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PLC GROUP
   
ExpenseLogic™ Software System
Inter-carrier invoicing represents one of the biggest sources of accounts payable and the incredibly complex world of inter-carrier billing and settlement provides a hotbed of opportunities for billing errors and revenue loss.

Analytical research has further shown that in a typical Carrier, up to 80 percent of Interconnect telecom bills are not audited to their full extent and are generally

paid in full. It is this “pay, don’t question” practice that cost Carriers millions annually, considering that between 7 to 12 percent of telecom bills contain errors (Aberdeen Group, July 2004).

To address this revenue leakage, PLC Group had developed a comprehensive Carrier Interconnects Cost Management (ICM) Solution that can save between 10%-30% of Carrier’s Interconnects budget. This solution will also deliver significant efficiency gains in day-to-day management of telecom interconnects in areas such as Services & Circuits Sourcing, Provisioning, Inventory, Cost and Disputes Management, Internal Cost Allocation and overall Interconnects Cost Optimization.

ExpenseLogic™ Enables Service Providers to:
  • Get the Best Rates & Terms from Interconnects Providers (Sourcing)
  • Control the Ordering of Interconnects & Network Changes (Provisioning)
  • Build and Maintaining a Central Repository of Interconnects and Facilities (Inventory)
  • Pay Providers Exactly and Only what is Owed to them (Monthly Invoices Validation)
  • Detect & Reverse Erroneous Charges, Obtain due Credits (Disputes Management)
  • Timely pay the Invoices, Properly Allocate Cost Internally (Payment & Allocation)
  • Uncover & Implement Interconnect Cost Saving Initiatives (Cost Optimization)
  • Get Decision-making Information when Needed, where Needed (Reporting)

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