EXPENSE MANAGEMENT
The telecom network is a crucial and critical asset of any organization. An administrative burden that cannot be ignored, monthly telecommunications expense management (TEM) is something New Wave has provided to a number of clients on a long-term basis. Our standard TEM service provides a number of recurring benefits:
- Accurate accounting of all expenses under management
- Preemptive identification and rectification of billing errors and over-payments
- Allocation reporting and tracking
- Improved invoice turn-around time which helps prevent service outages and late fees
- Improved budget tracking and planning
- Identification of billing problems and cost reduction opportunities in a near real time environment
- Customized web based management reporting tools
The utilization of a TEM program will ensure that the processing of product and service invoices are reviewed and paid in a timely fashion, thereby avoiding any service disruptions due to payment delays.
New Wave also maintains a fully functional Help Desk service. Linking a TEM program with the Help Desk will allow for the immediate resolution of any billing issues that are discovered during each month"s invoice review. Within the Help Desk we will track cost recovery and cost avoidance activities and report back to the client monthly in a comprehensive TEM status report.
In addition, our bill payer option gives us the responsibility for timely and accurate invoice remittance with simple electronic approval from you. Also, we can assist your Accounts Payable department with the estimation of monthly accruals being tracked, if desired. Lastly, we can track monthly and year-to-date spend against budget and include this in the month-end report to the client.
Eliminate this monthly time consuming exercise and free you staff up for more mission critical support functions!
For more information on our Expense Management services simply fill out the form below and one of our consultants versed in your particular area of interest will contact you within 2 business days.
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