NuVox Communications Automates Invoice Processing With On-Demand Software from Razorsight

FAIRFAX, VA – Razorsight Corporation, a market leader and innovator of on-demand spend analytics software, today announced it has been selected by NuVox Communications to automate its paper invoice management function. Razorsight's AIM Analytics is the only turn-key solution on the market today that offers automation, business workflow, and analytics for a company's management of network costs, while delivering a return on investment in less than 12 months. NuVox Communications subscribed to Razorsight’s innovative AIM Capture application to automate the day to day processing of paper invoices and Master Data Management. AIM Capture fully automates invoice management, data extraction, inventory tracking and storage of paper invoices.

NuVox Communications provides voice, data, and security services to tens of thousands of business customers across the Southeast and Midwest.  

“Given the continuing need to reduce network costs and the added need to analyze profitability at the customer level, it became increasingly important for NuVox to select a best of class network automated invoice management platform that could provide us what we needed to compare cost details to our revenue details. By utilizing AIM Capture, NuVox will be able to dispute invalid charges and spend those dollars on other components that enhance our network with the products our customers want and need. It is clear that Razorsight’s platform is the most innovative solution in the marketplace today,” said Amy Gardner, NuVox Vice President of Revenue and Cost Optimization.

"AIM automates the manual processing of invoices received in any format - paper, PDF, EDI or fax - and performs audits and analyses on this valuable data, thereby providing vastly enhanced visibility and analytics capabilities. As a result, leading communications providers like NuVox are better positioned to audit information and can make better decisions while improving Master Data Management and SOX compliance," said Razorsight CEO Charlie Thomas.

About Razorsight

Razorsight Corporation is the market leader in on-demand financial business intelligence solutions for Communications, Media and Entertainment companies. Razorsight’s Software-as-a-Service (SaaS) solutions automate payables processes, eliminate paper, provide detailed visibility into carrier cost and revenue data, and ensure actionable insight that reduces operating costs, improves margins and enables better SOX compliance.

Razorsight has dramatically transformed the way communications companies process, manage and leverage corporate payables and receivables data. Razorsight's highly scalable, web-based software is easy to install, requires no capital investment and has helped clients realize documented savings of over $2 Billion. Razorsight solutions are used by industry leaders such as Verizon, Time Warner and Comcast, as well as by small and medium sized carriers such as Globalcom to capture, audit and analyze more than $50 Billion in annual corporate spend. Razorsight has a 100% referenceable client base, a testimony to its customer focus and its commitment to meet and surpass customer expectations.

Razorsight is based in Fairfax, VA and has offices in St. Louis, MO and Bangalore, India. For more information about Razorsight, visit: www.razorsight.com.

About NuVox Communications

NuVox Communications provides voice, data, and security services to business customers in Alabama, Arkansas, Florida, Georgia, Illinois, Indiana, Kansas, Kentucky, Louisiana, Mississippi, Missouri, North Carolina, Ohio, Oklahoma, South Carolina,  and Tennessee. These services are provided through advanced Alcatel-Lucent, Nortel, Sonus, and Cisco technology. NuVox has been honored as a certified Cisco Powered Network. NuVox’s voice over Internet protocol (VoIP) services are delivered via technology from Cisco, Sonus, Sylantro, IP Unity Glenayre, and Acme Packet. For more information, visit www.nuvox.com.

Nilanjan Ray
Director, Marketing at Razorsight
nilanjan.ray@razorsight.com
www.razorsight.com