Invoice Insight News
Multi-Nationals Get Real-Time Control of Global Ordering, Inventory, and Related Telecom Expenses
Enables Internationally Uniform Ordering and Inventory Control for Multi-Nationals
Manassas, VA. – April 6th, 2010
Invoice Insight (www.invoiceinsight.com), a leading software-as-a-service (SaaS) and business process outsourcing (BPO) provider of automated expense management solutions for fixed & mobile telecom, announced the release of its global ordering module. Customers are actively using the module in more than 20 countries for over 15 telecom service types and adoption is growing every month.
Multi-national enterprises struggle with keeping their global telecom services inventory up-to-date, often costing them tens of thousands of dollars per month when what they are billed for is out of sync with what they actually use and own. By having ordering, inventory and invoices managed in a single web-based application, enterprises benefit from real-time accuracy as part of the procure-to-pay process.
“Through collaboration with our largest multi-national customers, we developed an intuitive and easy-to-use ordering capability that allows customer staff in every region of the world to control telecom costs in a globally uniform process. The result is hard dollar savings and improved governance for our clients,” states CEO and Co-Founder David Spofford. “Additionally, early feedback from telecom vendors around the world has been extremely positive. Everyone appreciates the superior efficiency and performance resulting from this solution.”
In addition to global ordering support, Invoice Insight was one of the first TEM vendors to support international, multi-currency invoice processing. Its offering includes:
- Full multi-currency support throughout the entire BillPort® application
- User preferred currency view based on security groupings
- User preference on currency conversion timing (i.e., invoice date conversion, pay date conversion)
- Instantaneous conversion among currencies with a single click
- ERP information transfer in any currency
About Invoice Insight
Invoice Insight provides real relief
to CIOs, Telecom, Network and other professionals who are responsible for fixed
and mobile telecom environments and their associated expenses. Invoice Insight’s
success is attributed to customer-centric innovations and multiple industry
firsts such as: eliminating software licenses and enabling rapid, risk-free
implementations through software-as-a-service technology; managing paper through
invoice imaging and data capture; increasing analytics through business
intelligence technology; and reducing costs through real-time auditing during
the payment process. For more information, go to www.invoiceinsight.com.