Uncover Hidden Telecom Costs
Leaving your telecom vendor costs unchecked can lead to significant financial leakage. The key is to “Find the hidden fees in your telecom services.” While the process may not be exciting, the rewards of uncovering these hidden costs can be substantial. It’s a crucial exercise in maintaining good financial stewardship and keeping your telecom expenses in check.
Dive Deep into Your Telecom Invoices.
Start with a detailed analysis of your telecom vendor invoices. When you thoroughly examine your company’s telecom services, a picture emerges – and it’s often full of unpleasant surprises in the form of hidden fees and overspending.
Most organizations lack the time and resources to conduct such an in-depth telecom cost analysis. With multiple telecom vendors across various departments, managing telecom services effectively can be a high-cost endeavor.
Our company specializes in telecom cost optimization and other non-core procurement areas. We leverage national agreements, industry relationships, and subject matter experts to deliver best-in-class telecom solutions and services.
After a comprehensive analysis of your business or portfolio, we recommend the most advantageous custom telecom solutions. We’ll even implement the new telecom service programs on your behalf.
Telecom, Wireless and VoiP Cost Reduction:
- Contract Negotiations
- Usage Analysis
- Bundling Services
- Eliminating Unnecessary Features
- VoIP Implementation
- Auditing and Dispute Management
- Optimizing Data Plans
- Switching Providers
- Adopting Cloud Solutions
- Implementing Telecom Expense Management Software
- Consolidating Lines and Services
- Negotiating Bulk Purchases
Telecom Cost Reduction Case Study
ACC embarked on a procurement transformation engagement with a USA-based, publicly traded healthcare corporation with $22B in revenue. ACC was tasked with managing a significant portion of their operational spend. Among this, ACC was responsible for optimizing a telecom spend of appx. $30M. Through strategic contract negotiations with our subject matter experts, identification and elimination of zero-usage lines, and implementation of a Telecom Expense Management (TEM) system, ACC not only streamlined processes but also ushered in substantial financial savings.
This meticulous approach led to an annual implemented telecom savings of $15M out of the client’s total telecom expenditure managed by ACC. The partnership underscored ACC’s expertise in navigating complex challenges within high-stake environments, demonstrating a deep understanding of the necessity for both immediate financial impact and sustainable long-term savings. The successful engagement also reaffirmed our commitment as a pivotal ally in the healthcare’s ongoing efforts to enhance operational efficiency and financial prudence.
Telecom Services Optimization Areas
- Telecom vendor payments via various methods (checks, credit cards, ACH, wire transfers, etc.)
- Banking fees and transaction costs associated with telecom services
- Reconciliation of telecom vendor payments
- Processes for paying telecom vendors across your organization
- Mobile device and data plan optimization
- Accounts payable processes related to telecom services
- Treasury management cost reductions for telecom expenses
Rest Assured…
We understand you may have concerns about optimizing telecom and other indirect spending areas, but you can be assured that:
- There’s no need to change telecom service providers unless you would like to.
- We handle the heavy lifting on your behalf.
- Once implemented, your company will benefit from streamlined telecom billing, services and management processes.
- We leverage our own buying power and expertise to turn telecom expense management into a cost-saving advantage.
- Our expertise lies in navigating the complexities of telecom services optimization, ensuring a seamless transition to more efficient and cost-effective solutions without disrupting your operations.
