Invoice Processing
Would your organization have improved telemanagement control if you...
- had complete knowledge of your company's telecom spending for all services, volumes, net rates and comparison of similar services across carriers?
- were able to validate invoices against complex contract rates/commitments and inventory?
- could analyze your spend to make decisions on service optimization?
- had access to month-to-month comparisons, quick management reporting and dashboards that allow you to move from invoice processing to invoice analysis?
- could create a central invoice repository in a standard format, even if you are structured as a decentralized organization, enabling you to centralize contracts to leverage your buying power?
- were able to convert paper telecom invoices into an electronic format?
- had the ability to identify extraneous billing and avoid untimely late fees?
The Challenge
For large organizations, the sheer volume of telecom invoices and the number of different carriers that supply the organization make it difficult to get a complete picture of what the organization is actually spending. In a decentralized organization, services are procured and paid for regionally. In such situations, it is difficult to negotiate better rates and validate invoices against contracts. The focus is often on managing paper and paying bills versus understanding whether the charges are accurate. Effective analysis is difficult due to the complexity of telecom bills, the different types of billing systems carriers use, and the work involved in processing invoices.
MBG Advantage: Deep Experience with Electronic Data and Complex Data Feeds
MBG’s core strength lies in our ability to receive and process telecom data from multiple carriers and in multiple formats (EDI, proprietary data, EDIFACT). Operating as an ASP, we have immediate access to correctly manage data feeds. Our secure, Web-based presentation system allows quick analysis of normalized data from many carriers, creating an overall picture of your telecom spend.
Any vendor you consider should have deep experience in managing this major problem that is unlikely to go away: data feeds from carriers that are complex, volatile and may contain errors. MBG solves this problem and goes beyond it by providing a proven invoice presentation solution that has generated millions of dollars of savings for our clients. MBG has over 15 years of experience in telemanagement, working with both telecom carriers, as well as Fortune 1000 corporate users.
MBG Invoice Processing Features
- View, analyze, and validate invoice data from multiple carriers in a centralized invoice
- Access reports, graphs, and data sheets summarizing a wide variety of expense trends and usage data
- Ability to automatically match invoices against current inventory
- Create a month-to-month comparison report that identifies changes in the invoice, showing additions and deletions
- Generate exception reports that show discrepancies
- Dispute charges with the carrier directly through our Web-based application
- Easily identify billing errors and track contract terms, enabling efficient negotiation with vendors
To learn more about the MBG Invoice Processing solution and to see how it works, request a demo today.
Quick Links
