Applications Center

Invoice Lifecycle Management

Invoice Validation and Exceptions

Cost Allocation and Rebilling

Savings Management

Validate communication invoices prior to payment

Finance and IT realize that, in a dynamic communications environment governed by complex contracts, it can be challenging for services providers to invoice accurately. Sakon’s automated invoice validation system prevents overpayment and ensures network portfolio accuracy.

Track invoice receipt

Track invoice receipt

Track invoice receipt
  • Set calendar to track when invoices should be received, approved and paid.
  • Send notices to vendors for stop billing and missing invoices.
Obtain invoice detail with a few clicks

Obtain invoice detail with a few clicks

Obtain invoice detail with a few clicks
  • Gain access to EDI, Portal and detailed paper invoices from 100+ global vendors in a single system.
  • Maintain up to 36 months of records online in an easy-to-query format.
Ensure accuracy of charges

Ensure accuracy of charges

Ensure accuracy of charges
  • Leverage proprietary three-way match technology to validate invoice charges against contractual terms and inventory.
  • Enable 15+ automated invoice validation checks.
Update network portfolio with invoice detail

Update network portfolio with invoice detail

Update network portfolio with invoice detail
  • Flag when invoice charges do not match expected inventory Monthly Recurring Charges (MRCs).
  • Dispute invalid charges or update valid changes to the network portfolio.

Automate invoice payments to vendors

Finance and Accounting are being asked to process more vendor invoices with less staff on hand. Whether you sign up for an automated payment file feed, or full bill payment service, you will ensure that communication providers are paid efficiently and on-time.

Obtain automated payment file

Obtain automated payment file

Obtain automated payment file
  • Set weekly payment file to provide all the information required to pay vendors.
  • Integrate payment file with Accounts Payable systems to cut checks, reconcile transfers and enable accounting reports.
Pay all vendors at once

Pay all vendors at once

Pay all vendors at once
  • Transfer funds for batch vendor payment capability to reduce Accounts Payable burden.
  • Track and reconcile vendor payments along with the rest of the communication lifecycle management processes.

Modernize chargeback and recovery of telecom expenses

Finance and IT shared services need to efficiently allocate communications costs to business units, cost centers and GL codes. Complex end-of-month accrual processes need to be automated to reduce unnecessary stress on the team. 

 Automate invoice allocation

Automate invoice allocation

 Automate invoice allocation
  • Apply business rules to assign costs efficiently throughout the organization.
  • Run reports on demand to get a clear picture of how resources and associated costs are being allocated across the organization.
Rebill shared service costs

Rebill shared service costs

Rebill shared service costs
  • Chargeback shared vendor services (e.g. wireless pooling) to the appropriate users and business units.
  • Chargeback internal IT shared services (e.g. Helpdesk) to the appropriate users and business units.
Obtain automated accrual file

Obtain automated accrual file

Obtain automated accrual file
  • Set monthly accrual file to provide all the information required to close books.
  • Integrate accrual file with Finance systems to accurately report communications expenses on financials.