Memphis, TN, June 9, 2008
RadiusPoint© announces the new contract for Business Process Outsourcing services for Checker’s Drive In Restaurants to provide Telecom and Utility Expense Management (TEM & UEM) services to manage the telecom and utility/energy invoices and expenses for their locations.
RadiusPoint© will provide invoice processing and telecom and utility expense management services for telecom, energy, gas, water, sewer and trash services, which includes management of the vendor to ensure accuracy. The services include the management of the invoice from receipt to invoice verification and then archival of the invoice image for future needs. RadiusPoint© also provides contract compliance reviews on a monthly basis and error detection and reconciliation to offer a complete telecom and utility/energy expense management solution.
Checkers®/Rally’s® is the nation’s largest chain of double drive-thru restaurants with two drive-thru lanes and a walk-up window in more than 800 locations. Each restaurant is ideally positioned for today’s on-the-go guest. The staff responsible for the telecom and utility invoices had many invoices to deal with on a daily basis and needed a report feature that would shorten the time between the service provided and the actual reporting of the usage. RadiusPoint© will be able to assist the staff with reports that will identify those usage levels, as well as, report on the cost per day for telecom and utilities at each location.
RadiusPoint’s© Utility Expense Management (UEM) and Telecom Expense Management (TEM) 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.
RadiusPoint© developed ExpenseLogic™, a single platform solution for Telecom and Utility Expense Management. RadiusPoint©, a technology-based company, developed this solution 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. 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.
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 theRadiusPoint© 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 processes and meets government regulated standards (Sarbanes Oxley) through SAS 70 certification. RadiusPoint’s© corporate headquarters is based in Memphis, Tennessee with services provided worldwide.