asentinel 5.0 - Telecom Expense Management Software

Contact:

Ralph Berry or
Katie Wassmer
Thompson & Berry
(901) 527-8000

Fortune 500 Retailer selects Asentinel


MEMPHIS, Tennessee, December 8, 2005 - A Fortune 500 retailer has selected Asentinel's patent-pending software for telecom expense management (TEM), David C. Perdue, Asentinel CEO, announced today.

With close to 2,000 locations in North America and a presence throughout the world, this retailer assists businesses of all sizes with the products they need on an everyday basis.

"With so many locations spread out around the globe, this retailer needed a centralized repository for its telecom assets - an organized, efficient way of dealing with the constant changes, moves and additions the company saw each day," said Perdue. "The company evaluated other TEM solutions and found that Asentinel demonstrated flexibility that other providers could not."

Asentinel's user-friendly application allowed for a quick learning curve and immediate time and cost reductions for the company. The application interfaced well with internal compliance processes and has given the company its much-needed centralized telecom repository. In addition, the Asentinel application has allowed the company to automate the manual process of contract verification and inventory management it had in place in the past.

Asentinel offers a comprehensive telecom expense management software package that addresses all facets of TEM: inventory management, invoice processing, order management/provisioning and reporting.

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. After nearly tripling its sales in 2004, 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.