SmartCOGS: Invoice Processing

Services and solutions for optimizing how invoices are collected, managed, processed, and paid

Overview Suite of Products Key Benefits Use Cases Testimonials

Vendor Payment Processing Services

For any telecom provider, managing vendor payments can be a time consuming and error-prone process, often leading to late fees and over payments. It’s time for a change.

TEOCO’s SmartCOGS™ is offered as a managed service or SaaS solution for processing three types of common telco expenses: wholesale telco costs, utility and energy invoices, and pole rentals.

SmartCOGS includes an automated invoice processing service to ensure data from each invoice is accurately captured, regardless of how invoices are received from the vendor. Forget about managing the messy mix of emails, paper invoices, and non-standard formats. We handle this process for you.

The SmartCOGS cost management workflow is powered by our BillTrak platform – trusted by the majority of leading U.S. telecom companies for:

Aligning invoices with inventory for greater accuracy
Identifying disputes and managing claims
Automating payments
Providing valuable reporting and analysis.

SmartCOGS Modules

Wholesale Telco Cost Management

End-to-end management of wholesale telecom invoices. Our customizable workflow ensures accurate and timely payments and disputes.

Learn more >

Utility/Energy Expense Management

Easily manage hundreds of vendors and centralize and streamline all your utility payments.

Learn more >

Smart City/Pole Rental Expense

With the expansion of broadband services, there is a growing number of pole rental leases and invoices to process and manage, but SmartCOGS can help.

Learn more >

Key Benefits

Automated Invoice Ingestion

Eliminate the tedious, costly, and error-prone task of manual invoice data entry.

Improved Accuracy

Identify over and/or under billings, and track disputes and reconciliations.

Expedited Dispute Resolution

Expedite the negotiation of dispute claims and the receipt of credits.

Customizable Workflow

Gain control over your payables process with our customizable workflow.

Automated Code Assignments

Automatically assign GL and A/P codes using your own business rules.

Easier Regulatory Reporting

Detailed reporting simplifies SOX Compliance.

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

“In partnership with TEOCO, we have realized more than $2B in accumulated savings.”

Paul W. Schieber Jr. VP & Controller, Sprint US

TEOCO SmartCOGS brochure

TBD

Download brochure

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.

Want to hear more?

Stay connected to the latest news,
blogs, and more at TEOCO.