Standard Register Selects Spectrum Networks For Telecom Billing Management
10 Novembro 2003 - 1:00PM
PR Newswire (US)
Standard Register Selects Spectrum Networks For Telecom Billing
Management CINCINNATI, Nov. 10 /PRNewswire/ -- Seeking to
proactively improve the management of bills and invoices from its
various telecommunications vendors and achieve true cost savings,
Standard Register has chosen Spectrum Networks, Inc., to provide
its enterprise-wide telecom expense management and auditing
services. Standard Register (NYSE:SR), headquartered in Dayton,
Ohio, is a leading provider of information solutions for health
care, financial services, insurance, pharmaceutical, manufacturing,
and other industries. The company has more than 200 locations and
reported revenues of approximately $1 billion last year. During the
length of the agreement, Spectrum's TruePay(SM) service will
process thousands of invoices from Standard Register's service
providers. Spectrum will be responsible for bill processing, bill
payment, and cost management of Standard Register's local, long
distance, data, Internet, and wireless telecommunications services.
Spectrum also will analyze Standard Register's local telephone
contracts for cost savings and consolidation. Spectrum's TruePay
billing management service consolidates clients' invoices on a
single, secure Web site, facilitates cost analyses, and enables
proactive billing management. It enables clients to quickly recover
costs from issues such as incorrect tariff pricing, discounts,
contracted rates, paying for canceled services, and invalid or
duplicate invoices. "We searched for a bill payment and expense
management solution that was flexible and accessible for reporting,
financial management and cost control. Spectrum provided the best
solution at the best cost," said Kevin Werst, head of
Telecommunications at Standard Register. "We need partners who
perform and I am optimistic Spectrum will provide the return we
expect in 2004. With the cost savings, we plan to invest in our
communication strategy." "Telecom expense management has always
been a huge headache for companies with multiple locations and
providers," said Trent McCracken, executive vice president and CIO
of Spectrum Networks. "In addition to simplifying multi- site,
multi-vendor management, TruePay drives superior results and
delivers real savings by proactively identifying and recovering
costs from each provider. It pays to be prompt, because requesting
a $5,000 credit for an incorrect bill in the first month it occurs
is far more effective than waiting twelve months to notify a
provider of a $60,000 credit." About Spectrum Networks One of the
country's foremost telecommunications management companies,
Spectrum Networks, Inc., provides a single source of unique
value-added services to organizations that seek to eliminate
unwarranted complexity and cost from telecom administration. Based
in Cincinnati, Spectrum oversees all facets of companies' multiple
carrier relationships, from network design through vendor
selection, implementation, management, and optimization. In
addition to TruePay, Spectrum's offerings include expert
carrier-independent consulting, and proven customer support. For
further information, please visit http://www.sniusa.com/. About
Standard Register Standard Register's offerings include document
management; label solutions; consulting and fulfillment services;
and e-business solutions. Leveraging its deep industry expertise,
Six Sigma methodologies and advanced technology, Standard Register
helps businesses increase efficiency, reduce costs, enhance
security and increase revenue. Founded in 1912, the company today
has annual revenues of approximately $1 billion. More information
is available at http://www.standardregister.com/ DATASOURCE:
Spectrum Networks, Inc. CONTACT: Kim Buchanan of Spectrum Networks
Inc., +1-513-792-4050 Web site: http://www.sniusa.com/
http://www.standardregister.com/
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