What is a telecom cost audit?
A telecom cost audit is an in-depth analysis of your company’s telecom expenses, services and vendor contracts. The objective is to reduce spending and make your business’s ongoing expense and invoice management easier. Our team of experts will recommend, implement and document service and billing changes.
Why do you need an audit?
Telecom providers overcharge businesses an average of 30% for services to businesses, and up to 80% of telecom invoices have mistakes.
Locating errors, negotiating with telecom providers, and maintaining long term savings requires expertise and time commitment that fall outside of your company’s core focus.
How much of your employees time does Ruby+Solberg need during the audit?
We understand that your company’s time is valuable, and strive to keep our interactions succinct. After an initial meeting of 30-45 minutes, where we introduce our audit staff and establish a timeline. Depending on your preference and availability, we’ll coordinate with your team to schedule weekly or biweekly calls to review our findings. We aim to take up less than 1.5 hours of your time every month.
How do you maintain the financial and organizational benefits of an audit?
To guarantee continued savings and efficiency, Ruby+Solberg provides a full-service Telecom Expense Management service that we call Validated Telecom Billing (VTB®). With an average ROI of 70-110%, this service streamlines invoice management and ensures costs don’t creep back up.
How do you get started?
All we need to begin is to review two months of your telecom invoices. An analysis of these bills will give us a snapshot of where your company’s telecom expenses are and serve as a foundation for a customized audit solution for your business.