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