Thursday, May 5, 2011

Quick fixes to telecom services

You definitely would like to cut back on costs as most of us do as we struggle through our economic times.  Finding savings is time consuming.  We want quick fixes and we want them now.  There are ways to get some quick returns if you take a few simple steps.

One is to pull all services together.  Build an inventory of your wireline, wireless, data, network, Long Distance invoices and any known contract details into a spreadsheet.  Make note of who the invoices belong to in your organization and the monthly costs. 

This would then move you into the second step which is the visibility needed to focus on these expenses.  You might be surprised at how quickly something stands out from a cost perspective or that a particular office has been closed for some time. 

I've completed these simple steps for clients in the past and have always found it to be an eye opener for clients.  Not only does it provide my clients with the visibility needed into their telecom spend, I always find it to be a great sense of accomplishment of a job well done.                                                 

There are of course pressures that require a more in-depth analysis of your services.  Some that come to mind are the scheduling and reviewing of telecom contracts, reporting and tracking the spend, optimizing wireless rate plans and features, centralizing invoices.  Even with the knowledge that these pressures are still valid and still need to addressed, the first few steps noted above will give you some quick returns. 

If you decide to engage the services of an expense management software solutions to control your costs, the above steps will be required documents in the overall process and the time spent initially will not have been wasted. 

If you are having a problem with the lack of independent experts to assist in the process of cost reduction, I can definitely lend a hand.

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