Cut Operating Expenses For Your Business - Telecom Expense Management - All Reward, No Risk

One way to help keep your business afloat duringsimple cell phone.
these troubled economic times is to ensure that youFour...asset management. In conjunction with
are not paying to much for your telecom services. ItE-Procurement, asset management will allow you to
is entirely possible to save hundreds...even thousandsgenerate an accurate and real time inventory of all
of dollars a month, depending upon the size of youryour telecom assets. If you have been in business
business by making every dollar spent on telecom afor more than a week, you realize that you cannot
wisely spent dollar.run a business without knowing what you have, who
As companies grow, their need for expanded wirelinehas possession of it, and where they are.
and wireless telecommunications grows with it.Five...invoice validation is an important aspect of
Imagine trying to conduct business today without theTelecom Expense Management. Invoices are just
great technology afforded by today'sslightly less complex than building a space shuttle.
communications companies. You simply could not beCryptic at best, they are generally just paid by
competitive. As your staff increases in number, youaccounts payable without anyone scrutinizing them.
slowly add cell phones, extensions, and serviceStudies have shown that many invoices contain
contracts. It is a piece-meal process that oftenerrors, and a majority of those errors are in favor of
becomes out of control. It creeps up on you, andthe vendor. (Hard to believe, right?) Paying them like
before you know it, you have an out of control,that is just like burning money in the fireplace. Using
inefficient monster gobbling up funds.the reports from other aspects of TEM, the team
You Do Not Need To Get Rid Of Phones, Devices orcan compare the invoices to your actual inventory
Service.and usage to discover the errors and recover
Yes, you can significantly reduce your telecomeliminate the overcharges.
expense without simply shutting off cell phones andSix...Help Desk Support provided by a Telecom
wireline services. Keep them all...just make them moreExpense Management team can smooth out the
efficient. This can be done in several ways.inevitable wrinkles that are inherent with a complex
One...ensure that your company is not overpayingsystem of wireless devices, landline phones and
telecom taxes. Easy, right? Well, not really. It requiresswitchboards. Instead of saddling the employee with
knowledge and skill to be able to check yourthe responsibility of trying to resolve various
expenses and compare them to the vendors'problems, they can call Help Desk who has the
invoices, which generally reflect all those taxes. Theknowledge and resources to fix it fast, keeping your
professionals who can do that will make sure you areemployee productive.
paying your fair share, but no more.You Can Do It Yourself, If...
Two...optimize your telecom expenses. As noted...you have someone with the proper tools, skills and
above, this is not something that can be done by anexperience who can comb though every aspect of
hourly employee who has some time on his or heryour telecom expense, including taxes, contracts, and
hands. Experience is needed to accomplish this task.equipment.
A professional Telecom Expense Management (TEM)Or...
team will sift through every dollar you spend and...you can employ a professional Telecom Expense
make recommendations that will reduce yourManagement company to do it for you. The choice is
operating costs. Those recommendations mightyours, but I'd prefer a knowledgeable professional be
include switching wireless service providers,in control. You hire professionals for your IT
renegotiating contracts, and simply finding the bestdepartment, right? When your building needs new
deals from all available sources.carpet you call on a professional carpet layer, right?
Three...a system called E-Procurement should beSo why would you try to reduce your telecom
implemented. It is a system through which everyoperating expense without having a professional
purchase or lease, every service contract, and everydoing it?
return or exchange of anything related to telecomContact a reputable TEM company. Ask what they
must pass. E-Procurement assures that onlycan do for you. Have them supply you with examples
approved equipment and services are acquired, whichof their ability to save money for businesses. This
eliminates employees from wandering in to yourarticle cannot explain all the details, of course, so it
vendor and ordering the most expensive device andonly makes sense to call, send an e-mail message, or
elaborate service contract when all they need is awalk in their door and find out specifics.