For many businesses, telecom ranks as one of the top expense line items. If your company hasn’t had a telecom audit recently (or ever), you’re likely overpaying for services. A risk-free audit from PAG could be the solution you need to uncover significant savings within your telecom billing. This blog will address a few common […]
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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
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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
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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
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In the last post we talked about the different ways an RFP can help you lower your telecommunication expenses. Some of the techniques are used as fear tactics. Your telecom vendor doesn’t want to lose you , and oftentimes they will do anything so that you stay. This next tactic is used in a
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Private Equity firms can easily add value to their portfolio’s through telecommunications. In fact many PE firms have already started adding value to their portfolio’s following these 2 easy steps. If you’d like to add more value to your portfolio, and in trn more value to your clients follow these two easy steps. Telecom Audit
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With new changes to communications technology, companies are compelled to spend more and more money each year on telecom services. Expenses for American companies are expected to exceed $2 trillion over the next several years, and those numbers will only continue to increase. Unfortunately, because the invoices and contracts are so complex and difficult to
Telecom Audits: In-house, Software or Consulting Firm; Which is right for you? Read More »
One of the most expensive – but most valuable – commodities for any growing business is telecommunication services. But as with most business technology, you have to put some work into getting the most value out of your telecom spending. Fortunately, you can take several easy, inexpensive steps right now to optimize your services and
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When is the last time that you truly analyzed your telecom bills? Chances are that you just continue to pay telecom bills as they come in without giving any real thought as to the reason the bills are so high. As a business owner, you can expend a lot of capital on expenses that are
Why Your Telecom Bill Is So High & How To Reduce It Read More »
In today’s world where communication is vital for all businesses, and the cost for communication services is a large and often confusing expense, there is an obvious need for telecom expense management or TEM. For many companies trying to get a handle on their telecom expenses, the logical first step is a telecom audit. The
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