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CIO Untangling Telecom
According to TEM vendor Control Point Solutions, simple billing errors can take 60 to 120 days to resolve with carriers. Examples: A special contract price is not applied to a service; circuits or phone lines are taken out of service but never removed from billing; and a company is double-taxed on multistate services.
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Business Week Reduce Your Telecom Costs and say Goodbye to “Stare and Compare”
Telecommunications expenses for a typical enterprise average over three percent of its revenue. According to Gartner, two to fourteen percent of these charges are billed in error resulting in $8.0 million a year in lost profits for large firms and $1.8 million in lost profits for mid-sized firms. Managing these expenses is labor intensive, complex, costly, and typically not a company’s core competency.
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Business Management Why TEM?
The telecommunications market has grown from traditional voice services to include complex data networks and wireless services. In parallel, the management and control of the related expenses are growing increasingly complex.
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Business Management TEM offering addresses evolving market demand
Control Point Solutions continues its rapid growth with the signing of three new contracts with Fortune 500 companies in the month of May.
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Business Management Untangling Telecoms
“The benefits of a proactive approach to managing telecommunication expenses are significant” – Bob McMullan

The telecommunications market has grown from traditional voice services to include complex data networks and wireless services. In parallel, the management and control of the related expenses are growing increasingly complex. Telecommunications
expenses average 3.6 percent of a company’s revenue, and the Fortune 500 spends US$58 billion on telecom alone. Telecommunications now represents a top line expense in the budget for enterprises and a strategic area to be managed, controlled and to exact savings. [ More ]

 

 

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