Invoice Management

It’s no surprise that more than 50 percent of large organizations don’t know their exact communications spend. Monthly fixed and mobile telecom invoices are detailed, complex and, for some Fortune 500 companies, over 100 pages in length.

Manual processing of telecom invoices has become virtually impossible for many organizations, with the average mid-market enterprise receiving more than 50 invoices per month. The intricacies of ever-changing inventory, hundreds of thousands of rate plans, and complex terms and conditions result in invoices that are “rubber stamped,” or incur penalties due to late payment. With Aberdeen estimating that 7-12 percent of all communications invoices are in error, clearly businesses are leaving money on the table.

Inventory Management

Managing the day-to-day of an organization’s fixed and mobile communications inventory is like trying to hit a moving target in the middle of a hurricane. Inventory is in a perpetual state of flux, with new orders and moves, adds, changes, and disconnects (MACD) to existing inventory continually changing the landscape, making it a challenge to stay accurate and tie expenses back to the appropriate cost centers or users.

Corporate Advocates Inventory Management provides:

• A single, enterprise wide  repository of inventory by contract, cost center, entity and employee
• Automatic tracking of changes to each attribute (profile, products, rates, monthly activities)
• Alerts for under/non utilized inventory, products, and services
• Better planning and management of company wide products and services