RadiusPoint© Awarded Contract with Teen Retailer | Orlando, FL, April 19, 2010
RadiusPoint© announces the award of an Invoice Processing and Inventory contract with a premiere teen retailer.   The retailer operates more than 118 locations in malls across the US and provides sleepwear, swimwear, outerwear and lifestyle tips for teenage girls. This contract will create a partnership for RadiusPoint© to manage the telecom and utility invoices and expenses for their locations nationwide.
RadiusPoint© will provide invoice processing and expense management services for telecom, including landlines, data circuits and wireless services and utilities, including electricity, gas, water, sewer and trash services. The services include the management of the invoice from receipt to invoice verification and then archival of the invoice image for future needs. The allocation of the expenses down to a specific type and location was a benefit that will save this retailer’s staff time and money.
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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