As former Telecom Executive turned Rock Superstar David Bowie might have said, If you aren’t taking the time to become intimately familiar with all the ch-ch-ch-changes in telecom or working with someone who already is, your company is likely spending tens, even hundreds of thousands of dollars unnecessarily each year. Mark Knopfler referred to this undesirable dilemma as, “Money For Nothing.” Talk about being in Dire Straits.
Many CFO’s, CIO’s and IT executives do not have an extensive background in Telecom. (And why would they?) Therefore, they may not even be aware they could be leaving a lot of money on the table. Money that could go directly to improving the bottom line, or funding growth opportunities previously deemed cost-prohibitive. If you answer “NO” to one or more of the questions below, you might be seriously overpaying for your Telecom services. That being said, I’ve got some good news for you. Those same “NO’s” put you in a prime position to “find” a lot of money. I’m going to show you were to look. Ok – here are the questions.
What… Me Worry?
Do you know:
*Nearly 8 times out of 10 your telecom invoice contains an error?
*Which telecom fees can be waived or Your Telecom providers’ best in class price points?
*Understand the confusing terms and conditions in your contract and monthly invoice?
*Your Telecom providers’ current promotions and pricing offers?
*85% of telecom invoices are not audited although 7-12% of all charges are in error.
*Do you understand MRC’s, NRC’s, Coterminous Expiration Dates, MUG’s or PRI’s?
No More Moody Blues
If you answered “no” to a majority of these questions, you are not alone. And as tempted as you may be, you don’t have to start singing, ‘Sometimes I wonder what I’m a gonna do, ‘Cause there ain’t no cure for the Telecom Blues’. With apologies to Eddie Cochran, and the dozens of artists, from The Who to Van Halen, who covered his iconic hit, there IS a cure for The Telecom Blues. It’s FREE, contains no risk, and is effective 99.9% of the time.
So then, what’s the answer? Without a doubt, the most beneficial thing you can do to cut down on telecom expenses is begin to understand the world of telecom so you can make truly informed decisions. Fortunately, it doesn’t have to be painful. All you have to do is download Profit Advisory Group’s FREE E-book:
CORPORATE GUIDE TO UNDERSTANDING & REDUCING TELECOM
Once you do, and check out some of the other FREE resources on our website, you will be armed with the knowledge you need to begin the process of getting your Telecom costs under control. Then, you will only have to answer 1 question – What will YOU do with all this found money?
[author_bio username=”Tom Reda” name=”yes”]
*this article was originally published on the LinkedIn publishers network 9.8.14
