TEM Suite Invoice Management

Telecom bills are often riddled with errors—it is not unusual for an enterprise to overpay by 10% – 15% each month. Escalating telecom expenses and services are driving invoice management automation tools and best practices.

MTS TEM Suite’s Invoice Management lets you drive down telecom costs by taking control of vendor invoices. MTS Invoice Management provides a truly comprehensive solution that goes beyond the traditional approach and is based on business process automation, best practices and robust auditing and optimization tools.

Start Cutting Costs Immediately

Automated invoice auditing against contracted rates at the transaction level, asset status, flagged transaction exceptions and rate variances; will quickly identify billing errors, cramming/slamming or unused assets. Sophisticated alerting mechanism notifies analysts of errors, disputes, invoices that have not arrived from your service provider and invoices payments which are due.

Identify and Resolve Contract Errors

Easily manage contract terms and rates and the system will automatically flag billing errors that are in conflict with your negotiated contract terms or rate variance thresholds.

Accounts Payable Integration

With MTS Invoice Management, paying invoices is as easy as it comes. Once an invoice is loaded and automatically audited, authorized personnel can access, approve (in full or in part), and transmit payment information to the Accounts Payable (A/P) system.

The result? Total control – from procure to pay, from contract to cost.

TEM Invoice Management

TEM Suite Invoice Management Case Study

Company Profile
Leading manufacturer of commercial and consumer goods with over $11M in telecom spend

Business Challenge
Lack of spend visibility and control; inefficient telecom management processes; tasked with consolidating redundant telecom infrastructure caused by multiple acquisitions; reduce staff effort involved in telecom expense management.

Results
Over $1.2M in costs savings from invoice auditing and contract rate reductions, process optimization and on-going cost-avoidance savings; better spend visibility; automated reporting and executive dashboards.