Billing and cost allocation to strengthen university revenue streams
Sector: Higher Education
Many organisations will be familiar with the need to track phone usage for each department and universities are no different. Using Tiger Prism’s billing and cost allocation feature enables this university’s IT team to run monthly departmental cost reports showing usage by department alongside the fixed charges for phone rental.
These reports are then shared with the finance team to bill external contractors and concessions based on campus such as cafés and shops. In addition, internal department usage is tracked helping the institution to monitor costs and the number of handsets that are actively in use.
The benefits
- Detailed breakdown of usage by department including external concessions
- Supports the university to measure, monitor and reconcile costs so that revenue isn’t lost
- Analysis of handset usage ensures the university isn’t paying rental for handsets that aren’t actively in use.
