RadiusPoint Announces Clients’ Average ROI of 370% for 2020
FOR IMMEDIATE RELEASE
Orlando, FL June 23, 2021—RadiusPoint, a Technology Enabled Business Service (TEBS) provider and a leader in the Expense Management industry for Telecom, IT and Utility invoices, has announced a remarkable Return on Investment (ROI) of 370% for their clients for 2020. This ROI is the result of RadiusPoint’s monthly audit of invoices and optimization of the services managed and cost reduction resulting from automation that eliminates manual tasks.
As the telecom, IT and utility vendors provide invoices, errors are inevitable and will occur. “Our Client’s utilize us to solve the problems that result from invoices not arriving on time from the vendor, identifying those invoices that are billed in error or to pay invoices on time to avoid disconnects,” states Sharon Watkins, CEO. RadiusPoint’s priority is to not only identify those errors on a monthly basis but also reconcile with the vendor to return the overcharges and verify savings with the vendors. A quarterly report is researched and generated for each client using Key Performance Indicators (KPI’s) to track spending levels and ROI to ensure that their partnership with RadiusPoint is beneficial to their organization.
RadiusPoint’s intelligent cloud-based SaaS, ExpenseLogic, performs a line item audit for telecom services by wireline and wireless numbers, data circuits as well as utility services by meter number, electricity, gas, and trash, keeping vendors in check with how they are billing the services.
When errors are identified and reconciled with the vendor, a credit or refund situation is created, avoiding future costs for those same charges. These charges are detailed and reported to the client when the credit on the invoices appears, or when the refund check is received. Thus, the clients’ bottom line is impacted with a positive ROI.
To learn more about RadiusPoint expense management services, visit www.radiuspoint.com.
Founded in 1992, RadiusPoint is a leading provider of Telecom Expense Management (TEM), Managed Mobility Services (MMS), Mobile Device Management (MDM), and Utility Expense Management (UEM) services. With corporate headquarters in Orlando, Florida, RadiusPoint provides a broad portfolio of business and technology solutions to help its clients improve business performance worldwide.
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