One of the key features of Expense Optimization is comprehensive cost and usage reporting. It tracks expenditure by service type, location and cost per employee in order to provide a detailed view of where each dollar is being spent. It goes further by keeping track of assets in cio contact list the same manner. The software can produce reports, charts and graphs that enable those in charge to detect wasteful spending. With this type of detailed analysis, one can whittle away at needless spending without decreasing the effectiveness of your employees. For instance, if you have employees that need wireless data services, they can have it. Others may not require that service with their wireless device. With a click of a mouse you can see the service plans by hierarchy, or other specified sorting methods. It is a simple matter then of adjusting the service plans to fit the needs of the company.
Additionally, Expense Optimization will go through the monthly invoices to search out billing errors and discrepancies. The problems can then be quickly followed to resolution. Wireless and wire line bills can be…oh, shall we say “cryptic in nature?” It is a daunting task that requires the right tools (software) and knowledge to understand exactly what they present. Depending upon its size, it isn’t uncommon to save a company many thousands of dollars a year utilizing these practices alone.
There is a wealth of such information to be collected by a professional Telecom Expense Management team that helps them tweak your OI to its maximum. See the following partial list of services CHM offers:
Cost & asset accounting to all cost centers
Uncovers exceptions and once hidden errors
Reporting tools for management to control spend
Provides visibility into all aspects of telecom costs & assets
Provides history on all moves, adds, changes, installs, & deletes
Tracks to all moves, adds, changes, installs, & deletes to completion
The potential savings often more than pay for the cost of a Telecom Expense Management team’s services. Contact a reputable CHM business for additional details on how it can help your business become more profitable.