I met with the Telecom Manager of a trucking company yesterday. He told me that his accounting department processes over 35 different bills from various telephone companies. He was able to give me a feel for what he was paying for his T1 circuits and Long Distance. He was actually receiving some pretty fair pricing from the different carriers that he could remember. I asked him how much he thought the company spend to process those bills and get them to A/P. We talked in detail about the process and both agreed to met next week with our individual assessment of that “soft” cost. I am now on a RESEARCH MISSION to determine the true cost to a business to
1. Receive the bill
2. Verify the charges (Confirm disconnects, and track down credits)
3. Break the bill down by departments
4. Apply the General Ledger Coding to the bill
5. Get the bill into the Accounts Payable system
I will post the results after our meeting. It will be very interesting to see what he and I come up with. Any comments on this will be GREATLY appreciated
Joe Bjorklund – Director of Business Development – vCom Solutions. Contact Joe at: joeb@vcomsolutions.com
