Automate Invoice Management, Validation and Reporting
Step No. 2: Automate invoice management, validation and reporting
As mobile usage grows, so does the number of invoices and potential for costly billing and payment errors. Ongoing validation of billing with mobile inventory is required. Most organizations take one of two approaches. The first approach is where they don't validate their wireless bills, so charges such as ringtones, unapproved application downloads and games go unnoticed. Multiply that by thousands of employees and it adds up. The second approach is where they have a team of folks manually validating bills, which is a labor-intensive and error-prone process.
By automating labor-intensive functions such as invoicing, expense validation and IRS tax compliance, companies can see substantial savings. Use a wireless expense management solution to automate reconciliation of billing with inventory to identify unused phones and service plans of employees that are no longer working for the enterprise. Track personal and business calls for chargeback and tax compliance requirements. And allocate expenses based on actual usage by individual to promote visibility and awareness of mobile expenses.