5 Tips to Cutting Those Rising Telecom Costs

 

telecom costsBelieve it or not, the 21st century phone is a mini-computer, a mentor, a telephone, and a personal assistant rolled into one. Undoubtedly, it has become a jack of all trades! This accessible, affordable mobile technology has changed the way we live. Despite increasing telecom costs, it is nearly impossible to run business without a phone. For any individual or business entity, a phone call might be a fresh and responsive lead for a sale or it could be waste of time and money. Fortune 500 companies, on the other hand, spend millions of dollars annually on telecommunications services.

Any type of business or company, including startups, will at one point use a range of telecommunication-related services. These services include, but are not limited, to toll free numbers, local and international phone services, email, wireless and mobile services, conference as well as voicemail services. These services need installation, getting and paying of various systems such as integrated T1, T1/PRI, ethernet, high speed internet, MPLS and SIP trucking among others. The use of telecom services and countless networks ultimately adds up to the expenses of the business.

Due to the rising costs and the need to save money for other business initiatives, it is crucial for small businesses to learn how to cut back on telecommunications without compromising the efficiency and quality of their operations.

Get Services from a Telecom Master Agent

One of the most effective ways to ensure that the business will be receiving cost-effective and high-quality telecom services is through a telecom master agent. A telecom master agent corresponds to a range of carriers providing local and commercial phone services, data services, high speed internet access and integrated voice data services. A telecom master agent determines the needs of the business, and then evaluates and organizes a set of solutions with the carriers to cater to the needs of the company including their budget. Instead of working with one carrier, it is possible to work with several to accommodate the budget.

Assessment and Audit of all Services

Another step that small businesses can take to cut telecom costs is to carry out an assessment and audit of all services the organization is paying for. This is the best way to determine whether money is well spent. Likewise, assessment can also give way to a host of solutions or alternative options.

Identification and Resolution of Billing Mistakes

It is also necessary to identify billing mistakes and resolve them. Billing errors can come in many different forms such as a discontinued line or service that continue to incur hidden costs and increase the bill. Others include quotes or contracts that are not accurately reflected. An assessment of taxes may also contribute to billing costs. While it may be time consuming to audit telecom bills, this should provide a way to reduce expenses.

Take Advantage of Refunds and Discounts

Often, businesses are too busy to check on credits and penalties payable due to billing errors and similar issues. Taking note of these things is very important because the company may be able to save a lot of money from the discounts and refunds owed by billing errors. It is also logical to take full advantage of these things.

Organize an Accurate Inventory of All Circuits and Lines

Businesses need to develop a complete inventory of all circuits and lines they have to monitor their use and their expenses. Through the inventory, it is possible to determine what the company is being charged for and whether it is in fact useful or not for the business. Sometimes, the company does not need as many circuits and lines to make a system work.

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About Mandira Srivastava

Mandira Srivastava is based in Bangalore, India. Equipped with mass communication degree, she started her career as editor-coordinator at Vadamalia media. She is a professional writer with over 4 years of experience and specializes in article writing, article rewriting and custom content development for websites & blogs.