SmartCOGS: Smart City Expense Management

Streamlining pole rental payments and other smart city expenses

As broadband services expand to meet the needs of rural communities and smart cities, telecom providers are required to rent space on existing utility poles and other street furniture to attach their hardware.

This creates thousands of 3^rd party payments to manage, each with their own contracts, service level agreements, and payment terms. SmartCOGS’ Smart City Expense Management is a hybrid software/managed service model designed with you in mind.

Whether you own or lease, we can gather, process, track, and manage your 3^rd party pole rental program; providing accurate oversight from beginning to end.

Alternatively, you can leverage our software to help automate and streamline your processes. Our industry-proven SmartCOGS platform, with its customizable workflow, helps ensure timely rental revenue or payments.

Gain visibility and control with SmartCOGS’ Smart City Expense Management module.

Key Benefits

Automated Invoice Loading Service

We coordinate, receive, and load invoices on your behalf – regardless of their format.

Automated Payment Processing

Transmit verified invoice payment data to/from your Accounts Payable system.

Inventory and Vendor Management

Accurately track your rental assets, along with vendor contact details, payment terms, discounts, SLAs, and due dates.

Customizable Workflow

Our user-friendly platform adapts as your business needs change.

Ensure Billing Accuracy

Identify over-billing and other billing discrepancies and have the data you need at your fingertips.

Payment Projections

By centralizing all your 3^rd party invoices on one platform, you can accurately predict future costs for better budgeting.

Use Cases

Optimize the management of wholesale costs

We automated the entire wholesale invoice process for a leading US operator. This included the loading and processing, account coding, auditing and payment of 25,000 invoices every month, greatly improving the carrier’s ability to manage invoices in a timely manner with lower overhead costs.

Reduce expenses and increase margins

We help our customers to make wise large capital investment decisions and grow their network capacity in ways that are fiscally sound – from both a network coverage and a business perspective – allowing them to increase margins and maximize their return on investment.

Achieve millions in cost savings

Our SmartCOGS cost management service processes over $3 Billion in network cost invoices every month, resulting in an average of 5-12% annual cost savings for our carrier customers.

Testimonials

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TEOCO SmartCOGS brochure

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How Can We Help?

For over 30 years, TEOCO has helped network operators run profitable businesses. Learn how we can help you in the areas critical to the success of modern CSPs.

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