Invoice Management

TEMCare Invoice Management

It’s no surprise that more than 50 percent of large organizations don’t know their exact communications spend. Monthly Fixed Voice, Mobile Voice and Data and Data Communications invoices are detailed, complex and, for some global companies, have hundreds of pages in length.

Manual processing of telecom invoices has become virtually impossible for many organizations, with the average mid-market enterprise receiving more than 300 invoices per month. The intricacies of ever-changing inventory, hundreds of thousands of tariff plans, and complex terms and conditions result in invoices that are “rubber stamped,” or incur penalties due to late payment. With analysts estimating that 7%-12% of all communications invoices are in error, clearly businesses are leaving money on the table.

Organizations of any size can leverage the strength of TEMCare to effectively administer and support every aspect of their carrier billing, from receipt and loading of invoices into TMP – Telecom Management Platform to the auditing of invoices and allocation of costs, to the approval, payment, and tracking of operator billing. Vast amount of paper bills are eliminated and billing turnaround cycles and late fees are reduced. TEMCare ensures closed-loop bill tracking and provides clients with visibility through each and every processing stage, including credit and dispute management.

With a consolidated view of all fixed, mobile and data communications billing, organizations gain the benefits of operational flexibility and process efficiencies that free them to focus on core competencies.

TEMCare Invoice Management capabilities include:

• Invoice acquisition
• Invoice loading
• Invoice monitoring
• Invoice allocations
• Invoice approvals
• Integrate to AP and GL systems
• Cost Allocations
• Invoice Payment Configuration

Contact us for more information on Invoice Management and other TEMCare services.