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As anyone who deals with telecom knows, it’s a very difficult category of spend. Companies that try to reduce telecom expenses are often presented with a harsh reality: It takes a lot of time and resources.
As a CIO you don’t have time to go through bills and perform an invoice audit. You need the right managed telecom partner to help you perform these audits.
Streamlining and being cost-efficient with your telecom service isn’t easy. It’s a complicated, fast-moving field that is absolutely necessary for your company to remain competitive, but usually comes with a significant cost. It’s easy to fall into a situation where your billing and invoicing are decentralized and you have multiple contracts for the same service in different locations. Even if you’re with the same carrier, services and prices may be different depending on the location.
Now that you know how to save money on telecom services through a contract audit, you’re probably wondering why you’ve been overpaying so much for these services. The answer is an easy one.
The first step to creating the cost savings that your organization needs to realize from your telecom services is a full audit of all existing telecom and network contracts on a global basis. This audit allows us to see things that may have been missed or forgotten over the life of the contract. These are things like:
Telecom services are a huge portion of the budget of your enterprise organization. However, it tends to be the part of the budget that no one really has a complete grasp on. Since telecom services are so crucial to your organization’s function, you know that services can be expensive, but sometimes it’s hard to grasp why your telecom costs are so high.