Telecom 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!

5 Pro Tips for Streamlining TEM Software

5 Pro Tips for Streamlining TEM Software

The use of telecom expense management (TEM) has become increasingly popular over the past two decades. Organizations are seeing time and time again that managing telecom expenses is a key driver in being able to save thousands of dollars each year. Even a single employee who is abusing telecom practices can cost an organization a substantial amount of money. With TEM, it becomes possible to pinpoint employee abuse of mobile services as well as to identify telecom billing errors.

Telecom Savings Case Study: Cursory Telecom Invoice Auditing

Telecom Savings Case Study: Cursory Telecom Invoice Auditing

Want a good example of low hanging fruit?  Cursory telecom invoice auditing.  Whether you do it yourself via a web-based telecom expense management software like Clearview, or hire an outside TEM firm to do it for you, this is a first step in cleaning out your telecom closet.   Cursory auditing just means identifying, flagging, and correcting easy-to-find issues during regular telecom invoice processing.  In other words, actually LOOK at your bills and see what is wrong.

5 Resolutions to Tackle Telecom Costs in 2012

5 Resolutions to Tackle Telecom Costs in 2012

A fresh new year, a fresh new start.  Don’t we always think that?  “If I just do XY and Z better than last year, boy wouldn’t things be great!”Well, we’re never ones to discourage positive thinking.  So to give you a kick start, we’ve cooked up five “resolutions” to get you on the right track to reducing your telecom and wireless expenses in 2012.

Telecom Tactic #4: Telecom Invoice Auditing – Wireline

Telecom Tactic #4: Telecom Invoice Auditing – Wireline

This is where the rubber meets the road.  Telecom invoice auditing.  Every piece of paper that comes into your office from a carrier is a place to save money.  Incorrect charges, setup fees you were never supposed to pay, items not billing to contract terms – there are a lot of reasons you are paying too much for your telecom services.

Possible Carrier Changes in the Telecom Industry

Possible Carrier Changes in the Telecom Industry

We suggest to watch for these types of Carrier changes to impact your billing. Whether it is as simple as a remit address change, or a major billing error due to a billing systems switchover it is always a good idea to do a telecom invoice audit and confirm your telecommunications is billed correctly.  If you need help with your telecom invoice processing & payment, give us a call.

Practice Caution When Auditing Your Telecom Invoices

Practice Caution When Auditing Your Telecom Invoices

Since the break-up of the Bell companies in the early 80s, there have been many new complex telecom technologies, services and plans and a variety of telecom providers that have entered the telecom space. With these complexities, come opportunities as well as threats for telecom users. One of the threats that has come with divestiture has been inaccurate billing, usually caused by the use of legacy billing systems designed to handle a basic, simple mix of circuits and services, and utilizing codes that were developed by the Bell companies around those services.

Telecommunication Invoice: Start with the simple stuff

Telecommunication Invoice: Start with the simple stuff

Telecom expense control – starts with the basics. Do you know the cost of processing only one invoice within your organization? What if you could offload the direct labor involved in processing telecommunication invoices, while reducing strategic business costs at the same time? If this is of interest to you, then you need to contact Valicom today for their best-in-class telecom expense control.