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Network costs can consume up to 40% of a service provider’s revenue. TEOCO’s cost management solutions include market-leading software and specialized know-how to reduce network costs through dispute identification and wins.
We offer end-to-end solutions to manage network costs, delivering visibility and control over receipt, validation, audit, dispute and payment.
DELIVERING MAXIMUM COST SAVINGS
Our cost management solutions are in production at over 140 companies in more than 60 different countries processing over $3 billion in network cost invoices every month. By unveiling hidden costs and stranded assets, our customers average 5%-12% annual cost savings.
STREAMLINING EVEN THE MOST COMPLEX ACTIVITIES
Our solutions streamline circuit inventory and contract/tariff management, and automate the capture of all invoice types, providing detailed cost allocation to increase your organizational efficiency. Thorough reporting is also supported to allow regulatory compliance. We use innovative technologies and industry-leading expertise to deliver quick and substantial ROI, with minimal IT investment and risk.
Our cost management solutions enable you to manage the workflow for invoice payments, dispute and claims management, and provide an accounts payable interface and core audit functionalities. Overall, the solutions offer greater adherence to regulatory requirements, and best practices. The solutions can be used as first steps towards payment reconciliation and cost analytics.
Our industry leading products used to deliver these solutions include: