4 Key Components to Getting Invoice Management Right
Managing IT spend in the enterprise can be a Herculean task with the rise of so many disparate services across the IT organization, from Voice & Data to Mobile & Collaboration. In many companies, this task is further complicated by the fact that different departments are often responsible for managing invoices for different services. IT may manage Voice & Data while another group may manage Mobile, Collaboration, and other services.
We see four key components of the Invoice Management process that are often poorly understood, and more likely are neither considered nor even possible without the advent of a tool in place to help solve these problems: Invoice Normalization, Consolidated Billing, Invoice Approval Workflow, and Audit & Dispute Management.
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