Up to 20 percent of telecom bills have errors in them. In 26 years of doing telecom auditing, we’ve found that firms are wasting 15 to 40 percent of their annual telecom budget – money they can invest in equipment and other services they provide. Telecom expense management may be the smartest investment to make this year to address these issues.
Businesses are overspending by as much as 50 percent on their telecom bills. Additionally, as many as 80 percent of telephone bills have errors, which could increase costs. Do you or your senior management know what your annual telecom expense total is? If not, now is the time to take control.