Telecom Audit Cost Management



 

 

Refund Systems Inc.
449 Woldunn Circle
Lake Mary, FL 32746
877.688.2200 office

info@refundsystems.com

 

Communications Audit begins here

877.688.2200      Request Info-     E-mailCommunications Audit

 

A Communications Audit establishes a baseline of services. A Communications Audit reviews contract and terms for your telecommunications. A Telecom Audit is about financial practices and improvement.

Through a telecom audit, your company will benefit from lower monthly expenses, recovery of overpayments to carriers, and a more efficient and effective network.
Refund Systems knows that an opportunity exists to reduce and streamline your telecom expenses. Our communications Audit will provide you cost-effective way to retain internal control over telecom services and associated processes. This includes billing reviews and payment processes.

Our data collection methods are comprehensive and include all of your carrier's agreements, bills, records and other relevant data. This automates the process of the telecom audit and gets you to project savings very quickly.

We have preformed these audits throughout the United States. Savings vary based on each client but we have found no less than a 20% annual savings for many of our clients.

While there is no way of predicting your actual funds to be recovered until about one quarter of service is audited and agreements are reviewed. We do establish estimates in the project that have many times have proven to be an accurate assessment of the recovery opportunity.

Refunds or credits from your telecom providers are usually recovered with credits to existing accounts or direct cash refunds. In almost all cases the provides prefer credit's but many times the savings are significant enough that we recommend a cash refund be requested.

Our reports and findings will also provide you with other options that may better serve your telecom needs in terms of quality and cost. This is truly and roadmap to better overall network and telecom configurations and lower overall costs.
Refunds Systems provides detail comprehensive technical solution backed by extensive experience.

For enterprises with large, complex networks that produce a multitude of invoices from a long list of vendors - the management of the telecom spend becomes a daunting challenge. This is the solution.

Automated Expense Management is offered as either a hosted application, leased or purchased software, or as a complete business process outsourcing (BPO). It begins with the establishment of business rules including rules for contract enforcement and fulfillment, receipt and validation or dispute of monthly invoices and correction of errors, and invoice payment processing and GL and cost center reporting. It includes reconciliation of monthly changes (MAC/D) to invoices. All this is supported with our state-of-the art platform.

Expense Management Automation leverages technology to:


" Maintain contract and invoice payment integrity
" Allocate costs
" Develop the data points for continuing analysis
" Automate invoice validation and payment
" Improve control by driving down responsibility to cost drivers
" Provide the supporting detail for focused procurements

The implementation of telecom expense automation for many of our clients is the perfect follow-up to the permission-based telecom audit. But for others, it's a starting point.

At the end of the day, you will know what you have, why you have it, and how to use it better. Net results are lower telecom costs and increased control over your ever-changing network.

telecom audit
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A note on Refund Systems vs. the big software companies.  Not all telecom expense management companies offer telecom expense management solutions that fit your organization's exact needs.  In fact, many of the vendors offering telecom expense management software approach our auditors to outsource a telecom expense audit for their clientele.  These are usually companies that are more interested in selling telecom software than they are in a traditional invoice audit.  That's why they outsource. At Refund Systems, we offer telecommunications consulting services in the truest sense of the term.  You may need a software solution but we would first offer and far less expense, less time-consuming, and more profitable traditional audit and telecom asset management solution to minimize your cost and maximize your profit. In short, we'd rather analyze phone bill than sell software.