Telecom Expense Management and Call Accounting Technology!
How to Save 25-40% on Your Annual IT/Telecom Spend
When was the last time you reviewed all the various provider contracts sitting in your drawers or file cabinets? Chances are you could be saving much more by identifying and eliminating unnecessary services and products and negotiating better deals. But if you're like so many managers, you are strapped for time as it is. Who has time to put everything on hold while you sort through hundreds of documents and invoices, looking for overcharges and trying to find a better deal?
That's where an independent, third party professional can bring benefits that you just can't achieve by doing it yourself. A skilled auditor knows what to look for and where to find it. Here are two key areas where a professional services deep dive can really save you money.- Identify billing errors
- According to analysts, 85% of IT/telecom invoices received from vendors have billing errors. And they can cost an organization up to 12% of their annual IT/Telecom spend in the form of inflated costs. An auditor can quickly find these errors and will go to bat for you to get rebates from vendors. Do it yourself and you may realize a cost savings of 3-5%.
- Renegotiate your contracts
- A do-it-yourself approach to negotiating refunds for overbilling can be a long and drawn out process! You need the knowledge, expertise and access to all your provider tariffs. A professional auditor has the negotiation skills and tools to eliminate paying for products and services you’re not using and tighten up your contracts.
A good auditor, like TTI, will conduct a complete historical audit of services throughout your enterprise, including all expenses in your voice, data and wireless infrastructure - to recover refunds and credits for your organization.
Through our process, identifying potential telecom billing errors represents only 20% of the time and effort to complete the validation. The remaining time is spent reconciling with service providers to resolve the claim, correct the errors on the billing and secure the maximum refunds possible. The bottom line is that our audits will typically result in a 25-40% annual savings. That's real money. Those who insist on doing it themselves report savings between 5-10%. That's a big difference.Contact us. We'll be happy to walk you through the process and explain various options to create an audit experience that works for your organization.
About TeleManagement Technologies, Inc.
TeleManagement Technologies, Incorporated (TTI) provides Telecom Expense Management and Call Accounting solutions designed to effectively track, integrate, manage and protect an organization's information technology resources. TTI's TEM solution, WinBill®, has developed a reputation for an impressive ROI, with clients reporting savings of 300% or more! WinCall® Call Accounting tracks all domestic and international locations regardless of PBX type (analog, digital, VoIP) to facilitate internal bill back, identify PBX toll fraud and increase employee productivity. Extensive reporting capabilities are also included for planning purposes. TTI's experienced, responsive support team helps keep CFOs and IT/Telecom departments in total control of their technology expenses.
Since 1987, TTI has been designing software products that provide a better solution to managing corporate technology, inventory, expenses and services. For more information, visit www.telmantec.com.
Since 1987, TTI has been designing software products that provide a better solution to managing corporate technology, inventory, expenses and services. For more information, visit www.telmantec.com.
Check out other recent posts by TTI
Another year is under your belt as you look forward to a new one full of its own challenges and opportunities. It's a good time to take stock of this year … what worked, what didn't work and what adjustments are needed to make the new year more produ...
What's on tap for CIOs and IT managers in 2025? It's shaping up to be a year to exert more control over their digital transformation roadmaps as they build out practical uses for innovative technologies such as generative AI. It has taken a few years...
These are interesting times for CIOs and their IT departments. While budgets are forecasted to rise modestly, high interest rates, persistent inflation, and a volatile stock market create a challenging environment for IT leaders seeking to meet thei...
For CIOs and IT managers there's a lot more to manage these days. We have long stretched beyond the days of maintaining "dial tone" and are now in an era where strategic contributions are not only needed but expected by senior management, under pres...
We often hear from frustrated IT managers who bear the scars of dealing with large vendors. Being ignored in favor of other clients, waiting days for a callback, the list goes on. That's not to say that all large vendors don't care about their custom...
For most IT departments, there are more projects scheduled than there is money to pay for them. Technology innovations are coming at us fast and furious these days and end users are pushing for the latest and greatest. So it's on IT managers to esta...
