New Year, New Outlook for Telecom Expense Management (TEM)

A fresh new year, a fresh new start. Don’t we always think that?  “If I just do XY and Z better than last year, wouldn’t things be so great!”

Well, we’re never ones to discourage positive thinking. So to give you a kick start, we’ve put together five “resolutions” to get you on the right track to reducing your telecom and wireless expenses in 2015.

1. Do a simple inventory of your telecom assets. 

What do you have? Who has it? Are you actually using all (or even part) of it?  Do you NEED all of it? This is a good way to identify zero or no use users and devices, so you can cancel or reallocate them.

2. Do a cursory audit of your main telecom bills. 

Now that you have an updated and accurate inventory, are you paying for what you’re supposed to be paying for? Are you getting hit with any taxes, fees, setup charges or 3rd party bills you didn’t previously know about? Did you cancel anything that didn’t get cancelled? Have you been credited?

3. Check your contracts.

When I say check contracts, I mean two things. First – are you getting billed at the rate you agreed to pay in the original contract?  Secondly – when does that contract come due for renewal? That last one is important, since you can’t renegotiate from a strong position if you wait three days before it expires. Hand part or all of your contract negotiation over to the experts. Valicom has access to benchmarked pricing and terms, we can make suggestions of what you should be paying.

4. Optimize your wireless environment.

With “all you can eat” data plans going the way of the dodo, user usage is going to become a bigger pain in your neck this year. Find out who is using wireless devices (smart phones, hot-spots, tablets) and what they use them for. Do they need it? Can you pool plans together to minimize costs? Can you turn down some user’s plans while ramping up others based on need?

5. Get Organized.

With the wave of new web-based, low cost subscription softwares to track telecom assets and expenses, there is no excuse not to use good management tools. The money you save will more than offset the subscription fees, and it will save you a lot of time and effort.

There they are! Five resolutions for tidying up your telecom environment. Can you make your telecom resolutions last? We can help! Request a quick discussion and we can get you on the right path.