Here’s a question every CEO, CFO or other high level executive should be asking themselves. It starts by simply realizing there is no need to over pay for anything.
Now that does not mean paying the least amount, but more paying the least amount for the level of service desired, without the fear of losing outstanding service in the first place. So you may now be asking what is billing optimization, and how can I get what I need?
First, billing optimization is not just a cost savings audit. Not to say an audit isn’t an incredible service, and for many people the easiest and most logical first step in minimizing cost expenditures. However, an audit does not help change the cause and effect for why the issue of overpaying was happening in the first place. It may identify the issue, correct the problem, and point out areas for improvement…but only process improvement can change results long term.
Billing optimization instead is a process improvement which accomplishes two things: a reduction in spend, and an improved process which ensures better future contractual negotiations and spend management.
Want to learn more… Billing Optimization