ProfitLine Announces BillManagement Service Cost Savings Results
Monday, June 18, 2001
ProfitLine, Inc., the leading provider of telecommunication cost management services, today announced that its BillManagement service has saved its clients an average of 9 percent of their network service expenditures based on results from the past quarter.
The BillManagement service reviews every telecommunications invoice to see if the charges are justified. Errors are taken up directly with the vendor, freeing the customer from countless hours of frustration. ProfitLine generates an automated general ledger feed and pays all telecommunications vendors directly. Customers never need to handle their telecom invoices again. The more compelling benefit is the dramatic cost savings beyond the labor savings.
"Telecommunications and data invoices are inevitably wrong and almost always favor the vendor," according to Yvonne Blankenship, vice president of ProfitLine's ServiceSupport division. Few companies have the time and expertise needed to effectively review this complex invoices.
About ProfitLine
ProfitLine provides a business process outsourcing solution that manages the lifecycle of voice and data services and reduces communications costs for Fortune 2000 companies. ProfitLine's solution includes service ordering and optimization, inventory management, bill management and auditing, A/P processing, telecom contract negotiations, and project management. The company delivers these services through its proprietary Web application. Founded in 1992, ProfitLine is currently ranked on the Inc. 500 list as one of America's fastest-growing private companies. For more information, visit
www.profitline.com or contact Kara Kocal at 858.202.1229.
NOTE: ProfitLine is a registered trademark of ProfitLine, Inc. MyTelcoManager is a trademark of ProfitLine. All other trademarks or registered trademarks belong to their respective owners.
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