Telecom Expense Management

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MDM, WEM, TEM…OMG!

MDM, WEM, TEM...OMG!

  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: Telecom Expense Management Ok so there are clearly some similarities: they a… read more

A Comprehensive Analysis of Your Telecom Charges

A Comprehensive Analysis of Your Telecom Charges

Whether you are a small business owner or a CFO of a large corporation, you have the same basic goal in mind: profitability. You are constantly weighing expenses against earnings, and trying to minimize expenses without cutting corners whenever possible. Telecom is a necessary expense for any business. Understanding your telecom charges so that you know exactly what you are paying for can … read more

Telecom Audit Case Study: Manufacturer

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… read more

Why Your Hospital Needs TEM

Why Your Hospital Needs TEM

Arguably, hospitals have the greatest need for telecom expense management compared to other types of organizations. Hospitals need to ensure that they have the latest, greatest, and most reliable telecom infrastructure. With inadequate telecom service, a patient’s health or personal information could be at risk. Furthermore, there are many compliance related issues that are secured wit… read more

Why TEM is Crucial to the Success of Your Business

Why TEM is Crucial to the Success of Your Business

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) is paramount to the success of your business. In fact, the TEM market… read more

OEM Maintenance

OEM Maintenance

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 newer equipment. In the end, this w… read more

Resources to Save Money on Telecom

Resources to Save Money on Telecom

Saving Money on Telecom Expenses There’s no way around it. Running a business takes a lot of hard work and dedication. But too many businesses and organizations are only focused on bringing in new clients to increase revenues. However, this is only half the battle of increasing your net profits. You must also be diligent with managing your expenses and stop wasting your hard-earned dollars on… read more

Think Outside the Box & Lower Your Telecommunications Expenses

Think Outside the Box & Lower Your Telecommunications Expenses

If you want to lower your telecommunications expenses you are going to have to talk to your carrier and account rep.  They are pretty much in control of your bill, and they are the ones with the power to change how you’re billed.  Although this may not be a phone call your are looking forward to, it’s one worth making. Ask Your Account Rep For “Off The Record” Advice This trick is similar… read more

Use Your Telecom Account Rep to Lower Costs

Use Your Telecom Account Rep to Lower Costs

Most companies get their telecom bill every month, grumble a bit, pay it and move on.  People are busy and sometimes it’s just easier to get it over with. However, there are ways to lower your telecommunications expenses without spending a lot of time or effort.  Here are 2 ways to lower expenses simply by talking to your account rep. Send Competing Collateral To Your Account Rep Let your… read more

Negotiation Tips to Improve Your Telecom Contracts

Negotiation Tips to Improve Your Telecom Contracts

Telecom contracts can seem frightening at first if you don’t know what you are doing. Contracts are scary by nature because they are a legally binding commitment that can have long-term consequences. If you are faced with making the decision to sign a telecom contract, take a deep breath and review your options. You may have forgotten to include some crucial terms and there are several best… read more

What Does It Mean To ‘Outsmart’ Your Telecom Carrier?

What Does It Mean To ‘Outsmart’ Your Telecom Carrier?

Get an inside look of our new eBook (peek inside) In the corporate landscape, a contract with your telecom carrier will usually last about 3 years. Since you are contractually obligated to pay a pre-determined rate, your carrier’s goal is not to proactively find you the lowest rates. Their job is to keep you paying what you’re paying, plus entice you to sign up for more products and services… read more

How We Have Saved Clients over $200 Million Since 2002

How We Have Saved Clients over $200 Million Since 2002

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 help save you money with our Telecom Expense Management (TEM)… read more

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