Invoice Processing
We have added Invoice Processing as an add-on to our Communications Lifecycle Management service, consolidating 10’s or even 100’s of your telecom invoices, coding each line item and paying the invoices on your behalf.
zLinq Invoice Processing is designed to simplify the expense management process and address the most common challenges. zLinq Invoice Processing will:
- Reduce late fees
- Manage payments to multiple providers
- Manage invoices for multiple locations
- Streamline accounting
- Reduce time wasted on manual processes
- Reduce nonpayment disconnects & service interruptions
zLinq Invoice Processing Benefits
Pay a Single Invoice
Fund a single account that pays all telecommunications vendors on your behalf which enables you to pay one bill without changing providers or technology.
Safeguard Against Loss
zLinq ensures that invoices are correct, paid on time, and allocated to the correct department for proper budget and spending allocation, without extra work on your part.
Streamline Budget & Approval Process
Get quick and accurate insight into spending trends and anomalies.
The zLinq Invoice Processing Solution Includes:
Inventory & Audit
An asset inventory is created inside the zLinq Invoice Management solution providing visibility across all locations and providers. zLinq also conducts a comprehensive audit to identify billing anomalies, performs a benchmarking assessment against a 1000+ customer database, and provides savings roadmaps to identify near and long-term cost reduction opportunities.
Invoice Ingestion
Invoices are processed inside zLinq Invoice Management software, providing a unified interface to review, manage, and report on invoices.
Comprehensive Reporting
The zLinq solution delivers in depth reporting, for example a Variance report that compares current charges to prior invoices and inventory, making it easy to identify invoice discrepancies and streamline resolution.
AP File Generation
The zLinq solution produces a file that can be easily imported into your AP system which is tailored to company-specific general ledger (GL) codes, saving Account Payable teams coding and managing invoices.
Invoice Processing Deliverables
One-Time Initial Setup
Redirect invoices
to zLinq
GL code each asset
and create AP file
Daily Process
Ingest/GL Code invoices into zLinq software
Audit invoices for accuracy and dispute discrepancies
Approve invoice payment by client or on client’s behalf
Weekly Pay
Receive AP file to import into AP system
Client funds the Clearing account
zLinq pays invoices in weekly batches
Monthly Report
Receive custom reports:
trending, disputes,
payment
settlements, etc
Interested in learning more?
Have more questions, or want a quote? Talk to one of our experts!
With zLinq you can…
Visualize your inventory
When you partner with zLinq, you will see your entire communications inventory in full context of providers, locations, contracts, even down to individual circuit IDs.
Align Priorities
With zLinq, you get a dedicated Client Services Manager with deep industry experience who will help align priorities with Savings & Technology roadmaps.
Execute with Purpose
zLinq is the only partner who manages the burden of change on your behalf because we’ve designed a unique process, backed by playbooks and expertise, proven to get results.
“Our account manager noticed disparate pricing due to recent POTs pricing increases. zLinq then negotiated a flat rate without extending the term and that netted us $124K in annual savings and a 37% cost reduction!”
Virda Beerman Network Manager, Academy Bank
Our Scope
zLinq works with multi-location enterprises as a vendor-neutral extension of their IT team to manage the full lifecycle of their voice and data assets to solve the challenges of wasted spend, wasted time, and strategic initiative management.
The zLinq Advantage
Visualize your environment in full context. Our Visualization Toolkit collects, analyzes, and decodes your infrastructure data in near-real time for IT audiences – so you can take decisive action
Align your people around top priorities so they collaborate, not compete. Integrated consulting & support that works for, and across, all impacted teams
Execute with purpose without having to take on all the work. A risk-sharing partner model that takes on the burden of change and guarantees results.
We own the effort. You own the success.
