RadiusPoint© Awarded Contract with Home Improvement Retailer | Orlando, FL, August 21, 2012
 RadiusPoint© announces the award of an Invoice Processing and Inventory Management contract with a nationwide retailer for home improvement merchandise. The retailer operates more than 270 locations providing a complete selection of high-quality, name brand merchandise with the tools, materials, and supplies for all your home improvement needs. The need for detailed itemization of each invoice including kWh, therms, and all service charges created the need for RadiusPoint’s© management expertise. This contract will create a partnership with RadiusPoint© to manage the utility invoices and expenses for the nationwide locations and their distribution facilities. 

RadiusPoint© will provide invoice processing and expense management services for 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 is a benefit that will save this retailer’s staff 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. 

ExpenseLogic is 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 invoices 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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