Invoice Management

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!

How Does a TEM Software Solution Streamline Workflow?

How Does a TEM Software Solution Streamline Workflow?

Running a successful business requires more than the ability to track sales and generated revenue each month. In order to streamline the workflow with your employees while also maximizing productivity, software solutions are extremely beneficial.

Using TEM (Telecom Expense Management) software solution helps to boost productivity while providing advantages over managing the telecommunication bills and data manually and by utilizing manpower in the workplace.

Pros and Cons of Bill Payment Solutions

Pros and Cons of Bill Payment Solutions

Organizations receive a wide variety of bills each month from a number of different service providers. It's important for businesses to not only pay on time, but to also actively monitor their available resources accurately. Bill payment solutions have emerged as a possible answer to these issues. Let's take a quick look at the pros and cons of bill payment solutions...

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VIDEO BLOG: Benefits of an Invoice Approval Tool

VIDEO BLOG: Benefits of an Invoice Approval Tool

Approving invoices manually includes hidden costs and room for errors. An invoice approval tool can maximize savings and free up time for more important tasks!

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Best Practices for Employee Wireless Reimbursement

Best Practices for Employee Wireless Reimbursement

It’s quite the alphabet soup. This is where wireless device reimbursement and wireless policies can get tricky, complicated and time consuming. Do you have the resources to comb through each wireless device invoice for how many phone calls were personal, and how many were for work? How much data was consumed checking email, and how much was used to watch Netflix?

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The 3 Biggest Risks of Managing your own Bill Payment

The 3 Biggest Risks of Managing your own Bill Payment

Today is all about bill payment, more specifically how your team can outsource the check cutting for the individual invoices that show up in your mailbox every month. If you choose not to outsource your bill payment for telecom, it can cost you time and money. The risks of in-house bill payment are not worth the headache. Three risks to look out for when doing it yourself:

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Ease Up Complicated Invoice Approval Processes

Ease Up Complicated Invoice Approval Processes

At various points through the month, invoices arrive from the Finance or Accounts Payable departments. Charges, invoices and expenses that need to be approved by a variety of department heads, managers and directors. It’s a complicated to-do with many tasks baked in. Invoice approval and payment encompasses auditing, allocating, submitting for approval and THEN cutting the check these invoices.

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Bill Payment Services for Effective AP Processes

Bill Payment Services for Effective AP Processes

Bill payment for telecom, technology or other monthly-recurring invoices is a time-consuming process. Time consuming for your finance team and for the departments approving the individual expenses (but more about that part later…). Today is all about bill payment, more specifically how your team can outsource the check cutting for the individual invoices that show up in your mailbox every month.

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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.

Streamlined Invoice Approval with Clearview

Streamlined Invoice Approval with Clearview

Every month invoices arrive from the Finance or Accounts Payable departments. Charges, invoices and expenses that need to be approved by a variety of department heads, managers and directors. It’s a daunting and complicated task, auditing, allocating, submitting for approval and finally paying these invoices. For most organizations the ‘submitting for approval’ process is the most time consuming and costly part. But it doesn’t have to be.

Easy Invoice Approval: Change the way you approve expenses

Easy Invoice Approval: Change the way you approve expenses

Invoice approval is just one step of the process. The invoice lifecycle starts with auditing and ends in check cutting, with time and money sinks all along the way. Valicom’s invoice processing services create efficiency for your team while saving you money.

3 Ways to Spy Invoice Errors

3 Ways to Spy Invoice Errors

Invoice errors. Those pesky little line items that are costing your operations budgets big time. So what are they? Typically, telco items that are not billing correctly, disconnects gone unprocessed, and a myriad of slamming and cramming fraudulent charges. How will you distinguish what is what? How will you spot those opportunities for savings?

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.

Bill Pay & Cost Allocation

Bill Pay & Cost Allocation

 A seemingly endless amount of invoices arrive at your office every month. Thousands of line items within a complex telecom environment, and expenses that are spiraling out of control. Who is responsible for paying which invoice, and how will these expenses be split amongst the departments? Does this sound familiar? Here’s a quick thought. What might be missing from your telecom processes is cost allocation and bill pay. Add efficiency and transparency to your cost with these managed telecom services, now offered by Valicom.