RadiusPoint© Awarded Contract with Grocery Chain Retailer | Orlando, FL, December 14, 2012
RadiusPoint© announces the award of an Invoice Processing and Inventory Management contract with a nationwide grocery retailer. The retailer operates more than 241 locations that include a transportation company and wholesale warehouse locations. The chain provides a complete selection of groceries, yard and garden supplies, plants, fresh-cut flowers, and gift items. The need for detailed itemization of each invoice including all service charges created the need for RadiusPoint’s© management expertise. This contract will create a partnership with RadiusPoint© to manage the telecom and utility invoices and expenses for their nationwide locations and distribution facilities. 

RadiusPoint© will provide invoice processing and expense management services for telecom and utility services and invoices. The services include the management of the invoice from receipt to invoice verification, and then archival of the invoice image for future needs. The allocation of the expenses down to a specific type and location was a benefit that will save this retailer’s staff both time and money. Additionally, RadiusPoint© will provide inventory and optimization management for all services. 

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 will be 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. 
Logic is a fifth 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. An organization would 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 worldwide 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 is based in Orlando, Florida with a service office located in Memphis, TN, and provides services worldwide.
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