RadiusPoint© Awarded Contract with Retailer for Loss Prevention Expense Management | Orlando, FL, October 5, 2011
RadiusPoint© announces the award of an Expense Management contract with a nationwide retailer.   The retailer operates more than 10,000 locations across the US and provides everyday household items to the general public.  This contract will create a partnership for RadiusPoint© to manage the security, fire alarm and prevention invoices, expenses and devices for their locations nationwide.
RadiusPoint© will provide the management of the invoice from receipt to invoice verification and contract validation and then archival of the invoice image for future needs. The allocation of the expenses down to a specific location and type of service will be a beneficial management tool that will save this retailer’s staff time and money. RadiusPoint© will also provide the Asset Management tool and services that will allow all equipment and warranty information to be stored in the same billing system, as well as, all permit numbers and renewal dates and costs.
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 would 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 softwareused 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 will 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 Memphis, Tennessee with a service office located in Orlando, Florida and provides services worldwide.

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