ATTENTION CEOs AND CFOs OF AMERICA: THERE’S A LOT OF MONEY TRAPPED INSIDE YOUR PHONE! A convergence of three powerful telecom missteps has created a Perfect Storm, and it is trapping hundreds of millions of dollars inside the phones of companies of every size, all over the country. Interestingly, this is not by accident. It […]
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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
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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,
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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
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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
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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
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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,
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Even if you are well acquainted with the telecommunications industry, there are so many different subfields that you may not be aware of some money-saving technologies. WDM, or wave division multiplexing, is a great way to maximize your investment in privately-owned lines and also a very advantageous service should you decide to purchase it from
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Whether you are helping run a mature business or a fairly new startup, everyone needs to have at least a fundamental knowledge of telecom audits to succeed in the modern world. Our dependence on technology has skyrocketed in recent years, and modern infrastructures are becoming exponentially complex. With each passing day, the skills to manage
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At first glance, it may seem like Original Equipment Manufacturer (OEM) maintenance is your best option. Unfortunately, many businesses purchase maintenance services for an OEM that doesn’t add any more value to their infrastructure than other maintenance services. In fact, the OEM services are usually more costly and will frequently try to upsell you on
