RadiusPoint© Averages 355% ROI for Q04 | Orlando, FL, March 22, 2012
RadiusPoint© announces the average savings for their client’s for the fourth quarter of 2011. The average Return on Investment that their clients achieved is 355% for the fourth quarter. With RadiusPoint’s ROI feature in their ExpenseLogic sotware gives each client the ability to track their ROI quarterly. This report displays their spending levels and ROI to ensure that the partnership with RadiusPoint is of benefit to their organization. RadiusPoint provides Business Process Outsourcing services for Telecom and Utility Expense Management services, as well as, Support Desk services for placing orders for services and equipment.
RadiusPoint is able to audit the 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. All of this functionality for Telecom and Utility invoices and expenses are provided on one software platform, which is unique in the Expense Management field.
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.