Communication is the key to successfully running any business. It is essential for reaching out to clients and customers with the right type of messaging. The modern age has provided numerous technologically advanced tools to maintain inter and intra-organizational communication, like the internet. But, phones are still the mainstay of communications in any modern business.
Depending on the type and size of the business, its telecom facilities can churn out huge bills. While managing other aspects of the business, it’s easy to overlook their minutiae, possibly leading you to pay for services or time not used for business purposes. It’s unnecessary to state the impact such overpayment will have on the overall bottom line, both in the short and long terms.
An audit must be conducted at regularly spaced intervals to avoid overpayment and/or subscription to unwanted telecom-related services. Telecom auditing by P3 Cost Analysts and other professional auditors brings efficiency and savings to the table. The information they provide can help get a better grip on this critical business utility’s present condition.
Things You Can Expect From the Experts
Telecom auditing by P3 Cost Analysts and other experts is a detailed process. It will consider every piece of equipment and thoroughly vet it to extract every possible detail. The same gets done with the usage and financial records. It will also involve the service provider, giving a proper understanding of the overall telecom usage and billing picture.
Bill Reviews
Your company’s telecom and internet bills could be separate or could get combined into one. Either way, they will need an in-depth look-through to see what’s in them and how they influence the total amount.
Auditors will chart through the history of the company’s telephone/internet usage billing and identify how they’ve influenced the financial outcome leading up to the latest one. This breakdown identifies any possible changes over that period in those factors or how their utilization has changed.
Identifying Best Charges and Packages
Call rates and internet charges can vary by quantity and provider. Your business could be under a plan that’s draining your finances with high call rates for services rarely used. An example is paying for an international calling facility while also having an internet connection. The former is a waste of money when the latter is available. Such plans come with higher charges than regional plans.
Service providers also offer telephone and internet under a single package. These and similar packages come with riders which could have gone unnoticed during their purchase. Data caps and network-based call pricing are some examples of those. Audit experts will identify each of such subscriptions and suggest the most suitable ones for your business.
Communicating With the Service Provider
The plans and packages offered by telecom service providers can be confusing to skim through. They will need time to be broken down and understood, especially with regards to business requirements. However, time is always in short supply for executives, which leaves them having to choose a plan/package in a hurry. What’s more, they might even be aware of any changes occurring to the plan.
Auditors will stop the outflow of excess money due to poor plan choices. They will communicate with the service provider if needed to discuss the subscribed plan and the associated charges. They will negotiate a better deal if possible or suggest a more suitable one after discussion and analysis. They could eliminate false telecom charges in the process too.
Your telecom utility’s billing practices could be hampering your business without your knowledge in many ways. Telecom Auditing by P3 Cost Analysts and other such professionals will save you costs, time, and worry, allowing you to better focus on running the business.
