Tangoe's Invoice Management technology automates and supports all facets of invoice processing, including the receipt, loading, audit, allocation, approval, payment, and tracking of carrier billing. Tangoe's Invoice Management technology simplifies the processing of carrier invoices by providing a standard, consolidated view of fixed and mobile communications expenditures. By allowing user configurable tests comparing contracts, inventory, carrier bills, and market intelligence, Tangoe Invoice Management solutions create an exceptions-based audit system for effective identification and management of billing discrepancies.
Tangoe's Invoice Management module eliminates the migration of vast amounts of paper bills throughout the organization, reducing billing turnaround cycles and late fees. Responsibility center managers have immediate access to voice and data costs, which enhances the expense management capabilities of all cost center managers throughout the enterprise.
Invoice Management features:
- Standardized view of all carrier billing
- Integrates to enterprise GL and AP systems
- Multi-method, multi-level allocations/reallocations, mark-ups, and charge backs to cost centers
- Multiple carrier billing capture methods (automated/ electronic, and manual)
- Bills tracked with audit exceptions highlighted
- Summaries with drill down functions by carrier and responsibility center
- Closed loop tracking of bill through all processing stages (including complete credit & dispute management capabilities)
- Maintains a billing history by carrier
- Multi-level security functions
Invoice Management benefits:
- Identifies bill/contract discrepancies for optimum savings
- Reduces labor costs of bill input and handling
- Enables accurate, timely cost allocations
- Improves accuracy of billing process
- Allows tracking of carrier cost disputes
- Improves cost reporting capabilities
