Control Point Solutions Inventory Reconciliation Services Grows 500% in 12 Month Period

Rutherford, NJ.          March 10, 2008 – Control Point Solutions, Inc., (www.controlpointsolutions.com), the leading provider of voice, data, and wireless telecom expense management (TEM) solutions, announced today that their Telecom Service Inventory Reconciliation Services clients grew by 500% in 2007. 

“Compiling & reconciling telecom inventory to billing records is a key component to effective TEM,” said Bob McMullan, CEO of Control Point Solutions, “yet it presents unique challenges.  Each area within each carrier has its own way of identifying inventory data, and clients often find that their internal records – when available - are not standardized either.  We leverage our proprietary technology in combination with our domain expertise to drive results for our clients.  We’ve helped clients go from a match rate of under 16% to 99+%  --  even as their MACD activity continues to change the baseline.  We’ve helped clients take control of their telecom inventory while eliminating multiple millions of dollars in expense as a direct result of this work.” 

Control Point’s team of experts provides Telecom Inventory Services, including Inventory Compilation, Validation & Reconciliation, as part of their comprehensive Outsource Invoice Management (OIM) services or as a stand alone service solution.    

“Our clients achieve direct savings, as well as critical visibility into the entire order to invoice lifecycle,” added McMullan.  “If you don’t have accurate inventory, you can’t optimize telecom capacities & you risk paying for items no longer in use – unreconciled inventory costs clients significant money. Knowing what you have in inventory allows your Provisioners to be more effective – and knowing that it matches billing ensures you are paying only for the active services you’re using.” 

About Control Point Solutions

Control Point Solutions, Inc., founded 20 years ago, is the leading provider of voice, data, and wireless Telecommunications Expense Management (TEM) services with billions of telecom expenses processed and millions of dollars in disputes resolved annually - resulting in refunds and recurring financial, time and resource savings for our clients. www.controlpointsolutions.com (800-933-5429.)