8 Ways to Optimize your Telecom Expense
- 2. 8 Ways to Optimize Your Telecom Expense & Drive Profit
- 3. Every business today uses IT and telecom in some form or other. But do you know what the real challenge is? Managing expenses! • It’s important to realize the significance of telecom in your business and implement a good telecom expense management strategy! • With the beginning of the New Year, let’s see how you can drive profit by optimizing telecom expense. • While there’s plenty of ways to streamline telecom costs in real time, we are here to help you with 8 great ways to increase your profits!
- 4. 1. Dig Deeper into the Invoice • Understand what your telecom invoice says • Research thoroughly • Try to grasp all the terms, acronyms, and jargons used in the invoice • Get a clear idea of your telecom costs • Start to consider which expenses you can cut
- 5. 2. Conduct a Telecom Audit • Conduct regular audit of telecom • Find out loose ends • Decide what to cut first • Seek legitimate help from a professional to ensure you’re on the right track to telecom optimization
- 6. 3. Administer Your Telecom Assets & Monitor the Data Usage • This is the best way to move towards optimized telecom expenses • Start carefully administering the available assets • Monitor data usage regularly • Look in to each detail to ultimately determine what is being wasted
- 7. 4. Limit Your Data Usage • Though it doesn’t seem practical, limiting data usage can work wonders for your telecom optimization • Start monitoring data & limiting its usage • Rearrange or combine data to cut down on excessive usage • Consider limiting all those things that appear to make costs go up
- 8. 5. Group the Telecom Invoice in Different Sections • Grouping simplifies optimization • Break down your invoices into groups • Differentiate each section to trim some fat out for efficient cost optimization
- 9. 6. Update Your Out-of- date Telecom Services • Consider upgrading to a new technology and services, including software • Keep an eye on new promotional offers provided by yours or other service providers • Research the best deals to get more efficient and save more on telecom costs
- 10. 7. Bundle the Relevant Services Together • Combine as many services as you can, whenever possible • Consolidation helps reduce expenses • Ensure that your organization is not using any redundant services
- 11. 8. Switch Your Telecom Provider • Compare all the available service providers • Switch to the telecom provider that offers better monthly or annual packages • Choose the package that’s specifically aligned to your business goals
- 12. To optimize a telecom expense strategy for your business, get in touch with us. There is absolutely no obligation! ProfitPoint Communications p: 519.781.7283 e: info@profitpoint.ca www.profitpoint.ca 59 Erb Street East Waterloo, ON N2J 1L7