PAAS, the global leader in technology spend analytics, is pleased to introduce, Invari, a new invoice management platform. Invari is a telecom invoice management platform that breaks down a traditionally difficult process into a simplified overview of an organization’s telecom invoices, with the overall objective to identify savings opportunities. Clients benefit from multiple functions, including specialized invoice workflows, cognitive capture, entity resolution, data categorization, and variance reporting.
“Our goal was to create a platform for organizations who can benefit from an extension of their AP department,” said Bennett Falck, Director of Spend Analytics at PAAS. “The coordination and constant monitoring of telecom invoices can exhaust already limited resources. We saw an opportunity to modernize a problem many organizations face with an automated solution that seamlessly identifies significant variances so you can proactively solve billing issues.”
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Invari organizes and monitors telecom invoices and detects irregularities that allow organizations to optimize overall telecom spend. The platform implements minimal client intervention data ingestion, automated workflows, and data aggregation, identification, and optimization to ensure users are presented with the maximum opportunity for savings alongside consistent organization. With a concise focus on management and validation of telecom invoices, Invari offers a unique, streamlined combination of administration and analytics that, ultimately, illuminates cost savings opportunities. Invari delivers insights and operational efficiency as a standalone SaaS tool or as an integration to the PAAS360 platform.