Telecom Expense Management and Call Accounting Technology!
How to Save 25-40% on Your Annual IT/Telecom Spend
When was the last time you reviewed all the various provider contracts sitting in your drawers or file cabinets? Chances are you could be saving much more by identifying and eliminating unnecessary services and products and negotiating better deals. But if you're like so many managers, you are strapped for time as it is. Who has time to put everything on hold while you sort through hundreds of documents and invoices, looking for overcharges and trying to find a better deal?
That's where an independent, third party professional can bring benefits that you just can't achieve by doing it yourself. A skilled auditor knows what to look for and where to find it. Here are two key areas where a professional services deep dive can really save you money.- Identify billing errors
- According to analysts, 85% of IT/telecom invoices received from vendors have billing errors. And they can cost an organization up to 12% of their annual IT/Telecom spend in the form of inflated costs. An auditor can quickly find these errors and will go to bat for you to get rebates from vendors. Do it yourself and you may realize a cost savings of 3-5%.
- Renegotiate your contracts
- A do-it-yourself approach to negotiating refunds for overbilling can be a long and drawn out process! You need the knowledge, expertise and access to all your provider tariffs. A professional auditor has the negotiation skills and tools to eliminate paying for products and services you’re not using and tighten up your contracts.
A good auditor, like TTI, will conduct a complete historical audit of services throughout your enterprise, including all expenses in your voice, data and wireless infrastructure - to recover refunds and credits for your organization.
Through our process, identifying potential telecom billing errors represents only 20% of the time and effort to complete the validation. The remaining time is spent reconciling with service providers to resolve the claim, correct the errors on the billing and secure the maximum refunds possible. The bottom line is that our audits will typically result in a 25-40% annual savings. That's real money. Those who insist on doing it themselves report savings between 5-10%. That's a big difference.Contact us. We'll be happy to walk you through the process and explain various options to create an audit experience that works for your organization.
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.
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
If you're in charge of an IT department, no one knows better than you the challenges that the data and analytics bring to your organization. First of all, you're charged with keeping your finger on the pulse of what's on the horizon. Along with...
Inc. Magazine recently wrote about Steve Jobs' return to a floundering Apple, back in 1997, and how he restored focus and innovation to get the company back on its feet and into an unprecedented period of growth. And, as they say, the rest is history...
Believe it or not we're heading into the last quarter of the year. This is the time when everyone tries to knuckle down and get some things done. It's also the time when you go back and look at all the things you were supposed to accomplish this yea...
Today's IT departments are facing plenty of new security challenges, especially those supporting employees who work remotely. As you know, this is a trend that really took off with generation Y employees (millennials) seeking employers who could offe...
The Internet of Things. Better known as IoT, a technological phenomenon born from the ability to embed sensors and other components into everyday devices and items to allow us to collect data from them. Lots of data. And, while IoT brings an amazing ...
To say that IT and telecom managers have a lot of challenges these days is an understatement. One of the biggest challenges is getting budget approval to update old technologies and install new ones. Does that sound familiar? One way we work with ...
