As the federal government tightens its belt in the wake of mandatory budget cuts, telecom expense management tools have become important in facilitating that belt tightening. But most telecom expense management software solutions are missing something, the inventory. NetPlus has started educating customers on how important an accurate inventory is for telecom expense management to be effective.

“An accurate inventory is key in determining what you should be and shouldn’t be paying for. Most telecom expense management companies use billing information to determine the inventory, but how can you audit telecom bills using an inventory derived from the same bills? NetPlus is different; we extract the inventory directly from the switch. Switch data provides real-time information on inventory that’s actually in use, there is no greater single source of truth for inventory,” said NetPlus President, Matt Lewis.

NetPlus Telecom Expense Management pulls inventory directly from the switch and compares it with billing and contract data from the telecom vendor to provide a precise and accurate audit. Discrepancy reports output questionable charges, and credits due are automatically tracked. Enormous savings can be had by employing NetPlus Telecom Expense Management.