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From the Wires
Sarbanes-Oxley Compliance and Telecom Expense Reductions Can Be Unlocked in a Single Process
In-cycle Automation is the Key to Compliance and Cost Savings

By: PR Newswire
Jun. 8, 2005 12:00 PM

CHICAGO, June 8 /PRNewswire/ -- Full automation of telecom financial processes within the current business cycle will deliver Sarbanes-Oxley compliance, according to Dr. Lawrence Isaacson, who spoke from today's SUPERCOMM event at McCormick Place

"Leading edge users are immediately realizing significant telecom savings, gaining new financial control of their telecom networks, while simultaneously and automatically creating Sarbanes-Oxley compliance documentation," said Dr. Isaacson, Babson College Professor Emeritus, who has recently undertaken a series of case studies of how enterprises are managing their fast growing voice and data expense.

The large enterprise-focused case studies are sponsored by Cerylion, Inc. Cerylion's CommADVISOR(TM) product is the class-defining system for in-cycle automation of the full lifecycle of telecom facilities and expenses. CommADVISOR automatically analyzes each line item of every telecom bill before it is paid and recommends changes in telecom contracts and services that produce immediate and ongoing telecom cost savings. Typical enterprise users are saving 7 1/2% to 15% of their total telecom expense while reducing workload and freeing up support personnel. CommADVISOR is the first telecom expense management software suite that enables full in-cycle automation of departmental cost accounting and general ledger integration, while also providing a fully documented process and expense visibility framework as required for Sarbanes-Oxley compliance.

"CommADVISOR represents a new era in telecom control and expense management," according to Dr. Isaacson. "Now, for the first time, CFOs and CIOs can know for sure that they are spending their telecom dollars wisely."

CommADVISOR supports all required cross-organizational workflows, provides real time accruals for credits and disputes, and visibility into all processes and controls at any level of telecom billing granularity. CommADVISOR creates and archives Sarbanes-Oxley compliant reference documentation for all voice and data telecom billing as well as an audit trail of all process actions, thereby meeting new Sarbanes-Oxley requirements.

For a copy of Dr Isaacson's whitepaper on this topic, or for more details on CommADVISOR, go to http://www.cerylion.com/products/commadvisor.asp.

About Cerylion

Cerylion, headquartered in Burlington, Massachusetts, was founded in 1999 to provide cost-effective tools to solve the problems of enterprises operating within increasingly interconnected real-time business environments. CommADVISOR incorporates Cerylion's patented Service Router technology to enable real-time and in-cycle transactional operations across disparate carrier and enterprise systems. For more information on Cerylion, go to http://www.cerylion.com/.

Cerylion

CONTACT: David Snow of Cerylion, +1-781-494-0871 ext. 103

Web site: http://www.cerylion.com/

Published Jun. 8, 2005
Copyright © 2005 SYS-CON Media, Inc. — All Rights Reserved.
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Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

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