Resource Central
Savings from Proactive Management
Because the client had grown so rapidly and had not hired an internal telecom staff, Invoice Insight provided supplemental telecom consulting to complete the Telecom Expense Management solution for the client.
Invoice Insight was hired by the CIO to eliminate the burden of invoice processing, validation, and carrier interaction so his staff could focus appropriately on IT initiatives for the growing enterprise.
Lack of internal expertise, ordering controls, and standards enforcement produced escalating telecom costs and chaos for IT management. Additionally, IT and accounting staff were continuously on the phone with telecom vendors to discuss frequent billing disputes.
Starting 30 days after contract signing, Invoice Insight handled the client's telecom invoices and analyzed cost-reduction opportunities. Invoice Insight delivered on optimization as well. The following table provides an 18-month snapshot of the client's actual telecom savings.
| Type | Savings | % |
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| Telecom Contract Negotiations | $353,623 | 32 |
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| Telecom Procurement/Provisioning | $149,397 | 13 |
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| Telecom Auditing/Contract Compliance | $388,846 | 35 |
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| Telecom Network Design/Engineering | $226,496 | 20 |
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| Total Savings | $1,118,362 | 100% |