Questions to ask yourself for telecom cost reduction

Do You Need Telecom Expense Management?

When you’re managing a business, you’re usually busy. Very busy, in fact, trying to increase revenue to improve the bottom line – so busy, sometimes, that you don’t slow down long enough to determine where expense management might be the better approach.

So, here’s an effective way to determine if your business is in need of telecom expense management. Simply answer these questions:

  1. 1. What is your total IT/telecom spend? What is the total cost of ownership (TCO), which includes both direct and indirect costs of the telecom system?
  2. 2. What is it costing you to maintain your IT/telecom infrastructure?
  3. 3. What does your IT team typically do? Are they able to focus on their core responsibilities or do they get pulled away to deal with the “fire drills of the day,” tasks that are urgent but not necessarily important?
  4. 4. How effective are the efforts of your IT team? What is preventing them from reaching optimal efficiencies?
  5. 5. Why are you spending the amount on telecom expenses that you are?
  6. 6. How does the telecom system chosen help you to sell or otherwise support your products and services?
  7. 7. If you take a look at individual components of your telecom system, how critical is each component to your organization’s success?
  8. 8. How does your total spend affect your bottom line?
  9. 9. What can you do to optimize your TCO while maintaining organizational performance and improving your bottom line results?

Assess Your Responses

If you are confident in all of your answers, then that’s great. Then it’s time for a telecom audit.

All too often, though, the rapidly changing world of IT/telecom – and of business in general in the 21st century – means that it’s hard to carve out enough time to do this type of in-depth analysis.

And, without this information, a typical telecom expense management service will only add to your business’s TCO. Fortunately, we’ve developed an expense management program that will help you to answer all of these questions BEFORE you start managing a false baseline and therefore incur additional expenses.

Telecom Expense Management Pros Gets Results

Fortune Consulting has been reducing telecom and datacom bills for clients since 1994. We get results because we are specialists in managing telecom expenses and have many years of experience honing our skills.

In fact, the average Fortune Consulting analyst has over 20 years of experience. Because our analysts are experienced and know what to look for, they can efficiently evaluate your invoices and find expensive errors. Fortune estimates that clients will generally save $2 dollars for every $1 spent on auditing and renegotiating services. However many clients have realized much higher ROIs.  For example, one recent client spent $60,000 and saved over $2 million in telecom bills over a 3-year period!

Receive more free information about our telecom expense management services or call 888-692-5111 or email now.