With this recession being tipped as the worst financial crisis since the 1930s, adopting money saving practices is an essential activity in every organisation.
Managing your telecoms budget has been estimated to save up to 30% of your fixed and/or mobile spend and here are 10 top tips to start you on your way.
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Consolidate bills - multiple bills can be costly and difficult to manage.
- Move to ebilling - paper bills usually incur a charge and ebilling can assist with ensuring bills are paid on time to avoid late payment charges.
- Reconcile bills against products and services used - many bills are paid on trend (they look about right), not because they are accurate. Gartner research found that 80% of all bills contained inaccuracies.
- Check your discounts - is the discount you signed up to being applied to your account?
- Identify and cancel unutilised lines - circuits that are no longer in use still generate energy bills and line rental charges.
- Review mobile phone ownership - up to 20% of company mobiles are used by former employees.
- Create an inventory - many organisations don't have a single source detailing their total telecoms estate making it difficult to renegotiate contracts or develop strategies for future purchases.
- Manage personal usage - a fair personal use policy will ensure appropriate charges are billed back to the employee.
- Unified communications - when you are looking at technology refresh, single platform solutions can reduce the number of bills you receive, reduce energy costs and increase efficiency.
- If your estate is complex, secure outside help - a TCM specialist can often provide ROI in a matter of months.
When every penny saved could be used to generate additional profits, there has never been a better time to ensure that your telecoms estate finances are in good order.
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