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Unlock Savings: Identifying Telecom Inefficiencies
Critical areas for improvement in your processes and tools.
Presented by:
Why is managing your telecom expenses so important?
Those who don’t manage their telecom expenses
spend
22%or more on their
telecom expenses
3 opportunities for improvement:
FINANCIAL
TECHNOLOGICAL
OPERATIONAL
Financial
FINANCIAL
The easiest way to save money on telecom expenses is:
FINANCIAL
The easiest way to save money on telecom expenses is:
CONTRACT NEGOTIATION
Advantages of outsourcing your RFP and contract negotiation
• Having a trust worthy team to bounce ideas off of
• Having an entire team of experts to negotiate and find the best deal for you
• Having access to benchmarked industry data
Contract Negotiation in Practice
CASE STUDY: Print & Broadcasting
$1.3 M annual telecom spend Engaged Valicom to re-evaluate / negotiate contracts ‘Out of the box’ thinking for RFP
RESULTS:3 months into the contract, Valicom renegotiated a single contract… saving $126,000.
Valicom assisted in RFP, and found a reseller for 56% savings for their local services.
Technological
Technological
What is in your telecom toolkit?
Are you still using Excel to keep track of
invoices and telecom expenses?
• Efficient and secure way to track telecom expenses
• Resides in the cloud
• No more software updates
• No need for a license, it is a subscription
Operational
Operational
Do you know the steps you are currently taking to manage you telecom expenses?
Operational
You’d be surprised to see how much of a difference small changes to your operational process can affect
you telecom expenses.
Our #1 suggestion? Cost Allocation.
Cost Allocation
CASE STUDY: HospitalityAnnual Spend: $50MCorporate Savings Achieved: $5M
Spread telecom costs across departments.
• No more ‘who is going to pay for this?’.
• Spread costs across departments, locations, etc.
• Granulize up to 1% of the total invoice
Ready to take the next step to controlling your telecom
spend?
Contact
Ellie Sherven Jeff [email protected] [email protected]
608.227.0619 608.287-4021
Website: www.valicomcorp.com
Blog: blog.valicomcorp.com
