During my 25 years of experience in running IT and telecommunication in manufacturing, complex services, consulting and government, most of the companies when asked did not know how much they spent annually on telecommunication services. This includes wireless devices, wired devices, data and voice circuits and their total telecommunication related inventory. Knowing the answer to that question is the first step in achieving true bottom-line business cost reduction.
When a company is not aware of their telecom spend or is not organized in a way to make this possible then strategic cost reduction is not easily achieved. The key to any process improvement or strategic telecom cost reduction initiative is to understand all the components that make up the telecom expense control. Then you focus on the components that consume the most resources or expenses and generate options that lead to a reduction in annual telecom expenses and improvement in telecom services. This should not be a difficult process with the right telecom expense management system.
Does your company have an automated tool that provides expense analysis? If not, then you need to update your toolbox. Learn more about Clearview, the web-based, low cost telecom expense management software tool today.