during the validation process can be effectively handled through VeraSMART's Dispute Management workflow, which allows you to track and manage the full lifecycle of every invoice dispute, from inception to resolution. VeraSMART's Dispute Management capability ensures the rapid recovery of credits owed to you, alerts you when disputed charges reappear on future invoices, and can provide you with leverage in negotiating optimal plans and contract terms with service providers.
Part of Veramark's TEM Solution
Telecom Invoice Management is just one capability of Veramark's Telecom Expense Management solution. Seamless integration with other VeraSMART components helps you leverage your telecom data and streamline TEM business processes to maximize savings, compliance, and control.
For more information about Telecom Invoice Management, please contact Veramark at info@veramark.com