Fortune 200 Technology Corporation Selects Asentinel for Telecom Expense Management
Global Company Will Benefit from Asentinel's Worldwide Module
MEMPHIS, Tennessee, September 19, 2006 -
One of the world's most prominent technology development firms has selected Asentinel's patent-pending software for telecom expense management (TEM) and total telecom cost management (TTCM), David C. Perdue, Asentinel CEO, announced today.
Following a growing trend among Fortune 500 corporations, the company will use a customer-hosted deployment model. The customer-hosted option allows enterprises to gain even more control over telecom, thus realizing greater savings. The model will completely integrate into existing enterprise systems, namely accounts payable, general ledger, human resources and LDAP/active directory. In addition, the customer will support its vast global footprint with the use of Asentinel's Worldwide Module, the first of its kind in the telecom industry.
"This customer's impressive worldwide presence demanded a global enterprise solution that would centralize all aspects of the TEM process into one simplified platform," said Perdue. "Asentinel's core business intelligence application has converted the company's wealth of telecom data into an organized and effective central repository."
The Asentinel application will support the technology company throughout the entire TEM lifecycle, from invoice receipt, validation and allocation, provisioning and change management to business intelligence through real-time web reporting.
Asentinel offers a comprehensive telecom expense management software package that integrates with the client's existing system. Written in Java, the software automates the process of telecom invoice management in real time, analyzing every invoice against vendor contracts, hidden costs, active inventory and flagging every exception. Since these errors often recur each month and can go back for years, getting an expedient return on investment from Asentinel is not difficult. In the long-term, clients' ongoing telecom expenses also decline while internal processing time is greatly reduced.
Asentinel's Web-based software has more than 50 cumulative years of development behind it. Asentinel continues to grow its list of Fortune 1000 companies and government entities that realize the power of automated telecom expense management. For more information, visit Asentinel at www.asentinel.com.
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