Can Telecom Expense Management Save Millions?

March 11th, 2008

Telecom bills may seem trivial compared to server expenditures and building leases, but managing telecom expenses can save enterprises a small fortune.Indeed, it may surprise you to learn that telecom expenses can gobble as much as 3.6 percent of a company’s revenues, according to the Aberdeen Group, with mobile expenses accounting for a growing share of the telecom pie. For large enterprises telecom expense savings could add up to hundreds of thousands of dollars.

So, the question becomes, are your managing your telecom expenses with an eye on savings? If you are doing a fair job on the hardwire expenses, are you paying close enough attention to the wireless world? Aberdeen reports 67 percent of enterprises proactively manage wireless expenses — but only 57 percent manage wireless costs. Late payment penalties alone can cost a bundle.

Click here to read the rest of this story on Newsfactor.

Entry Filed under: Hot off the Press