Situation
A financial services firm with decentralized invoice processing across 400 locations, no visibility into inventory and billed features, no reporting detail for cost allocation or billing and service-rate error support tasked Advantix with consolidating and simplifying invoice processing.
Solution
Advantix initiated an RFP and managed the process, soliciting proposals from major telecom carriers to identify the best solutions for the client’s needs. After a thorough review of proposals from service providers, Advantix conceived a plan to save nearly 20 percent while consolidating and simplifying invoice processing,
Results
- Consolidated billing accounts from 400 to 10
- Discovered and eliminated unnecessary features and maintenance fees
- Managed implementation of optimized solutions
- Achieved total cost reduction of $240,000 annually