Automate Invoice Management, Validation and Reporting

 
 
By Thierry Zerbib  |  Posted 2010-09-17 Email Print this article Print
 
 
 
 
 
 
 


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.




 
 
 
 
Thierry Zerbib is co-founder and Chief Executive Officer at Telesoft. Thierry is a 27-year veteran of the telecom industry and a recognized pioneer in the telecommunications expense management market. As chief executive officer and co-founder, Thierry saw the business need and impact of automating and simplifying the telecom expense management lifecycle. Thierry holds dual degrees in Computer Science and Math from the Tel Aviv University in Tel Aviv, Israel. He can be reached at info@telesoft.com.
 
 
 
 
 
 
 

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