SmartCOGS: Telco Utility Expense Management

Eliminate the hassle of managing thousands of monthly utility invoices

Telecom providers are tasked with managing a mountain of utility and energy bills across various corporate and retail locations. From electricity and gas to water and waste management, timely payments are a necessary part of running the business.

It’s time to eliminate the hassle of processing thousands of monthly utility bills. SmartCOGS’ Telco Utility Expense Management is a hybrid software/managed service model designed with you in mind.

For those interested in outsourcing, we can gather, process, track, manage, and pay each invoice; 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 utility payments, while eliminating late fees and penalties.

Gain visibility and control with SmartCOGS’ Utility 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.

Vendor Management

Accurately track hundreds of vendor contact details, payment terms, discounts, SLAs, and due dates.

Customizable Workflow

A user-friendly platform that adapts as your business needs change.

Ensure Billing Accuracy

Identify over-billing and other billing discrepancies and have data at your fingertips to help win disputes.

Payment Projections

By centralizing all your utility invoices on one platform, you can accurately predict future costs for better budgeting.

Use Cases

The industry leader in reducing wholesale telco costs.

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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