A recent example from one of our assisted living facilities with over 16 locations to manage …

“I have no idea what that past due of $260.62 is. And I truly do appreciate all that you have done. As far as the phone bills that they credited us back on, are they issuing us a check for these amounts?”

“Yes, thank you Shan. This is all so confusing. We appreciate that you understand all this stuff!”

It’s not just understanding billing, businesses can try to sort out the fees, charges, taxes and discounts (if any) and match with contractual agreements but the true challenge is finding the TIME. Organization(s) are using their valuable resources to sort out billing on a monthly basis. What is that costing? Once discrepancies are found the same resources are removed from other task(s) to HUNT down the appropriate representative to research the error, make adjustments and refund the credits. AND with the absence of alerts for future billing variances and errors the same cycle continues MONTH over MONTH.

Want to know more about the right tools and expert resources to #OPTIMIZE your BILLING?

With a Vendor Management Solution contract experts can negotiate a fixed rate for a particular service. The contract terms must be met ensuring that both parties are aware of what is expected and any variances will be flagged and the vendor will be held accountable for any charges and changes outside of the agreed terms.

If you have questions about any of our VMS benefits contact us today at 866-504-4050 to learn more about our Vendor Management Solutions

Limitless Technology ~ CRS wants to take a few seconds to describe how thankful we are for so many of the aspects of our business. Although there are many more reasons, we wanted to give 8 reasons we are thankful

1. The fact that we are in an industry which succeeds when we help other companies succeed

2. Our wonderful clients for taking time to understand and approve our savings recommendations

3. For the many wonderful thank yous, references, and referrals we have received from our clients.

4. The world-class employees of LT~CRS and their constant drive to help the clients save money and help LT~CRS succeed

5. Our charity which raised $41,000 dollars last year for the Leukemia and Lymphoma Society and blood cancer research.

6. The fact that LT~CRS just celebrated its 8th birthday!

7. LT~CRS’ continued expansion into new areas of the United States

8. The fact that we live in such a great nation with so much opportunity to thrive and prosper as an organization.

These are just a few things that we cherish about our clients, company, and nation. Thank you for taking the time to read this list and see what truly matters to our company. If you have interest in learning more about us, just visit http://limitlesstechnology.com/ .

Micromanaging’s definition is “to control every part, however small, of an enterprise or activity”. Micromanaging has a stigma associated with it. Most employees hear micromanage and they think of their boss hovering over them and telling them how to do their job. However, this article discusses how micromanaging can be a useful and even a necessary component of an organization’s operations.

First, the negative stigmas associated with micromanaging, which are generally related to employee management. An example would be an employee has been hired because they have the skills necessary for a specific job. A manager feels he has more experience than the employee begins to constantly tell the employee how to do the job. In extreme cases, managers can even take over the employee’s job and ignore manager role. Micromanaging in this form makes the employee feel as if the manager has little faith in their knowledge, skills, and abilities. The reason micromanaging people is so negative is because employees lose motivation. Micromanaging people, in the long run, stops two employees from doing their job, reducing overall productivity.

However, there is a positive side of micromanaging. If you look back at the definition, micromanaging simply means to have control over the company. If a company is not controlled, then it will most likely fail. However, what needs to be highly controlled is not how the employees do the work, but overall operations. Managers need to be constantly looking at the revenues and costs of their sector and making sure they are doing everything possible to control them. For example, it does not matter how talented salespeople handle their leads (Calling many times a week or once a month), as long as the salespeople are keeping their costs down, are making good revenue for the company, and their clients are happy. A company should particularly micromanage costs since they are one of the biggest potential threats to any company’s success. Costs need to be analyzed thoroughly in order to make sure the company is receiving the best bottom line possible.

In conclusion, operational functions should be micromanaged while employees should be given a relative amount of freedom in how to do their jobs successfully. Employees will respond better and want to do more work for a company they feel trusts and respects their ability to do the job. Constantly monitoring the operational functions of the company will ensure that, when there is a problem, the problem will be seen and corrected faster than with a company that loosely manages its operations.