FOR IMMEDIATE RELEASE
Orlando, FL July 10, 2018—RadiusPoint has announced a remarkable Return on Investment (ROI) of 790% for their clients for the first quarter of 2018. This ROI was the result of RadiusPoint’s monthly audit of invoices and optimization of the services that accumulate into Costs Avoided and credits refunded. As long as the telecom and utility vendors provide invoices, errors will occur. RadiusPoint’s priority is to identify those errors on a monthly basis, reconcile with the vendor to return the overcharges and then verify savings with the vendors.
RadiusPoint’s intelligent cloud-based SaaS, ExpenseLogic, performs a line item audit for telecom services by wireline and wireless numbers, data circuits as well as Utility Services by meter number, electricity, gas, and trash, keeping vendors in check with how they are billing the services. A quarterly report is prepared 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.
When a credit or refund situation is created, future costs for those same charges will be avoided and 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 to ensure a positive ROI.
Founded in 1992, RadiusPoint is a leading provider of Telecom Expense Management (TEM), Wireless Expense Management (WEM), Mobile Device Management (MDM), and Utility Expense Management (UEM) 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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