Real Estate Manager2022-12-03T08:51:56-05:00

Real Estate Manager

As a Real Estate Manager, your plate is full of managing various vendors, contracts and physical addresses while ensuring that the correct services are being ordered. Also, lease management covers not only facilities, but equipment that must be tracked by location or by employee.   When an acquisition or divestiture occurs, the records for facilities and equipment are almost impossible to transition.  RadiusPoint’s services allows complete Project management for your next Acquisition or Divestiture, all while managing the Transfer of Liability within ExpenseLogic, RadiusPoint’s software tool.

Frequently Asked Questions

Can the solution alert us if there are contract obligations or Early Termination fees?2019-06-20T08:35:21-04:00

The Contract Management section allows for contract dates, Service Level information, including Early Termination fees. If RadiusPoint is placing the orders for the services, any Early Termination fees would be discussed before orders are placed to disconnect the services.

Can the solution alert us if an invoice continues to bill for a closed location?2019-06-20T08:35:02-04:00

RadiusPoint will disconnect a service from the vendor and will automatically clear any limits for those services. If the services are billed again by the vendor, ExpenseLogic will show the charges on the Exception report.

If we provide an Opening and Closing list monthly can the solution automatically set up and disconnect services?2019-06-20T08:34:41-04:00

Yes, RadiusPoint can work directly with the Real Estate team to ensure that services are set up or disconnected as requested. All of the requests can be placed in ExpenseLogic for full and complete tracking.

Can we see reporting that shows the deposits being held by vendor for each location?2019-06-20T08:34:17-04:00

Yes, ExpenseLogic has an inventory section that houses the deposit information for each meter and service type. Reporting can be created as needed or at a regular interval.

Can the solution manage all of our leases that we have for each facility?2019-06-20T08:33:56-04:00

ExpenseLogic can manage all leases, equipment or facility with over 28 fields of data that will allow the end user to see all lease information in one portal. In addition, ExpenseLogic will automatically show the percentage increase on an annual basis at the appropriate time by building in the contract terms for each lease.

Is there a portal that will allow us to disconnect services for a location that is closing?2019-06-17T15:08:12-04:00

Yes, the same site, Intelligent Queue will allow the end user to place an order to close or disconnect services at a location that is closing.

Is there a portal that will allow us to order services for a new location?2019-06-17T15:07:47-04:00

Yes, the Intelligent Queue is a site that can be tailored to your company’s specific equipment and service needs, with an Amazon style shopping site.  All orders flow into the portal that allows for RadiusPoint’s team to place the order with the vendor and track the receipt of the equipment or services.

Request a Free Consultation!

Is the RadiusPoint solution the right one for your company?

If you are ready to get started, click Request a Free Consultation and let’s schedule a time to discuss your needs and challenges.

Request a Free Consultation!

What are some of your Needs and Challenges?

Learn how the RadiusPoint Solution can assist you. Click Below to explore common needs and challenges.

Not enough personnel

How many invoices can your team process in a day’s time?  Do you have enough people to get all of the invoices paid on time to avoid disconnects and service interruptions?

In today’s tight labor market, ensuring that your invoices are paid on time can be a never ending issue.  Getting behind is not an option but happens often when more invoices come in to be processed but there is not enough staff to handle the work.

Too many invoices to process on time

How many invoices can your team process in a day’s time? Do you have enough people to get all of the invoices paid on time to avoid disconnects and service interruptions?

In today’s tight labor market, ensuring that your invoices are paid on time can be a never ending issue. Getting behind is not an option but happens often when more invoices come in to be processed but there is not enough staff to handle the work.

Some issues that we have resolved for current clients:

  • Eliminate the paper invoices
  • Eliminate late fees
  • Break down the invoice information into intelligent reporting
  • Creation of Accrual files

Read more

Vendor Contract issues

Managing the contract is the first step in ensuring that the rates promised during the sourcing and proposal process are being delivered. It assures and that any rate changes and discounts are realized on your bottom line. With RadiusPoint, all contracts can be attached in the software for easy desktop retrieval. Contracted rates are used to audit each applicable line item on the invoice.

ExpenseLogic can set a limit for any line item detail identified in a contract, creating one of the most thorough continuous audits in the industry. Meticulous management of the contract ensures that the rates promised during the Proposal and Sourcing phases are being delivered, and that the savings show up on your bottom line.

Contract Management is easy with ExpenseLogic’s Contract Management database. The Contract Management database ties the service or devices and equipment with the contract and gives the capability to view the actual contract document. Email notification 90, 60 days prior to expiration ensures that your contract expirations won’t be missed.

Amazing credits/savings that RadiusPoint has achieved for our Clients.

  • A Financial Services firm avoided $2,711.15 in monthly charges on a water invoice. ExpenseLogic identified the error by meter and it was found that there was a leak at the location. The vendor agreed to credit over the normal usage.
  • Over 800 phone lines for a salvage parts dealer that were not on the client’s long distance invoice that resulted in over $10K per month in savings.
  • A Nationwide retailer of Eye Glasses and Contacts with 800 locations saved $203,282.86 in 2017 due to optimization of electric and gas services in their deregulated states.
  • $1.4MM in errors billed on transportation companies wireless invoices for incorrect data plans. Credits were applied to the invoices and the plans were corrected.
  • Over $500K in credits for a client in 2016 from AT&T for contract rates overages. + $52K in credits for a Healthcare client for lines that were supposed to have been canceled but the vendor didn’t follow through.

Read more

Errors on Invoices that need research

Billing errors are the scourge of an efficient organization, and most companies don’t have the time or personnel for auditing and reconciliation of every invoice.  RadiusPoint’s invoice audits, error identification and reconciliation produce a savings of over 25% with no sales, no carrier or vendor changes required.

The reason is RadiusPoint’s software ExpenseLogic, takes the guesswork out of auditing and reconciling invoices on a monthly basis. Limits are set for each line item and then ExpenseLogic audits against them on each and every invoice for maximum vendor accountability.  This billing invoice validation process is a proactive expense management approach and a proven method for saving money.

Read more

Late Fees From Vendor

Service disconnects can be costly, not only from the time it takes to research the past due charges, but also from the reconnection fees and service interruptions. Loss of business can cost thousands of dollars for each day that a location cannot conduct business. Avoiding the service interruptions should be priority number one for any Accounts Payable department.

The RadiusPoint Invoice Processing service tracks the entire lifecycle of an invoice. The ExpenseLogic platform helps you manage the accuracy, processing, and payment of your telecom invoices. This includes loading both paper and electronic invoices into the system, coding the charges, creating an exceptions report, setting up approval for payment, and interfacing with your current financial systems.

Read more

Disconnection of services?

Service disconnects can be costly, not only from the time it takes to research the past due charges, but also from the reconnection fees and service interruptions. Loss of business can cost thousands of dollars for each day that a location cannot conduct business. Avoiding the service interruptions should be priority number one for any Accounts Payable department.

The RadiusPoint Invoice Processing service tracks the entire lifecycle of an invoice. The ExpenseLogic platform helps you manage the accuracy, processing, and payment of your telecom invoices. This includes loading both paper and electronic invoices into the system, coding the charges, creating an exceptions report, setting up approval for payment, and interfacing with your current financial systems.

Some issues that we have resolved for current clients:

  • Eliminate the paper invoices
  • Eliminate late fees
  • Break down the invoice information into intelligent reporting
  • Creation of Accrual files

Read more

Go to Top