RadiusPoint© Expands into Loss Prevention | Orlando, FL, June 12, 2012
RadiusPoint© announces the addition of Loss Prevention management to our suite of services. This expansion of services includes the management of services and invoices for armored trucks, security guards, CCTV equipment purchases and warranties, and alarms. Adding these services allows our Clients to see more of their expenses on one software platform by location. RadiusPoint© provides Business Process Outsourcing services for Telecom, Utility and Loss Prevention Expense Management services, as well as, Support Desk services for placing orders for services and equipment.
RadiusPoint© has been able to reduce the monthly fees on alarm costs by as much as 95% for some of our Loss Prevention Clients by managing permits for each location and reducing overall fees. Additional savings have been created by RadiusPoint© using the Inventory Management tool in our software that allows for a granular look at each piece of equipment and warranty information to further reduce erroneous equipment replacement charges.
RadiusPoint© is able to audit invoices on a monthly basis with ExpenseLogic™, RadiusPoint’s© proprietary software which allows for a line item audit. This monthly audit encompasses services for telecom, including landlines, data circuits and wireless services and energy, gas and trash. Errors are identified and reconciled with the vendor, which creates a credit or refund situation and avoids any future costs for those same charges. These charges are detailed and reported to the client when the credit on the invoices appears or the refund check is received. These activities impact the Client’s bottom line and ensure a positive ROI.
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 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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