Small Businesses - Eliminate Wasteful Spending With Wireless Expense Management
Author: Andy Barber
I can't imagine a company today that doesn't use wireless telecommunications to some extent. It could be anywhere from a handful of employees with cell phones, to worldwide extensive network of people using a myriad of wireless devices. It doesn't matter what size company you are, telecom is one of the greatest expenses incurred by most businesses.
The Poor Economy
Business in general is suffering from the economic downturn. Margins are tighter than ever. Every dollar counts nowadays. Wireless Expense Management can help loosen the grip that the economy has on your company and free up needed funds that you can use to do what you do best…conduct business.
A Few Random Thoughts
The Aberdeen Group discovered that 7% to 12% of all invoices contain errors in billing, and that 85% of those invoices were paid without any scrutiny.
Uncontrolled access to new devices by employees results in your company paying for lost or damaged devices after the user wanders in to the vendor and orders a new one.
Lack of an up-to-date device inventory of wireless devices and services cause many problems.
The Solution
Telecom Expense Management, or TEM, looks at your entire telecom expense expenditure and massages it into a controllable aspect of your business. It can save a lot of money, too.
A comprehensive TEM solution will approach your telecom spend from several directions. It will closely and accurately control inventory so you know who has what, and where it is. In conjunction with inventory, all acquisitions will be done through a single, centralized portal in order to keep the inventory up to date.
Additionally, the Telecom Expense Management team will be able to optimize your expenditures by seeking out the best deals from various vendors. Being vendor neutral, the TEM company has no bias or preferences for a certain brand or service provider. Their goal is to save money for you.
Another essential aspect of TEM is invoice validation. As mentioned above, there is a lot in inaccuracy in billing, and most of the errors favor the vendors and service providers. By scouring each invoice for errors and discrepancies, the TEM team can recover up to thousands of dollars a month depending upon the size of the client's company.
It Isn't Free
No…Telecom Expense Management companies charge for their services. Just like you, their intent is to provide a quality service while making a profit for themselves. But just because they charge for it, doesn't mean that your company won't benefit. Historically, most business save much more than they pay in TEM fees. Contact a reputable Telecom Expense Management company and ask questions. See what they can do for you. It doesn't cost anything to inquire about it, and it could keep your business in the black during these rough times.
The Poor Economy
Business in general is suffering from the economic downturn. Margins are tighter than ever. Every dollar counts nowadays. Wireless Expense Management can help loosen the grip that the economy has on your company and free up needed funds that you can use to do what you do best…conduct business.
A Few Random Thoughts
The Aberdeen Group discovered that 7% to 12% of all invoices contain errors in billing, and that 85% of those invoices were paid without any scrutiny.
Uncontrolled access to new devices by employees results in your company paying for lost or damaged devices after the user wanders in to the vendor and orders a new one.
Lack of an up-to-date device inventory of wireless devices and services cause many problems.
The Solution
Telecom Expense Management, or TEM, looks at your entire telecom expense expenditure and massages it into a controllable aspect of your business. It can save a lot of money, too.
A comprehensive TEM solution will approach your telecom spend from several directions. It will closely and accurately control inventory so you know who has what, and where it is. In conjunction with inventory, all acquisitions will be done through a single, centralized portal in order to keep the inventory up to date.
Additionally, the Telecom Expense Management team will be able to optimize your expenditures by seeking out the best deals from various vendors. Being vendor neutral, the TEM company has no bias or preferences for a certain brand or service provider. Their goal is to save money for you.
Another essential aspect of TEM is invoice validation. As mentioned above, there is a lot in inaccuracy in billing, and most of the errors favor the vendors and service providers. By scouring each invoice for errors and discrepancies, the TEM team can recover up to thousands of dollars a month depending upon the size of the client's company.
It Isn't Free
No…Telecom Expense Management companies charge for their services. Just like you, their intent is to provide a quality service while making a profit for themselves. But just because they charge for it, doesn't mean that your company won't benefit. Historically, most business save much more than they pay in TEM fees. Contact a reputable Telecom Expense Management company and ask questions. See what they can do for you. It doesn't cost anything to inquire about it, and it could keep your business in the black during these rough times.
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The author works for Integrity Communications, a business specializing in Telecom Expense Management. He is a freelance writer who has created articles about police work, promotional advertising products and marketing. Click here to see some of the offerings from Integrity Communications.
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