Source One Management Services, LLC, a leading provider of strategic sourcing, procurement and cost reduction solutions, has announced a new strategic partnership with Asentinel, one of the nation’s preeminent technology-driven telecom lifecycle management companies.

“We have been meticulous and analytical in our vetting of potential partners for telecommunications, which is one of our most important categories,” said Steven Belli, CEO for Source One. “What we determined is that Asentinel clearly stood out from the rest, in terms of their service offerings, the professionalism of their team, and their record of success.

“Asentinel is an unquestioned leader in telecommunications, as evidenced by the fact that they hold the only comprehensive U.S. patents in Telecom Expense Management for its groundbreaking software, Asentinel 7.0.,” Belli noted. “With their highly focused, technology driven solutions, Asentinel represents an ideal partner for us.”

Source One helps its clients reduce spend in telecommunications and over 100 other business spend categories, including: utilities, freight, print, office equipment and supplies, advertising, MRO, health insurance and benefits and more through a combination of proven sourcing and purchasing strategies, best practices, innovative technology, and a proprietary database of market intelligence dating back nearly 20 years.

“Source One’s strategic sourcing services are a perfect match for Asentinel,” said Richard Janis, Sr. Vice President of Asentinel. “Combined with our own telecom expense management solutions, we will be able to offer our respective customers expanded cost reduction in many more of their critical spend categories.”

The patents owned by Asentinel (#7340422 and #7805342) relate to systems and methods of processing and analyzing expense invoices that enable large corporate users of telecommunications services to save millions of dollars on their telecommunications services. These patents include more than 80 claims issued by the United States Patent and Trademark Office.

Both Asentinel and Source One are recognized in their space not only for the quality of their product offerings, but for their customer service, consultation, thought and technology leadership, and speed of return on their cost reduction, avoidance and cost saving offerings.

Source One has been providing customized strategic sourcing, cost reduction and spend management solutions to help companies realize competitive and sustainable savings since 1992. Engagements are structured on an innovative, low-risk, pay-for-performance fee basis and may include strategic sourcing, spend analysis, spend management, identification of alternate suppliers, market and supply research, RFP management, price and terms negotiations, contract recommendations, project management and implementation.

Asentinel meets the needs of customers by providing telecom life-cycle management through comprehensive TEM solutions and services—saving its customers millions of dollars since its inception in 2002. Asentinel holds the only comprehensive United States patents (#7340422 and #7805342) in Telecom Expense Management for its groundbreaking software, Asentinel 7.0. Asentinel is headquartered in Memphis, Tenn., and has offices throughout the US, in Amsterdam and Bucharest.
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Thomas Derr

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