Synopsys Reduces Telecom Costs with TelMaster from Telesoft
Telesoft's TelMaster software saves time and money in validation of telecom invoices accurately allocating telecom expenses corporate-wide.

PHOENIX, AZ. (May 29, 2003) Telesoft Corp., the leader in telecommunications management, expense validation, invoice processing and error recovery, today announced Synopsys selects Telesoft for automating telecom invoice processes and accurately charge back telecom expenses corporate-wide. Synopsys is able to streamline invoice validation, effectively manage vendor disputes, speed credit and refund processing of vendor billing errors, and deliver meaningful telecom information Enterprise-wide via the web by using TelMaster and Invoice Processing.

Synopsys is the world leader in integrated circuit (IC) design software with more than 20 offices worldwide and in excess of 10,000 extensions Enterprise-wide. The Telesoft automated software system provides authorized employees access to their telecom expenses and other critical telecom data to reduce and improve control over these ballooning expenses.

"We've helped many high tech organizations gain control of their growing communications costs by providing pertinent information that allows intelligent decisions to be made quickly and accurately" said Ron Babich, Director of Business Development & Marketing. "With the rapid expansion of communication technology and adaptation of wireless devices it is clear that automated processes need to be established or overpayment for services will occur due to vendor billing errors."

Telesoft Corp. is the leading provider of Telemanagement, expense reduction, cost allocation, asset management, telephone audit recovery and billing solutions to Enterprise companies, educational institutions, military and governmental agencies worldwide.