Lowering your telecom expenses boils down to implementing two different telecom cost reduction strategies. The first strategy is to audit your current telecom bills to find mistakes and billing errors. The second step, more long term, is that you need to negotiate for better contract terms. Let’s take a closer look at both of these […]
The Keys to Telecom Expense Savings Read More »
Did you know that 80% of all Telecom and IT related invoices contain billing errors, and that over 95% of invoices have services that aren’t needed (or aren’t billing at the best price point possible)? Here is a list of some common Telecom and IT expenses that hold unnecessary hidden costs for hospitals: Telecom &
Telecom Line Items That Are Costing You Too Much Read More »
Maximizing profit means minimizing expenses, but you must do this without compromising the quality of resources your company relies on. Your telecommunications expenses are a perfect candidate for cost minimization. Clients working with the Profit Advisory Group understand that up to 12% of telecom charges – in up to 80% of invoices – can be
How a National Retailer Saved 40% on Telecom & IT Expenses Read More »
When you go over the vast amount your company spends each month on all the various types of electronic communications being employed in the workplace the numbers can be staggering. This includes local and long distance calling on landlines, wireless phone use, data transmissions, conferencing and more. For most companies, the expenditures on telecommunications of
Keys to a Successful Telecommunications Sourcing Initiative Read More »
Telecommunications expenses represent more of the corporate budget than ever before as telecom becomes such an integral part of any business. Unfortunately, negotiations gone wrongcan leave you stuck in a contract that costs more than your business can afford to spend. Figuring out where you went wrong before you go into your next telecommunications contract negotiation
Why You Lost Your Last Telecommunications Contract Negotiation Read More »
Have you tried a telecom audit in the past only to be underwhelmed by the results? We have talked to major corporations, hospitals, private equity firms and a slew of other businesses who are a bit jaded about telecom audits. Sadly most telecom audits do not always produce sustainable savings, but it’s usually for the
Why Your Last Telecom Audit Did Not Work Read More »
Private equity firms, like any business, are constantly looking for ways to save money and more efficient ways of investing money. Paying higher than necessary telecom invoices accomplishes nothing toward these goals. Telecom invoices are not always easy to understand, but by learning how to discover what the charges are you may find areas where
3 Things Every Private Equity Firm Should Look for on a Telecom Invoice Read More »
Private equity firms are known for generating attractive profits. In fact, it is the profitability factor that drives many investors to select among the different funds for various rounds of additional funding. As each company works hard to achieve the most attractive results on its investments, it only makes sense to take the right steps
The Low Hanging Fruit of Telecom Savings for Private Equity Firms Read More »
Telecom expenses are one of the realities of doing business. Still adroit business professionals can see through all the numbers and turn your telecom expenses into a value play for your business. When you are just getting going here are three common expenses which no private equity firm should make. Not Leveraging Your Portfolio You
3 Telecom Expense Mistakes No Private Equity Firm Should Make Read More »
The telecommunications industry has seen many changes over the past few decades. Although many of these changes are beneficial to businesses, they can also be complex for anyone not familiar with the telecom world. As part of management, it is important for you to know your telecommunications options when choosing the right providers for your
Signs That You Need A Telecom Vendor RFP Read More »
