Beginning with a complimentary consultation, each telecom audit engagement is structured to fit the needs of the client. Engagements require no capital investment or staff retooling. Your service plan can be up, running and delivering solid return on investment in a matter of weeks. TOTLCOM's Telecom Bill Auditing and Telecom Services Analysis process includes researching and analyzing your Telecom:
TOTLCOM acts on your behalf to resolve telecom billing issues, recover overcharges and correct current billing errors.
“Substantial payback exists for telecommunications auditing functions.
Organizations should establish strategic relationships with third party companies
to ensure accurate billing.”
- META Group Research Findings
Validated daily, TOTLCOM telecom and network expertise as well as its analytical capabilities can give you more control over your telecom expenses and services – Contact Us or give us a call today at 800-300-5500 and request a no obligation consultation.
Telecom (voice, data, and wireless), vital to most every business, is amongst the largest of business expenses incurred today. Unchecked, telecom billings are also one of the biggest bottom-line bleeds in business today.
For effective Telecom Expense Management, you need business intelligence and asset visibility. In combination, Reporting and Analytics help your organization... Compounded by telecom mergers, bankruptcies, position eliminations, and a general upheaval in the telecom world, this problem is likely to get worse before it gets better.
As reported by CFO Magazine, $8 billion annually is lost in business profits due to telecom billing errors in Fortune 500 companies alone. Telecom miscalculations, duplicate billings, incorrect contracted rates, unnecessary surcharges, unethical billing errors, unreimbursed refunds or credits, and more are part of the primary cause for this bottom-line bleed.
Businesses and organizations commonly pay telecom invoices without reviewing them for inaccurate or fraudulent billing. This is due in part to the cryptic nature of telecom invoices and the immense amount of time and expertise required to evaluate charges.
Historically, TOTLCOM's TEM service has identified billing errors and optimization benefits in more than 85% of its telecom audit engagements. Findings and resulting savings commonly range from 10 to 40 percent of Clients annual telecom spend. And for every dollar over-charged or billed in error by telecoms, an additional 9 to 30 cents is billed in fees, surcharges, and taxes.
When considering the size and scale of telecom billing errors uncovered, serious bottom line bleed is ever-present if unchecked.
Clearly, businesses are leaving money on the table. At a time when businesses are struggling to control costs and stay competitive with new technologies, uncovering telecom billing errors has become a top business priority.TOTLCOM's Telecom Expense Management (TEM) services offer a business partnering approach to effectively managing telecom (voice, data, and wireless) expenses.
Reduce telecom costs by identifying opportunities for optimizing rate plans and renegotiating contracts.
Increase visibility into telecom costs and trends while there is still time to take proactive actions, avoid problems, and move any money left on the table to your bottom line.
Telecom Bill Auditing and Telecom Services Analysis:
strong value-add service, TOTLCOM's Telecom Bill Auditing and Telecom Services Analysis was founded on telecom expertise, specialized software tools, and proven auditing processes and practices.