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 achieving buy-in from multiple company stakeholders. A potential technology … [Read more...]
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 greater control of the spend worldwide. Additional objectives included … [Read more...]
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 with multiple services. Key objective was to reduce cost and gain greater control of … [Read more...]
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 Research: The telecom market changes rapidly, and prices fluctuate over short amounts of time and from vendor … [Read more...]
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 with all of your options? As new and improved options become available, your current provider may or … [Read more...]
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 be reviewed. Strained Client Vendor Relationship. Project objectives included achieving … [Read more...]
Telecom Audit Case Study: Medical Center
Customer Overview: A Mississippi Based Regional Medical facility engaged Profit Advisory Group to audit their spend for voice, data, wireless, internet and equipment. Spend volume: $880,000 annually. Project included multiple locations as well as Physicians groups. Key Challenges & Objectives: Challenges include Extensive Data collection. Hospital was using an antiquated local service that needed to be upgraded. Project objectives included achieving cost savings, … [Read more...]
Telecom Audit Case Study: Southeastern Grocer
Customer Overview: A North Carolina based Grocery Store chain engaged Profit Advisory Group to audit their spend for Local, Long Distance, Cellular and DSL services. Spend volume: $2,247,000 annually. Project included nearly 250 locations. Key Challenges & Objectives: Challenges included data collection from 17 vendors. Client-Vendor relationships were virtually non-existent. Project objectives included cost reduction, invoice consolidation, development of a … [Read more...]
Telecom Audit Case Study: Manufacturer
Customer Overview: A national Paper and Plastics Manufacturer engaged Profit Advisory Group to audit all of their Telecom spend. Spend volume: $1,350,000 annually. Project included multiple locations and divisions. Company has acquired of competitors over last 5 years. Some acquisitions were partial (certain divisions/business units, but not entire company). Key Challenges & Objectives: Challenges included extensive data collection, including many invoices still in the … [Read more...]
Understanding the Procurement Process
At first glance, the procurement process for telecom equipment may seem like a piece of cake. However, there is a lot to consider regarding the reliability of suppliers, the cost of equipment and service, as well as savings options that can drastically cut your expenses. Profit Advisory Group is an expert regarding the procurement process, and we can help your business save boatloads of time and money. The following is an outline of our proven strategy for procurement: Phase 1 of the … [Read more...]
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