Who’s Checking?
In a world where multitasking has become the NORM, can any one individual be an expert at all of the tasks assigned to them on a daily basis? And more importantly with limited time are all tasks being performed accurately and effectively to achieve your profit goals and growth.
While we all know it’s critical for practices, facilities and organizations large and small to earn every dollar they can – if they don’t periodically audit systems, efforts, and expenses, it’s almost certain they are not operating at optimum performance levels. Telecom and Utility audits uncover unnecessary expenses and use expert negotiation channels to improve the costs of every day operations.
The goal of telecom and utility audits are to uncover errors, overages, unauthorized charges, duplication and contract discrepancies to find savings and improve the financial health of your organization. Billing optimization and auditing can identify opportunities for savings while expense management provides continued analysis and maximum revenue.
If you think you ALREADY have someone that is auditing at your organization … TAKE A CLOSER LOOK …
Most of our Clients had previously started some type of cursory in-house review of their telecom and utility billing. When they contacted us they expressed the challenges they had faced .
Could these same challenges be keeping you from optimum savings & increased profit?
- – Lack of time and expertise to uncover all issues and savings (big $$$ misses).
- – Understanding USOC codes, bill layering, fees, tariffs, taxes and what baseline/benchmarks should be used.
- – Misconceptions when a company makes use of a GPO or a Consultant, expecting that they are also getting an “audit” exercise performed.
- – Fear of retribution – (no department can typically expect to be an auditor).
- – Not enough time to thoroughly review.
- – Staff lacking contractual negotiation skills.
So what can you do?
Here are a few helpful points when making a decision on outsourcing an expense management solution:
Why our clients find value and entrust LT~CRS in this type of due diligence and review:
- – Deep understanding of your industry where budget cuts, lower reimbursement and increasing costs, poses a real challenge on how best to keep profitable and sustainable.
- – Granular Review to optimize contracts, minimize go forward pricing, obtain recoveries from errors and better position terms and conditions such as; SLA’s, MTTR’s and Clauses.
- – Purists in process, we do not sell/resell the very services we review (telecom/technology, power, waste/recycle, water).
- – Stopping overspend in the 17-36% range, averaging at 25% (nice to save ¼ of your spend).
- – We work tactically and strategically so as to not interrupt your current processes and procedures.
- – Noninvasive, shared savings (contingency) based.
Additional Value:
- – A Granular unbiased audit performed from a non-selling resource.
- – Provide a dedicated team for Telecom, Wireless Internet, Cable and all recurring telecom expenses. (This can also include Power, Waste, Recycle, Water)
- – Provide expert advice as it relates to your inventory of circuits, lines, etc.
- – We provide “After Care” – once bills and contracts are healthy, we provide additional ongoing managed services to stay healthy with our Expense and Vendor Management Services.
- – We streamline services and contracts as new communities become part of your portfolio from what may be inherited from M&A activity.
- – We bear the burden and time it takes to implement desired changes from our findings.
- – We provide a solution and process which minimizes your staff’s time.
If you have any questions regarding in-house vs outsourcing telecom and utility audits contact LIMITLESS.
NATIONWIDE: 866-504-4050
At LIMITLESS we are your Trusted Partner and understand how to best help our Clients reduce costs, while ensuring you stay highly effective and efficient with your services. We strive daily to help you become more financially sound, putting more money back in your wallet. The average savings we find our clients is between 17% – 36%.
We use our Powerful Process to identify cost savings, improving and negotiating contracts, finding billing errors and obtaining refunds. Our Clients realize that they derive the most benefit by concentrating their efforts on their core business. Realistically, most organizations simply do not have the time or in-house expertise to analyze all the multitude of bills, contracts, suppliers and national pricing alternatives potentially available.
Our Proven Results have saved companies tens of thousands and in some cases even millions on their telecom, utility and vendor expenses with our proven cost reduction process. This “found money” allows our Clients to reinvest the “savings” into growth initiatives or apply these “found profits” to their bottom line.
Contact LIMITLESS today for a FREE CONSULTATION to discover how to get control of your unmanaged spend and reduce expenses in your business.
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