Give yourself 10 bonus points for knowing what the telecom acronyms stand for, another 10 if you know what the terms actually mean, and an outright A+ if you know the difference between them all! For the other 99% of us, let’s dive right in. MDM: Mobile Device Management WEM: Wireless Expense Management TEM: …
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 …
What is WDM & What Does it Mean for your Company? Read More »
Managing your telecom expenditures can quickly get out of control if you don’t have adequate processes in place to protect your income. In the blink of an eye, you can lose hours upon hours of hard work and massive chunks of profit that could have otherwise been spent growing your business. TEM (Telecom Expense Management) …
Why TEM is Crucial to the Success of Your Business Read More »
At Profit Advisory Group, we are incredibly proud of how streamlined and effective our process is. Many competitors claim that they have the best processes and procedures to save you money, yet are unable to quantify the effectiveness of their program. We, however, have saved our clients over $200 million dollars since 2002. We can …
How We Have Saved Clients over $200 Million Since 2002 Read More »
Another year has gone by, and business is good. Your company is earning profits, but it seems like expenses are also on the rise. As you look over your yearend numbers and look for ways to “trim the fat” moving forward, you see that the expenses for telecom, data, and wireless devices have grown significantly …
10 Questions to Ask a Consultant Before a Telecom Audit Read More »
When you execute a contract for corporate telecom services, you lock your company into a long term arrangement that probably costs more than it should. The contract you sign will likely include a confusing mix of telecom jargon, pricing structures, tariffs and service guides. Every bill you pay will typically include 10 percent or more …
Telecom Expense Management: A Comprehensive Guide Read More »
Profit Advisory Group has helped companies save over $220 million in telecom expenses over the last 12 years. Most of those savings came from our audit, contract negotiation and RFX administration services. Essentially, if you needed a quick and thorough understanding of your telecom expenses, you called PAG. We are excited to let you know …
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 …
Global telecom expenditures recently surpassed $5T, and in the last few years alone, nearly $2B of that was composed of TEM software sales. Clearly, it’s critical to understand the role of TEM in telecom expense management. Telecom expense management (TEM) software basically processes and organizes the large amounts of data created by your telecom billing …
Understanding TEM Software: Who should use it & when? Read More »
When looking to shave off unnecessary telecom expenses, it’s not uncommon for financial executives to search out the quickest and easiest way to cut costs. Many hope to find a “silver bullet.” While this approach is completely reasonable given the complex nature of the telecom industry, the danger lies in assuming that there is a …
