Multi-site Telecommunication Expense Management Solution

Are You Overpaying Your Telecommunication Expenses?

RELEASE: January 14, 2003

Industry resources state that on average 18% - 35% of a company’s telecommunication invoices are erroneous and costing companies millions of dollars every year. Unfortunately most companies do not have the resources, time or in-house knowledge to correct the problem.

Ask Yourself…
Do you have the time to analyze each location’s monthly invoices?
Do you understand the services you’re paying for?
Are you paying for services that you don’t need or never authorized?
Are you being charged the right amount for each of your locations?

Here’s Your Solution…
Whether you are an existing customer or have just been introduced to Cadence, a proven solution is available for you. Cadence’s Multi-site Telecommunication Expense Management Solution combines Invoice Payment, Telecom Auditing and Rate Resolution that drives costs out of your telecommunication expenses and back into your budget.

Under this Solution, Cadence will work with your Telecommunications Department (i.e. IT group) to assist and/or understand your current service arrangements and corporate standards.

On a daily basis Cadence will also:

1. Perform a financial audit, pay the invoice and perform extensive audits for any invoice outside established parameters.
2. When an error has been identified, Cadence will work with the service providers to resolve the error, ensure the appropriate corrections have been made and ensure that all appropriate credits have been received.
3. All captured telecommunication expenses including savings delivered by Cadence are accessible via CadenceEnterpriseä, a hosted application that allows you to:
   • Monitor, measure and manage your multi-site telecom expenses.
   • Quickly and easily access, view and/or print telecom invoices.
   • Generate Reports via CadenceEnterprise’s Report Library.

And the Result…
A multi-facility company in the real estate market had implemented Cadence’s telecommunication expense management solution for their 500+ locations. Quickly, Cadence identified significant opportunities for expense reduction including eliminating multiple phone lines and unnecessary services charges as well as eliminating personnel abuses of their corporate standards. >

CONTACTS
Cadence Network Contact: Ben Dolan, Cadence Network, Inc. 866-CADENCE (866.223.3623) bdolan@cadencenetwork.com