Telecom Expense Management - Invoice Allocation

Invoice allocation, approval and payment with ProfitLink’s TEM Solution

ProfitLink Clients benefit from our unique ability to allocate invoices and to report charges to Client cost center stakeholders at the individual line level. This capability allows ProfitLink’s Clients to meet or exceed the most exacting accounting standards. The industry standard is to allocate invoice totals to cost centers on a percentage basis. This methodology is often rejected as inadequate by accounting experts. The same lack of detail and precision often results in pushback from internal cost center managers, as well as questions from the CFO that are very difficult to answer.

ProfitLink’s ability to allocate telecom invoices at the individual line level delivers the precision and accuracy that your stakeholders demand.

	Invoice receipt, automatic auditing and dispute management process:
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Once invoices are allocated, ProfitLink presents them online to our Clients for approval according to a Client-defined approval hierarchy. Clients are notified by e-mail that there are invoices awaiting their approval. They log in to ProfitLink’s online user interface to approve invoices by pointing and clicking on them.

After invoices are approved, they are transmitted in a cost allocated payment file to our Client’s account payables group. The electronic file’s format is developed according to the Client’s accounts payable system’s requirements. The files are sent at an interval the Client defines.

Click here to learn more about the attributes that make ProfitLink’s Telecom Expense Management solutions the best quality / price relationship you can choose.