Blog

Is a Telecom Audit Right for Me?

Is a Telecom Audit Right for Me?

The process of understanding your telecom bill has become complex, and can be time consuming and overwhelming.  If you have a small company, then your employees probably wear many hats in order to accomplish everything that needs to get done. A larger company benefits from having IT and procurement departments, but members of these departments also have a full array of job responsibilities. It… read more

How to Gain Leverage Over Your Telecom Services Provider

How to Gain Leverage Over Your Telecom Services Provider

Wouldn’t it be great to have the upper hand when it comes to negotiating with your telecom services provider? The reality for many of us is that our telecom providers are in the drivers seat. They set prices and terms, and because you simply cannot run a business without telecom services, you play by their rules and pay each invoice as it rolls in. Despite what many people think, it IS… read more

How to Lower Your Current Telecom Bill

How to Lower Your Current Telecom Bill

Telecom is a vital service in today’s business world. The many communication services provided by telecom carriers allow us fast and easy access to information, collaboration, and clients across the globe. The world of telecom has grown to be something much more advanced and complex than the simple hardwired phone lines that were our main source of connecting not so long ago. With all of t… read more

Why Is My Telecom Bill So Confusing?

Why Is My Telecom Bill So Confusing?

As a business owner, you receive many invoices that need to be paid on a regular basis. Some of them are easy to understand, so you pay them without question.  This is NOT the case with the telecom bill. Telecom bills rank consistently as one of the most difficult invoices to understand, leaving many people asking themselves, “WHY is my telecom bill so confusing?” Here are some of t… read more

A Comprehensive Analysis of Your Telecom Charges

A Comprehensive Analysis of Your Telecom Charges

Whether you are a small business owner or a CFO of a large corporation, you have the same basic goal in mind: profitability. You are constantly weighing expenses against earnings, and trying to minimize expenses without cutting corners whenever possible. Telecom is a necessary expense for any business. Understanding your telecom charges so that you know exactly what you are paying for can … read more

Telecom 101: Learning the Language of Telecom

Telecom 101: Learning the Language of Telecom

When you try to make sense of the invoice from your telecom service provider, does it look like a foreign language filled with technical jargon and acronyms? The service providers know that the less you understand about your bill, the less likely you will be to challenge it! Though almost 80% of telecom invoices contain errors, customers can’t easily identify errors because they simply… read more

Telecom Audit Case Study: Enterprise Solution

Telecom Audit Case Study: Enterprise Solution

Customer Overview: A leading national retailer engaged Profit Advisory Group to strategically source their spend for voice, data, wireless, internet and equipment. Spend volume: USD 10 million annually on service and USD 18 million in new equipment. Project included more than 575 global locations. Key Telecom Challenges & Objectives: Challenges included extensive data collection efforts and… read more

Telecom Audit Case Study: Wireless Solution

Telecom Audit Case Study: Wireless Solution

Customer Overview: A leading Manufacturer engaged Profit Advisory Group to strategically source their Global spend for wireless services. Spend volume: USD 7.6 million annually. Project included more than 45 global locations. Key Challenges & Objectives: Challenges included extensive data collection effort with multiple carriers in US, EMEA and APAC. Key objective was to reduce cost and gain… read more

Telecom Audit Case Study: Private Equity Firm

Telecom Audit Case Study: Private Equity Firm

Customer Overview: A leading Private Equity Firm engaged Profit Advisory Group to strategically source the Wire line Services. Spend volume: $14 billion in assets under management. Project included 26 operating companies. 1 Company served as the pilot Approximate spend of $40,000,000 Key Challenges & Objectives: Challenges included extensive data collection effort of a large spend wit… read more

6 Tips to Reduce Telecom Expenses & Increase Efficiency

6 Tips to Reduce Telecom Expenses & Increase Efficiency

Communication keeps business moving alive and moving forward. While telecom is a necessary expense for any business, the costs for telecom can snowball into a very large total very easily. How do you keep the expenses for communication reasonable without sacrificing services? Here are 6 tips to help your business reduce telecom expenses and increase communication efficiency: 1. Do the Researc… read more

5 Reasons to Switch Telecom Vendors

5 Reasons to Switch Telecom Vendors

Have you been with the same telecom vendor for a while? Perhaps you are wondering if “the grass could be greener” if you made a switch. Sometimes it is difficult to know if and when it is the right time to consider a new telecom vendor. Here are 5 reasons for switching telecom vendors that may help with your decision making process: 1.  Improving Your Telecom Service Options Are you happy… read more

Telecom Audit Case Study: GA Regional Medical Center

Telecom Audit Case Study: GA Regional Medical Center

Customer Overview: A Georgia Based Regional Hospital engaged Profit Advisory Group to audit their spend for voice, data, wireless, internet and equipment. Spend volume: $1,200,000 annually. Project included 23 locations. Key Challenges & Objectives: Extensive Data collection using Profit Advisory Group Data Collection process and analysis phase preceded the scoping of the spend to b… read more

Copyright © Profit Advisory Group. All Rights Reserved.