Telecom Expense Management & Keeping Your Communications Expenses Under Control!

With a change in economic times, there often requires a change in some business practices too. Cutting back in business expenses is often a necessity to staying cash flow positive, and what is an organizations largest expense … Payroll? Where should a company cut back? Reducing staff to lower expenses is not always required; there are definitely other methods to manage expenses without risking great employees, and team moral.

 

What other Expense is right up there close to Payroll? You got it your Telecom Expenses. Many say that the second largest expense for businesses is their communications expense –second only to Payroll. This can include; Telecom, Long Distance, Toll Free, Data, Mobility, Wireless, Blackberry Smartphone, PDAs, … the list goes on and you get the picture. Today they are a necessity and so you say, what can be done? Ah you see; that is where a Telecom Expense Management (TEM) solution can help!

 

The need for support in managing this complexity and cost has never been greater. Your Telecom Expense Management solution should include:

  • Billing & usage analysis tools
  • Easy access Reporting, with details needed to make good Business decisions
  • Management of contracts with all communications operators/carriers
  • Procurement & Management of all mobile/wireless devices / data applications / service (airtime)
  • Procurement & Management of all Telecom/Data requirements
  • Support help desk – for management and end users of all communications – Single Point of Contact

 

To start the process you should conduct a Telecom Audit. Whether you do it yourself with in your organization or you enlist a TEM specialist to do a cost free analysis, an Audit is still a good start. Essentially a Telecom Audit is an examination of all your Company’s Mobile and Telecom Accounts, Expenditures and Services for the purpose of checking and verifying their accuracy.

Telecom Audits also ensure that your wireless/telecom providers are complying with the original contracts that you put in place. In addition Audits confirm that you are not being overcharged, they identify hidden costs that you may not be aware of and of course billing errors. By conducting a Telecom Audit you are also ensuring that your organization is not being billed for lines that are no longer in use, whether they be internal land lines or lost/misplaced mobile devices. This can sometimes be a time intense task, but the savings are the end goal – a great way to cut back expenses.

 

If this is not your area of expertise, you may want to Consult an Expert on Telecom Expense Management and let them take on this daunting task.

 

A cloud based Telecom Expense Management solution gives your organization the information it needs to promote cost savings today, tomorrow and well into the future with accountability, visibility and simplicity.

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