RadiusPoint© Averages 157% ROI for Q04 | Orlando, FL, March 9, 2010
RadiusPoint© announces that our Client’s average Return on Investment is 157% for the fourth quarter of 2009. RadiusPoint© prepares quarterly reports so that each Client can track their spending levels and ROI to ensure that the partnership with RadiusPoint© is of benefit to their organization.

RadiusPoint© is able to audit the invoices on a monthly basis with ExpenseLogic™, RadiusPoint’s© proprietary software, which allows for a line item audit. This monthly audit encompasses services for telecom, including landlines, data circuits and wireless services, as well as energy, gas and trash. Errors are identified and reconciled with the vendor, which creates a credit or refund and avoids any future costs for the same charges. 

The RadiusPoint© client struggles with various daily elements that create situations that are sometimes beyond the ability of the internal staff to handle. Sometimes the simple tasks of receiving the multiple invoices and obtaining approval for payment in a timely manner can be the greatest issue. Many of the telecom invoices are multiple pages and have several types of services or elements of the services involved on one invoice. The utility invoices are more easily understood but, the various elements of usage must be entered into a smart software system for proper analysis. 

RadiusPoint’s© Telecom Expense Management (TEM) and Utility Expense Management (UEM) services involve a monthly management of the invoices and constant review of the charges from the vendors. The invoices are established in the ExpenseLogic™ software so that the charges for each location are 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. 

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. To provide a complete solution a Provisioning and Help Desk portal allows a company to centralize and validate the entire Procure-to-Pay Lifecycle. The organizations have this feature to manage and maintain the information for all orders placed as their locations continue to grow each year. 

RadiusPoint© provides a broad portfolio of business and technology expense management solutions to help its clients 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 processes and meets government regulated standards (Sarbanes Oxley) through SAS 70 certification. RadiusPoint’s© corporate headquarters are based in Memphis, Tennessee with a service office located in Orlando, Florida and provides services worldwide. 

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