Having a Phone Bill Audit Through Teligistics
Can Result in Savings for You

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 .

 

Featured Article:

Save Money on Your Telecom Costs when You Employ a Phone Bill Audit from Teligistics

[Posted on Nov 17]

Errors can happen in virtually any billing system. If you have ever received your telecom bill for instance and noticed services that you are sure you should not have been charged for, you know that there can sometimes be mistakes in these bills. If you have ever noticed charges on your telecom bill for calls that you did not make, a phone bill audit is a necessary tool to have in your arsenal. Auditing your telecom bills before you pay could help you to save as much as ten percent off your bill. Once you take away costs related to billing errors, you may be surprised at how inexpensive your telecom service costs really are.

Teligistics can provide you with a telephone bill audit through our web-based platform that we call TEAM. TEAM will load all of your inventories and keep track of your telecom costs. It will ensure that you never again pay for billing errors and offers a fast turnaround on all reports so you have no worries of paying late fees or receiving disconnect notices. TEAM simply gives you complete visibility into your telecom costs and ensures that you are not paying for services that you are not using or errors that may show up during the billing process.

Telecom asset management is critical in keeping your telecom costs at an affordable level. Without properly managing your telecom costs you simply do not know what you are paying and if you have no idea what you are paying then you are likely spending more than you should on these costs. TEAM will help you to better manage your telecom contract costs and ensure that you are not wasting money. Teligistics can also help you to save on your telecom costs by getting you a more affordable contract. We can help you to procure a contract that is up to 40 percent lower than your existing service contract.

Negotiating a good telecom contract takes experience and strategies that many companies do not possess. Teligistics has the experience and knows the strategic sourcing secrets that can get you the perfect contract for your business needs. We can help you to determine what you need and then negotiate to get you the right contract. Through TEAM, you can better manage that contract and save even more. Feel free to continue to browse our website to learn more or contact us directly at Teligistics and begin saving on your telecom costs today.

 

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