Profit Recovery Systems—News

November, 2005 – Profit Recovery Systems introduces a complete Telecommunications Invoice Management Program

Enterprises, particularly those with many satellite offices, are inundated with separate bills for every location. Moreover, with new telecom services such as wireless devices becoming available, the enterprise is receiving still more monthly statements.

Telephone, long distance, data, and maintenance invoices have a long history of being incomprehensible to all but the trained professional. Billing has its own language, rationale, underlying tariffs and other regulations and every company has a different format, sometimes several formats, of its own.

In addition to its “contingency based” audits of a client’s paid telecommunications invoice history, Profit Recovery Systems has recognized the need to provide its clients with the additional benefits of Professional Management of all aspects of their telecommunications spend, from comprehensive telecommunication carrier invoice review and payment through the inventory and tracking of all telecommunications assets including wireless devices.

Outsourcing telecommunications management frees a company up to focus on core competencies; it can help them leverage economies of scale; and it exposes companies to the best in expertise, technology, and methodology. The promise of outsourcing is ultimately better service for less cost. Third-party services are often in far better positions to manage telecom costs more effectively. The reason: they have mission-critical access to rate tables, tariffs, benchmarks, processing platforms, and regulatory dealings needed to stay on top of today’s complex telecommunications industry.

Learn more about our Telecommunications Invoice Management Services.