Invoice Audit

10 Things to Spot in Your Invoice Audits

10 Things to Spot in Your Invoice Audits

Invoice audits are those notorious accounting practices that make you feel like you're squirming in the hot seat. You're well aware you have to endure them because they are critical for the health of your company. Much of the complications (and headaches) that arise from invoice audits are trying to interpret the cryptic billing details that might as well be ancient Greek.

Remember that invoices are all about the numbers. Numbers are always math and math will produce the same results. With this in mind, there are certain things to look for in your invoices that are consistent with every company. So take a deep breath and count to 10 - we'll go over 10 things with you to look for in every successful invoice audit. You got this!

On-Going Telecom Invoice Audits

On-Going Telecom Invoice Audits

Over the years we’ve developed a keen eye for spotting telecom invoice errors, and we’ve created a process that ensures we don’t miss anything along the way. Here is a sneak peak into our methodology for capturing and recouping credits during audits.

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i-Spy Telecom Invoice Errors: Training on Your Terms

i-Spy Telecom Invoice Errors: Training on Your Terms

Last week we hosted hot-topic webinar, “i-Spy Telecom Invoice Errors”. During the session we shared five of the most commonly missed and most expensive telecom invoice errors. Could you be missing these telecom invoice errors in your invoices month after month? Your existing telecom invoice processes could be the sticking point.

The Top 5 Commonly Missed Invoice Errors

The Top 5 Commonly Missed Invoice Errors

Savings within your telecom invoices are hiding just below the surface. But are you searching hard enough to find them? You would be surprised to know how often telecom invoices go totally unchecked, and how easy it is for telecom invoice errors to slip by. The result is crippling, and might be costing your organization more than you think.

5 Most Common Telecom Invoice Errors

5 Most Common Telecom Invoice Errors

Savings in your telecom invoices are lurking just below the surface. But are you digging deep enough to find them? You would be surprised to know how often telecom invoices go totally unchecked, and how easy it is for telecom invoice errors to slip by.

How do I control my telecom costs?

How do I control my telecom costs?

When it comes to business operating expenses, it’s no surprise that communication (aka: telecom lines, wireless, internet services) costs often are at the top of the list! And yet in our experience, so often these costs go completely unmanaged. Can you imagine $10M+ of telecom spend, with little monitoring or active management?

The Benefits of Telecom Bill Check & Audit Services

The Benefits of Telecom Bill Check & Audit Services

Here’s a quick gut-check scenario. A telecom invoice arrives in the mail… it’s 1,000 pages long, and includes a large and complex environment of both wireline and wireless devices. What happens next? Is this invoice reviewed line by line? Or is it just paid – without review or further scrutiny?

The Bountiful Benefits of A Telecom Audit

The Bountiful Benefits of A Telecom Audit

When it comes to telecom audits – we have seen a major shift within the last year. It seems more and more businesses are attempting to wrap their arms around their telecom inventories and spend. All companies from small individual ownerships to large corporation are looking for areas to cut costs in every aspect of business. Telecommunications can be a large but absolutely necessary expense.

New White Paper – TEM for Healthcare: The Cure for IT Budgets

New White Paper – TEM for Healthcare: The Cure for IT Budgets

The next service that will ease some serious telecom pain is invoice processing. The mid to large size healthcare organizations are receiving upwards of 400 telecom invoices annually, and yet only 70% of IT manager have an accurate inventory of their telecom environment. 

Tips for Telecom Invoice Processing

Tips for Telecom Invoice Processing

Processing thousands of invoices for several carriers each month can be an overwhelming and daunting task. Today we’ll share several of our tips for telecom invoice processing.

What is a Telecom Audit?

What is a Telecom Audit?

We’ve seen a big uptick in interest in audits and inventories in the last year, and we predict that interest will continue into 2015. It’s detailed and tedious work, that you can do internally – but you may not have the time, resources or expertise to be doing it to the full capacity. Because to the untrained eye, finding billing errors in mounds of invoices….

Telecom Audits & Inventories

Telecom Audits & Inventories

As discussed in our webinar last week – one of our biggest predictions for 2015 is increased demand for audits and inventories. Earlier this month we wrote about the CSR, and the treasure trove of information available in this document. Doing an audit and building an inventory is step two.

Tracking and Controlling Mobile Costs

Tracking and Controlling Mobile Costs

Earlier this week we talked about data overages and throttling. Today is all about tracking those variable costs, controlling and optimizing usage. We all know how quickly variable cellular costs can add up. And then it comes as a complete surprise when you get the invoice in the mail.

Finding TEM Challenges: Financial

Finding TEM Challenges: Financial

The bread and butter of telecom expense management (TEM) is finding opportunities for savings. Cold hard cash. Everyone wants to do more with less, and a lot of the time telecom expenses are eating up the IT department’s budget. Find critical savings, and free up budget for other more pertinent business expenses.

Telecom Savings Case Study: Cursory Telecom Invoice Auditing

Telecom Savings Case Study: Cursory Telecom Invoice Auditing

Here’s how well something that easy can work. The following is a case study outline of a company who saved over $104,000 by implementing cursory audit findings: