For good TEM, aim for fewer bills

When you design your business telecom services strategy over a number of years, you might end up with a patchwork of different deals, plans and services.

When you design your business telecom services strategy over a number of years, you might end up with a patchwork of different deals, plans and services. This a la carte approach may make sense at the time: After all, you need what you need, when you need it. However, down the road this pick-and-choose and grow-as-you-go approach may lead to a high volume of separate bills and line items that are challenging to manage and parse. Here are some of the drawbacks of more individual telecom bills versus fewer.

It's harder to spot errors. When you're dealing with a multitude of invoices each month, it can be tricky to spot the areas where you're being overcharged. On this blog, we've discussed the need for thorough checks to ensure carriers don't tack additional charges onto your account. When your bills aren't unified, this presents more places to search for mistakes.

They take more time to review and pay. Your administrators and finance professionals may not have the time or bandwidth to manage so many telecom bills. Especially if you're still relying on paper billing methods, the more bills you're receiving each month, the harder it is to keep track of them all. This wastes your valuable human resources that could be better spent on more pressing tasks.

You're probably not getting the best deal. Searching the market for bundles and discounts under unified plans can save your company money. In haste, you may have privileged expediency over getting the best rate when you needed that new line or wireless capability.

These are a few reasons why a restructure of your telecom expense management can boost efficiency at your company. Contact ProfitLink today to learn more about how our services optimize your budget to improve profit margins.