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Page 1: 5 Questions for Better Telecom Expense Management

5 Questions for Better Telecom Expense

Management

Page 2: 5 Questions for Better Telecom Expense Management
Page 3: 5 Questions for Better Telecom Expense Management

Are you looking to expand your telecom horizons?

If you could be saving up to 30% on your telecom expenses, why wouldn’t you?

Here’s 5 questions to help you create a cost effective telecom environment

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QUESTION 1: How much do we spend on telecom expenses?

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Did you know?

In our 20+ years of service, we have found that:

• 85% of people don’t know how much they spend• The other 15% who guess are usually 20-50% wrong

on the number they guess

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Telecom Savings

• 15% of telecom (wireline and wireless) invoices have errors.

• Having a wireless policy will save you 40% or more on your mobile services.

• Actively managing and tracking telecom expenses can save you 22% (or more) on your mobile services.

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Question 2: Do we know our inventory?

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First Step: Get Organized

Approach 1Get a tool, like Clearview, Valicom’s TEM Software

Approach 2Ask for your CSRs (Customer Service Records) and compare billing to actual inventory.

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Approach 1: SaaS

With Clearview: • Manage telecom inventory• Manage imaging and archiving• Manage billing and auditing• Manage tracking and change

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Approach 2: CSR

• CSR stands for “customer service record” – it’s a detailed account of your services and billing.

• Obtain your CSRs from your vendor, and compare what you think you are paying to what they are charging you for each month.

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Question 3: Who reviews our invoices?

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By the books

Archiving & Recording invoices is essential to:• Keeping track of month-to-month payments• Confirming you are getting exactly what you are

paying for.• Monthly reports-inventory, auditing results, and

invoice information

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Question 4: Have we optimized our environment?

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What do we actually need?

Give un-needed devices the boot!

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Explore Your Options

There are so many telecom options out there. Customize your plans to your needs and budget.

Here’s a few options we can help you explore:• BYOD-Bring Your Own Devices• Wireless Policy• Sharing Data Plans-Data Pooling• Sharing Minutes- Minute Pooling

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What is benchmarking?

• Your vendors are actually sales people. Their goal is to charge a premium for your services (that you may or may not need).

• TEM experts, like Valicom, know what others are paying, and can help get the best deal for your business.

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Question 5: When do our contracts expire?

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Get a copy of your contract!

• If you don’t upgrade your contract, when it expires they will start charging you month to month fees

• Be proactive, know when your contract expires, and make the decision that best fits your business for the updated contract.

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Seeing Results

If you are able to answer these questions you will see:

• A well-managed, cost-effective telecom environment

• Reduction in risk

• Increased operational efficiency- your people doing what they do best

• Visibility to manage current and future spend and make smarter business decisions

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If you can only answer a few of these questions, it is

okay!

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But know that you may be missing opportunities for

savings.

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Let us help you find telecom savings.

We’ll build a solution custom to your needs (and budget).

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Ready to take full control of your telecom expenses? Let us know!

valicomcorp.com800.467.7226

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