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Telecom
How ExteNet enhances Flexibility Amidst Telecom Industry Evolution
Key Outcomes
Eliminated manual processes, ensuring accurate and timely invoicing
Enabled seamless financial operations to support 5G expansion
Streamlined adherence to industry regulations with automated processes
Accelerated revenue recognition and improved cash flow management
JOSEPH CUMMINGS
VP INFORMATION TECHNOLOGY
With the 5G revolution, we have a growing number of competitors. We needed a billing and revenue recognition solution that would support our business growth as we gain market share from existing competitors and fend off new entrants. RecVue was the perfect partner we needed on this journey.
Unified Platform for Modern Enterprises
About Extenet
ExteNet Systems, Inc. is a leading provider of converged communications infrastructure, delivering advanced wireless and fiber connectivity solutions across diverse environments, including urban, suburban, and rural areas. Their indoor solutions enhance connectivity in venues such as commercial buildings, sports arenas, hotels, healthcare facilities, and transit systems.
Annual Revenue : $140 Million
Headquarter : 137,000-square-foot facility in
Frisco, Texas
Major Roadblocks
- Growing billing demands required adding two employees per year
- Invoicing delays hindered cash flow and scalability
- Managing staggered start dates and multi-site projects was inefficient
- Telecommunications regulations required strict compliance measures
RecVue’s Solution
- Automated invoicing and revenue recognition, eliminating manual effort
- Streamlined order-to-cash processes, ensuring on-time, accurate billing
- Consolidated invoices and handled contingent commission calculations
- Ensured regulatory compliance while optimizing financial operations
