Telecommunication Expense Management For Large Enterprises
Businesses spending more money on telecom, voice, mobile, data and unified communications are often challenged with constant change and are unaware of their actual Telecom expenditures and do not have a process to stream line their activities, reduce cost and how to save lots of time.
An effective solution available to Enterprises is the Telecommunication Expense Management System. A few questions which will make the businesses to think:
How much is your company spending on telecom?
Do you know whether the details submitted belong to your company?
Is it correct and audited?
Most of the times, the answer is not sure or don’t know.
Asentinel, an exceptional Telecommunication Expense Management System marketed and supported by CommSouth in India, helps the organizations to manage and streamline telecom expenditures and to make huge savings in any organization. It is a comprehensive global TEM application encompassing the entire lifecycle of wireless, wire line, data and equipment assets, invoices, orders and the associated Business Intelligence to reduce expenses, automate processes and empower organizations. Asentinel reads your monthly telecom bills and reports irregularities. It is an established fact that Telecom bills are prone to errors that go unnoticed.
“It’s going to be challenging for all businesses and Managers to monitor, track and save cost without implementing a telecommunication expense management system” says Mr.Suchithra Sagar. He further says that with Asentinel’s Telecom Expense Management Solution, companies can get their Telecom Expenses under control and typically save 10% to 30% on their annual Telecom Expenses.
Asentinel addresses highlighted concerns in the following manner:
The software will process the uploaded invoices; audit and cross verify all the call detail records and alert you with the exceptions (billing errors).
The software will provide you with the pre & post approval modes for payment processing after audit. The disputes can be resolved with your Telecom Service Provider by using the automated in-built dispute management system.
The software will help you to optimize tariff plans and effectively manage wireless, wired lines, Data bills and telecom assets.
The software will serve as a central repository for all your telecom assets, invoices, reports and issue orders to the vendors/contractors.
Asentinel TEM Benefits and Features:
Features:
Automatically check if all phone numbers and circuit IDs on the invoice are yours and are active.
Automatically check if the charges on your invoice match your contracted rates.
Send disputes to your service provider on a monthly basis in order to receive credit for over billing.
Automatically split charges per cost center based on the actual spend of each mobile, fixed line and data circuit.
Send reports to managers, allowing visibility over all the expenses they manage.
Initiate an approval process and pre-approve invoices that don’t require further review.
View invoice trends.
Compare the actual expenses to the budgeted amount.
Regularly check if changing rate plans can save you money.
Time savings
No more time spent to import invoices: all invoices are imported by Asentinel.
Automatic cost allocation to cost centers.
Reduced time to process invoices:
Auditing highlights charges that need review.
Automatically pre-approve invoices that don’t need further review.
Dispute management pre-populates most information.
Reports can be generated and distributed automatically.
Next year’s budget setting becomes an easy exercise.
Reduced risk
Improved control over your expenses by monthly auditing and accurate reporting of the telecom spend.
Single repository of all telecom assets.
Accurate budget planning & budget tracking.
Reports available on time.
Cost Savings
Minimize or eliminate over billing by the vendor.
Eliminate paying for assets you no longer need.
Minimize paying for features you do not need.
Minimize paying for personal charges.
Create awareness to top spenders.
Validate when it is time to change rate plan.
Choose or negotiate the optimal rate plan based on accurate and complete historical data.
Asentinel ROI
Asentinel implementations are faster than best-in-class TEM providers (Aberdeen Group)
Asentinel users save an average of 6-8 percent more than best-in-call TEM providers (Aberdeen Group)
Global Support – Support of all carriers, all currencies, all billing mediums and Multi-language.
“12 percent to 20 percent of telecom charges are in error, and 85 percent of the errors are in the carrier’s favor”. Most errors go undetected.(Gartner)
“80% of enterprises will overspend on their wireless service costs by an average of 15% through 2014” (Gartner)
“Enterprises forfeit 12 percent to 18 percent if they do not have a proactive approach to telecom cost management that leverages technology and process improvements.” (Aberdeen Group)
Wireless costs have exceeded landline costs (Gartner, Inc)
Although rates for mobile services continue to decrease, overall spending on mobile will continue to increase as consumption rises faster than prices decline.
Companies implementing mobile management can achieve up to 33% lower mobile costs per user (Aberdeen Group, Inc)
An award winning Call Accounting software solution – PHONECONTROL, when deployed with a telecom expense management solution (TEMS) will result in significant savings to any company with huge telecom bills. As another achievement towards PhoneControl, CommSouth has successfully integrated and demonstrated its Phone Control with Microsoft Lync 2010. CommSouth also markets and supports Facilities management software, facilities maintenance software and act as telecom consultants too.
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