Your TEM processes your invoices. Bearstone validates them.

Vendor governance for enterprise telecom — built for CIOs at multi-site companies in change conditions.

Bearstone is the governance layer between your carriers and your invoices. We catch unauthorized charges, expired rates, and ghost services line by line, every cycle, on the buyer’s side of the table.

Why your invoices keep slipping through.

Your TEM platform processes invoices. Your carrier issues them. Your AP team pays them. None of those three is incentivized to validate them line by line.

That is the gap. It is where unauthorized charges, expired rates, and ghost services live. It is why a store you closed in 2023 might still be on your bill in 2026.

Bearstone is the governance layer that closes that gap.

See how a 700+ location retail portfolio identified $2.1M in unauthorized charges.

CASE STUDY

Multi-brand retail portfolio: $1.85M credited back, 16.9% reduction in expected telecom budget.
700+ locations. Two carriers. 31 months. Without changing providers.

At a glance results

  • $2,122,436 in unauthorized charges identified
  • $1,852,314 credited back to date
  • $120,584 in early termination fees waived
  • 16.9% reduction in expected telecom budget

What governance looks like in practice.

Bearstone validates every invoice line against the active contract, the inventory of authorized services, and the move-add-change history at every site. Every month. Every cycle. Discrepancies are flagged, disputed, and credited back. The result is not a one-time recovery — it is a permanent governance posture.

Bearguard interface

Who's Behind Bearstone?

Bill Henrichs

Founder & President

Former Head of Telecommunications, Simon Property Group. 20+ years on the buyer side of enterprise telecom.

“For 20+ years on the buyer side of enterprise telecom, I signed off on invoices I knew contained errors I couldn’t catch fast enough. That is why I built Bearstone. We catch them now — line by line, every cycle, on the buyer’s side of the table.”

— Bill Henrichs, Founder & President

rick ryan

Rick Ryan

Business Development

9 years AT&T, 11 years CenturyLink.

“I know how your contracts were built.”

— Rick

Julie Revard

Julie Revard

Sales

21 years AT&T account management, 11 as Strategic Account Lead.

“I know how your carrier manages you.”

— Julie

Talk to Us

Bearstone serves multi-site enterprises with 200+ locations or $2M+ in annual telecom spend. If that is you, send a short note with your monthly spend, your primary carriers, and the change condition driving your inquiry. Rick or Julie will respond within one business day.

tem profissionais

Request a Conversation

Three Things Bearstone Does

telecom audit

VALIDATE

BearGuard governance process

Monthly invoice validation against contracts, MACs, and inventory. Line by line. Every cycle.
mobile phone

GOVERN

Vendor accountability advisory

Carrier-side discipline applied to your side of the table. Contract architecture, dispute leverage, and governance frameworks.
telecom service

RESOLVE

Dispute resolution

Unauthorized charges identified, disputed, and credited back. Complete documentation trail. Carrier-grade evidence.

BearGuard is the only governance process I trust to know what we should actually be paying.

BearGuard transformed the way we govern our telecom inventory and invoices. The governance process gives us a single source of truth for every asset across every site, and the monthly validation against contracts catches discrepancies before they hit our P&L. Across 250+ invoices a month, Bearstone is the partner that knows what we should actually be paying.

– CIO, multi-brand retail portfolio (700+ locations)

Telecom overbilling rarely fixes itself

They persist — until someone is actively validating, every cycle.
That is the work Bearstone does, at a per-line, per-site, per-month level of detail no carrier and no TEM platform is incentivized to perform.
See what monthly validation looks like in practice.
Bearguard interface

BearGuard: the governance process behind every Bearstone engagement.

BearGuard is the governance process that drives monthly invoice review across every site, every line, every cycle. Bill Henrichs built it in 2019 from his experience running enterprise telecommunications at one of the largest commercial real estate portfolios in the country. Today it runs monthly validation across a 700+ location retail portfolio.
Vendor Governance FAQ

TEM platforms process invoices. Vendor governance validates them. TEM tells you what you paid. Vendor governance tells you what you should have paid — and credits the variance back. Bearstone is a governance firm, not a TEM provider.

hrough monthly line-by-line validation of every carrier invoice against the active contract, the inventory of authorized services, and the move-add-change history at every location. The BearGuard governance process runs that comparison each cycle. Bearstone’s team handles the disputes.

Multi-site enterprises with 200+ locations or $2M+ in annual telecom spend. Most engagements begin during a change condition — M&A, expansion, contraction, or a major technology refresh.

CIOs and CTOs at multi-site enterprises in retail, hospitality, distribution, and other location-heavy industries. Buyers typically come to Bearstone after losing confidence that their TEM provider, their carrier, or their internal AP team is catching what they are being charged for.

Monthly invoice validation, dispute resolution for unauthorized charges, governance reporting against contracts, and a permanent BearGuard inventory of every line item across every site. Engagements are continuous; this is not a one-time audit.

Download the case study at BearstoneLLC.com/CaseStudy or email Bill Henrichs at Bill@BearstoneLLC.com with your monthly telecom spend, your primary carriers, and the change condition driving your inquiry. Rick Ryan or Julie Revard will respond within one business day.

Ready to see what your invoices are actually doing?

Download the case study to see how a 700+ location retail portfolio identified $2.1M in unauthorized charges and credited back $1.85M without changing carriers. Or email Bill directly with your monthly spend and primary carriers.

Ready to Get Started?

If you would like to know more about any of our services, please reach out and we will happily answer all of your questions!

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