Memphis, TN, September 26, 2007
RadiusPoint© announces the new contract for Utilities Expense Management services for Shelby County Schools located in Tennessee. Shelby County Schools is the fourth largest school system in Tennessee and has a population of over 45,000 students.

Shelby County Schools operates 48 schools from Kindergarten through 12th grade throughout Shelby County. RadiusPoint© was chosen by Shelby County Schools after carefully reviewing RadiusPoint’s© current client base. With the success of previous clients, RadiusPoint© was selected to manage the Utility expenses that had become difficult to manage with the current growth rate of Shelby County Schools. 

The Shelby County Schools Accounts Payable Staff will be utilizing ExpenseLogic™, the single platform solutions for Telecom and Utility Expense Management developed by RadiusPoint©. The RadiusPoint© staff will enter all paper invoices and upload electronic or EDI invoices on a monthly basis, as well as reconcile errors with the vendor on a pro-active basis. The RadiusPoint© staff will also be able to help with vendor contract compliance and Service Level Agreement management.

According to the Aberdeen Group in their 2006 report, The Cost of Not Acting, “Enterprises forfeit 12% to 18%, if they do not have a proactive approach to cost management that leverages technology and process improvements through business process outsourcing, hosted or licensed software. Shelby County Schools chose the Business Process Outsourcing solution rather than purchasing a software license and then being responsible to input all of the data on a monthly basis. 

The RadiusPoint© solution will benefit and assist small to the very large multiple location companies 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 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© is ISO 9001:2000 certified and meets government regulated standards (Sarbanes Oxley) through SAS 70 certification. RadiusPoint’s© corporate headquarters is based in Memphis, Tennessee with expansion offices located in Rotterdam, The Netherlands and Istanbul, Turkey.

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