Teligistics' full cycle management of our clients telecom expenses typically result in a 40% overall savings, with immediate impact and improved process controls.
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Leading research firms have reported that the average error rate in telecom invoices is 8-10 percent. This means as much as 10 percent or more of an enterprise’s telecom budget is paid in error. A formalized and routine “Best Practices” Telephone bill auditing process provides immediate ROI. Teligistics uses a U.S. patented method to perform a phone bill audits that have resulted in millions of dollars of recoveries for clients. Tracking phone bills and other telecom-related expenses is an overwhelming task for companies that do not have a solid knowledge base or the resources to handle it all. Phone bills should be audited by GAAP (Generally Accepted Accounting Principles), against contract and tariff databases, fraud and according to a dynamically maintained inventory of lines, circuits, features, etc. Publicly-traded enterprises typically are in non-compliance with SOX (Sarbanes-Oxley Act) by paying telephone bills completely un-audited on a regular basis. Teligistics philosophy is to audit the phone bill BEFORE it is paid. In order to do that efficiently, an enterprise must have solid processes in place to effectively manage phone bill audit and payment process.
Teligistics can assist companies with telecom expense management by providing full telecom lifecycle management that encompasses all aspects of your telecom spends. Using their Telecom Expense & Asset Management™ (TEAM) Online platform, Teligistics can help you control telecom expenses with this innovative web-based online portal. TEAM™ also helps manage inventories and gives companies a full view of their telecom spends. It will allocate invoices according to custom allocation formulas and provide a fast turn-around time so there is no danger of getting a disconnect notice or being charged with late fees. Before you pay, a phone bill audit is performed per line item using patented methodologies. Standard and customized reports are available through TEAM™ and it will facilitate all credits and refunds of phone bill audit errors. It is a 100 percent managed solution and has an immediate impact on costs. Service providers are fully engaged on billing issues through TEAM™ and contract negations are complimented with full cycle management. In addition, there are no seat license fees and the training is kept to a minimum.
For telecom solutions that result in effective management of telecom expenses, put your trust in Teligistics. By overseeing telecom aspects, your services can be better streamlined and unnecessary overspending can be reduced. It is a smart decision for a company to look for ways to cut down on costs. If a phone bill audit by itself can save you money, what about the rest of the services? Check out what Teligistics can do for you. They have assisted other companies manage their telecom spends better and have also helped negotiate world class contracts as well thanks to their experienced senior staff. For more, contact them at 281-296-2455 or 800-530-1063 or .
[Posted on Oct 13]
Have you ever noticed calls on your phone bill that you did not make? If you have ever looked at your home telephone bill and noticed a long distance call that you did not recognize, you would likely contact your service provider and dispute those charges. You should give your business services no less attention. Without a thorough and effective phone bill audit, how do you know that you are not paying for services that you did not use? How do you know that there are not charges on your telecom bill that you did not actually incur? You simply will not know what you are paying for if you are not monitoring your bill in some way.
Teligistics can provide you with a thorough and effective telephone bill audit that will stop you from paying for services that you do not use as well as invoicing or billing errors. Typically speaking, errors in billing can account for as much as ten percent of your overall telecom bill. This is a lot of money for some organizations and saving this money could mean having funds available to place into other areas of your business. Teligistics helps you to monitor your phone bills through a web-based platform that we call TEAM.
TEAM gives you complete telecom expense management and allows you to cut down on these unnecessary charges as well as late fees and other charges that you should not have to pay. TEAM is an easy to use platform that will not require any lengthy training. Telecom expenses are the highest expense that some companies endure today. Of course, if you are not managing these expenses they can really begin to add up. By managing your telecom contract, you can begin to enjoy lower costs or even get a better contract at a lower fee than what you are currently paying.
Teligistics provides you with the tools that you need to cut unnecessary spending and begin enjoying a more stress-free and less expensive telecom service plan. If you are not monitoring your telecom spending then you simply have no idea what you are paying for. TEAM from Teligistics allows you to see every aspect of your telecom bill and what you are being charged for, avoiding costs associated with billing or invoicing errors and late fees. Feel free to read more on our website or contact us at Teligistics for more information today.
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