Telecom Expense Management
ADCom's web-based bill management tools help enterprise companies, as well as small to medium size businesses achieve total control over telecom expenses. Bill Geniesm is the engine supporting the web-based Telecom Financial Management Tools helping businesses a manner to quickly access inventory, improve cost management, and manage various telecom vendors while creating a peace of mind that all telecom expenses being paid are valid and accurate. Businesses of all sizes struggle just to keep up with the number of telecom invoices they receive and process every month, not to mention not having the internal expertise and time to verify the accuracy of every bill thereby, spending thousands of dollars in excess cost.
Unlike so called "total telecom cost management tools" (TTCM), Bill GenieSM actually reconciles and recovers monthly billing inaccuracies, instead of leaving it up to the client to find and fix problems. Uncovering billing errors and bringing them to the client's attention is only 20% of the work. The majority of the effort goes into reconciling the invoice from the vendors, addressing the issue, and then verifying that everything has been reconciled. That's why ADCom believes both catching the error and correcting it through validation and reconciliation must occur for a true win-win solution.
ADCom's level of accountability and win-win approach, combined with our track record of proven results in telecom auditing, contract negotiating, RFP management, and bill management is unsurpassed in the telecom cost management industry. ADCom believes effective, efficient management can only occur after the client's infrastructure has been purged of mistakes and positioned for optimal cost savings. Therefore, while setting up your service, we will examine the entire infrastructure for potential billing errors and service issues. This process continues throughout the entire bill management contract period. If we identify any recommendable changes that will result in savings, with approval, we will implement these changes at no additional charge. The entire system assures clients that, not only, are their bills being summarized, reconciled, monitored and managed, but overall telecom expenditures are being reduced and will remain that way.
ADCom's TEM Key Capabilities:
- Invoice Data Loading
Data capture from any vendor and all media types (paper, CD, EDI, etc).
- Invoice Validation
Validate the contents of each invoice using configurable rule sets, tailored to individual clients and vendors. Errors presented to clients allowing management by exception.
- Contract & Rate Audits
Analyze contract compliance on recurring charges, usage, and nonrecurring charges.
- Cost Allocation
Map invoice charges to the cost allocation hierarchy defined by each client, using actual amounts, percentage allocations, integration of third-party data, and more.
- Dispute Management
Online dispute creation, tracking, and management.
- Inventory and Order Management
Store telecom inventory and reconcile the data against carrier invoices. Enhance order placement, and update inventory to reflect recent orders.
- Reporting and Data Analysis
An extensive array of standard reports, as well as ad-hoc reporting tools and integrate OLAP.
- Payment and AP Export
Interface BillGenie with your downstream accounting systems.
