Telecommunications has evolved into such a crucial and indispensable part of business infrastructure that it’s typically among the five largest line items in a company’s budget today. For many businesses, total telecom spending even rose significantly during periods when unit pricing for telecom equipment and services was dropping because of advances in technology. In other […]
A telecommunications audit at any business or organization will typically find significant savings and potential savings. From overbilling and other invoicing mistakes to the discovery of unused services that can be eliminated altogether, a thorough telecom audit can recover thousands of dollars in overpayments and reduce costs going forward anywhere from 20 to 60 percent. […]
Of all the monthly invoices your company receives for payment, telecommunications invoices are the ones that you should perhaps pay the closest attention to. Landline and wireless phone bills should never be paid automatically, without close inspection, because 18 percent of all telecom bills contain mischarges. Corporate phone bill audits typically reveal overcharges going back […]
Ever seen a mysterious charge on your phone bill for a service that you don’t remember ordering? You wouldn’t be the only one. Each year, 15 to 20 million U.S. households find unauthorized telecom charges on their landline, wireless or VOIP phone bill, according to statistics from the Federal Communications Commission (FCC). These households have […]
According to the non-profit Center for Budget and Policy Priorities, 42 out of the 50 states and the District of Columbia have projected revenue shortfalls for the 2012 fiscal year. The CBPP also reports that 23 states have made identifiable cuts in support for public schools. As state and local governments continue to face harsh […]
One business information expert has called cell phones one of the top five business tools today. Not coincidentally, another study showed that telecommunications costs – including wireless charges – are now among the top five line item expenses for a typical company. Cell phones are clearly indispensable for most organizations, from the largest down to […]
Information and data have become the lifeblood of businesses in the post-industrial age. It follows then that the information technology (IT) infrastructure that makes it possible for data to be distributed and shared quickly is as critical to a business as the circulatory system is to the human body. Unlike the body, however, IT systems […]
Paying a vendor and getting nothing of value in return makes no business sense, but that’s essentially what your enterprise is doing every time it’s forced to remit a late payment fee to a telecommunications company. Like banks today, telecom companies have a reputation for making a significant portion of their income from various fees […]
Telecom providers pitching their services to your business would probably point out all the ways in which they can enhance your company’s ability to communicate. The telecom carriers themselves, however, are not necessarily such good communicators when it comes to giving their customers information on how their services are priced. Prime examples of this are […]
Your enterprise has to keep an eye on the bottom line. After all, private companies exist to make a profit. Even non-profits and government entities have to control expenses carefully in order to make the most of limited resources. Good telecommunications management is one of the most important business cost controls today, because telecom expenses […]