iTEMize Technologies - Serving Up Savings
- 2. Today’s economic climate is tough The experts are all telling us that economic recovery will be slow You have to look at reducing costs Our research tells us telecom services are a top 5 expense And you’ve probably read that as much as 20% of those costs are in error And according to Gartner, 85% of those errors are in your carrier’s favor Now is the time to bring your costs down without sacrificing anything! Improve employee morale Improve service quality Improve your current carrier relationships by making them more transparent and easier to manage What better time then now
- 3. If you are like most businesses Phone services are a big line item cost The bills are very complex They seem like a “a mystery” that you don’t have time to deal with They often contain lots of unexpected and obscure costs It is difficult to trust that the bill is accurate You know the “do it manually” system wastes valuable time and runs up unnecessary manpower costs You probably don’t feel you have the best “in-house” expertise to solve the problem Companies need TEM
- 4. Company wide visibility and control at your figure tips, instantly You get improved management and control Better tracking Better auditing Automated invoice processing Expert analysis and support You get a central repository for everything telecom You are able to manage both fixed and mobile more effectively Trust you are getting the best control on your telecom costs Most of our clients get over 100% ROI within 6 months of deployment Companies benefit from iTEMize
- 5. iTEMize v3.0
- 8. Costs by Cost Center
- 9. Costs by Service Type
- 14. Inventory
- 16. “ AP now automates payment approval through an electronic feed built by iTEMize to integrate within our GL system. This has saved an average of 3 days of work from the traditional method per month” “ Within the IT finance department iTEMize has decreased time spent by 12 hours per month” - AVP of IT/Finance, Top-Tier Financial Services Company Results: The client has been able to reduce >36 hours of work per month AP and the IT finance department combined has seen a 20% decrease in time spent managing telecom per month Financial Services
- 17. “ There will be multiple divisions and positions which will benefit from leveraging iTEMize . Labor savings from invoice, dispute, and inventory research are expected to be more then 20 hours per week . “ we secured a $26,000 credit with Qwest due to lines being charged that should have been disconnected 2 years prior. We have also identified taxes we are paying which should not have been charged for a total of $1,500 per month in credits due ” - VP of Operations, Telecom Company Results: In the first 30 days iTEMize was able to recover >50% of the first years cost of implementing TEM The client has already eliminated 30+ hours of work per month ( 17% reduction in time spent ) Telecom
- 18. “ Leveraging the iTEMiz e software and team we have been able to identify $50k in annual potential savings in wireless, LD, and carrier spend” - Senior Systems Network Engineer, Healthcare Provider Results: Identified $6,000 in discounts that should have been applied to the clients wireless accounts Due to a wireless optimization analysis wireless spend was reduced by 14% Identified $4,000 in cost savings on local and LD by optimizing actual costs versus contracted costs Healthcare
- 19. On average companies spend as much as $30-40 per invoice on average to open the mail, route the mail, analyze the invoice, allocate the dollars, route to AP, enter into Accounting system, and cut the check Time Savings: 17 – 20% reduction in time spent managing telecom Approximately 27 – 32 hours per month Cost reduction: 10 – 31% reduction in telecom spend Formal opTEMize Review Summary ROI
- 20. Set-up Base line audit Load all invoices & inventory into iTEMize Create a custom instance of the software Generate a deliverable report of all services Monthly Process & consolidate invoices Update inventory Deliver 3 executive reports Automate cost allocations The basic package
- 21. Semi-annual, systematic review of all services All services reviewed and “cleared” Supporting Appendix with opportunity description Defined monthly and annual savings value opTEMize Review