RadiusPoint Provides an Impressive Third Quarter ROI!
FOR IMMEDIATE RELEASE
RadiusPoint Announces Clients’ Average ROI of 797% for third quarter of 2017
Orlando, FL December 26, 2017—RadiusPoint has announced an outstanding Return on Investment (ROI) of 797% for their clients for the third quarter of 2017. This ROI was the result of RadiusPoint’s monthly audit of invoices and optimization of the services that accumulate into Costs Avoided and credits and refunds. As long as the telecom and utility vendors provide invoices, there will be errors and RadiusPoint’s team uses proven processes of identifying these systemic billing errors. RadiusPoint identifies those errors on a monthly basis, reconciles with the vendor to return the overcharges and then verifies the savings with the vendors. RadiusPoint prepares quarterly reports for each client using Key Performance Indicators (KPI’s) to track spending levels and ROI to ensure that their partnership with RadiusPoint is beneficial to their organization.
RadiusPoint’s proprietary software, ExpenseLogic is able to audit vendor invoices on a monthly basis. ExpenseLogic provides a line item audit encompassing services for telecom (including landlines, data circuits, and wireless services), energy, gas, trash, and loss prevention expenses.
When errors are identified and reconciled with the vendor, a credit or refund situation is created, therefore avoiding future costs for those same charges. These charges are detailed and reported to the client when the credit on the invoices appears, or when the refund check is received. These activities impact the clients’ bottom line and ensure a positive ROI.
Founded in 1992, RadiusPoint is a leading provider of Communication Lifecycle Management (CLM), Telecom Expense Management (TEM), Utility Expense Management (UEM), Loss Prevention Expense Management (LPEM) and Mobile Device Management (MDM) services. With corporate headquarters in Orlando, Florida, RadiusPoint provides a broad portfolio of business and technology solutions to help its clients improve business performance worldwide.
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