RadiusPoint© began a pilot project for Heijmans in Holland on June 1, 2007 to provide Utility Expense Management services to manage the energy invoices and expenses for their locations. RadiusPoint© will provide invoice processing and utility expense management services for the energy and gas services and management of the vendor to ensure accuracy. The services include the management of the invoice from receipt to payment and then archival of the invoice image for future needs. RadiusPoint’s© staff also provides contract compliance reviews on a monthly basis and error detection and reconciliation to offer a complete utility expense management solution. 

Heijmans is the second largest listed property development, building, infrastructure and installation engineering company in the Netherlands. Outside the Netherlands, Heijmans operates in the United Kingdom, Belgium and Germany. At the end of 2006, the company employed approximately 9,200 employees. Together they achieved revenues of almost €3 billion and a net profit of around €82.5 million. 

The Heijmans Property Development division is one of the largest property developers in the Netherlands, with nine regional business locations/operating companies. Heijmans Property Development focuses on the initiation, development and sale of primarily homes: the division derives approximately 95% of its revenues from the housing segment. Heijmans also builds shops, offices, business premises, schools and care establishments. Commercial property development accounts for approximately 5% of the division’s revenues.

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

RadiusPoint© developed this technology-based, problem-solving software ExpenseLogic™, to manage the daily issues and invoices that stem from a company’s Energy, Telecom and IT expenses. Deregulation of energy and gas commodities in Europe has created a confusing mix of vendors. The legacy billing platforms of the vendors have not kept up to pace with the service offerings which have lead to errors that do not benefit the organization. RadiusPoint© partnered with Symbision located in the Netherlands, will provide a full menu of services to procure, audit and manage the monthly energy and gas expenses. 

RadiusPoint© developed ExpenseLogic™, a single platform solution for Telecom and Utility Expense Management. RadiusPoint©, a technology-based company was developed specifically for those organizations that are seeking an expense management solution for Telecom, Utility, Energy and IT expenses on one software platform. Providing this single solution platform is a key differentiator in the Telecom Expense Management (TEM) and Utility Expense Management (UEM) industry. 

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. The Provisioning And Help Desk portal allows a company to centralize and validate the entire Procure-to-Pay Lifecycle. The Heijmans staff is eager to use this portal for Help Desk issues that arise at the various facilities. The electronic method of reporting trouble at the various facilities will save the Facility Managers, located at the main facility, hours on the phone. The portal will also give instant information on the status of troubles placed by multiple end-users.

The RadiusPoint© solution will benefit and assist small to the very large multiple location or department organization in the areas of Finance, Operations and Technology. Most organizations will see a Return on Investment within the first six months of utilizing the RadiusPoint© solution. RadiusPoint© enters at the point of Utility and Telecom Expense Management confusion and brings centralization and validation to the procure-to-pay lifecycle of Telecom, Utility, Energy and IT expenses. 

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 9001:2000 certified 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 on the fourth floor of the World Trade Center in Rotterdam, The Netherlands. A second service office is scheduled for opening in Istanbul, Turkey by the end of 2007.
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