Centralizing telecom expenses enables companies to chargeback telecom costs based on client specific hierarchies. This allows companies to benchmark costs and optimize services based on departments/cost centers, maintain corporate compliance initiatives, and support the corporate GL.
The MBG Chargeback system is a core component of MBG's unified procure-to-pay telecom expense management solution that allows companies to allocate telecom costs based on their dedicated cost centers and run reports to manage the consumption of services. This powerful and unique chargeback solution supports some of the world's largest companies and has led to significant costs savings by providing enhanced visibility of overall telecom spend.
To facilitate the chargeback process, MBG builds on its expertise in processing electronic data and an outstanding core competency in call accounting. Through the MBG application, users can view data allocated by a company's custom corporate hierarchies, and in some cases, multiple hierarchies. The MBG Chargeback system accepts data feeds from any corporate HR system, supporting updates as organizations are restructured or employees are hired or terminated. In addition, as items are added to the inventory, companies can assign individual items to cost centers, even breaking out the cost by percentages to be distributed across multiple cost centers.
MBG has extensive experience dealing with the complexities of intercompany accounting, international currencies, and complex organizational structures to provide a comprehensive global solution for multinational organizations. Through this web-based, on-demand solution, companies have a central place for managers to view their expenses and drill down to view the detail behind those expenses, along with the ability to run tailored reports specific to the department.
The MBG Chargeback solution provides comprehensive dashboards that enable financial managers to instantly view cost information sorted by top departments, top regions, and top overall users and can use this information to benchmark costs across the organization to gain more accurate forecasting and budget models. The goal is provide finance departments with information that facilitates better decisions regarding overall telecom and IT spend.
The MBG Chargeback solution can accept data feeds from virtually any other vendor or spend category that an organization would like to recharge to its cost centers. For additional IT items, the MBG Chargeback system can support items such as laptops, software, computers, and servers. Furthermore, the MBG Chargeback solution can also support other spend categories including space allocations and consulting fees across different departments. The goal is to provide organizations with a central repository for charging back all items.
The MBG Chargeback solution is part of a unified, complete procure-to-pay solution - one that utilizes MBG's expertise in provisioning, inventory, invoice processing, internal data recharge feeds, and enhanced business intelligence - that provides companies with a way to manage overall consumption of telecom and IT services.
To learn more about MBG's powerful chargeback solution, read about how Ford Motor Corporation is successfully using the MBG Chargeback solution to support its global chargeback initiatives or request a live demonstration today.