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Another Month…Another Thousand Dollars

Another Month…Another Thousand Dollars

Are you letting months go by paying an unvetted assortment of suppliers, or with invoices that are getting paid without scrutiny, or contracts that haven't been re-negotiated for years? Why?

The answer is that you don't have time to analyze every penny you spend. You have too much on your plate as it is. And now you have to concentrate your energy on evaluating and deploying new technologies and more efficient networks and everything else to keep the doors open and end users working.

The problem is that the price of inaction in holding suppliers, bills and contracts accout off is a lot higher than you think.

Here's how it breaks down:

  1. Suppliers unchecked.How do you know you still have the right mix of vendors? When was the last time you had a look at your service level agreement? Are you still paying for disconnected services? How about equipment that’s sitting in a back closet?

  2. Invoices paid without scrutiny.Billing errors represent one of the biggest money drains for companies. In fact 85% of IT/telecom invoices have errors. Are you paying invoices twice due to glitches in the system? Your vendors may be remaining silent while they collect their payments. If you are using your TEM (Technology Expense Management) to identify these areas you can quickly gain control over runaway invoices and save thousands of dollars by holding vendors accountable.

  3. Old contracts that just keep getting renewed.When was the last time you sat down and went through all your contracts? Maybe it’s time to renegotiate some, if not all of them.

What's important here is to realize that savings in the above areas can be significant. That means thousands per month and hundreds of thousands per year that can be saved on your IT/telecom spend.

Here's our challenge to you. It's a new year. Stop turning your back on the drip, drip, drip of money going down the drain as each month melts away thousands of dollars. Because, with a little planning and organization you can stop the money drain now.

It starts with a phone call. We have a team of the most skilled IT/Telecom experts around. They know where the money is hiding and, by conducting a thorough audit, they will identify areas that can be tightened up and optimized to save you thousands of dollars each month off your IT/telecom spend.

Inaction is costly. Don't wait until someone else finds the holes before you do. Make it a high priority this year and you'll get it done. With the extra money in the bank to prove it.

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About TeleManagement Technologies, Inc.

TeleManagement Technologies, Incorporated (TTI) provides Telecom Expense Management and Call Accounting solutions designed to effectively track, integrate, manage and protect an organization's information technology resources. TTI's TEM solution, WinBill®, has developed a reputation for an impressive ROI, with clients reporting savings of 300% or more! WinCall® Call Accounting tracks all domestic and international locations regardless of PBX type (analog, digital, VoIP) to facilitate internal bill back, identify PBX toll fraud and increase employee productivity. Extensive reporting capabilities are also included for planning purposes. TTI's experienced, responsive support team helps keep CFOs and IT/Telecom departments in total control of their technology expenses.

Since 1987, TTI has been designing software products that provide a better solution to managing corporate technology, inventory, expenses and services. For more information, visit www.telmantec.com.

Check out other recent posts by TTI

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