Everyone wants to minimise their business costs and enjoy the benefits of increased profits and improved cash flow. However, knowing how to start reducing costs can take time and effort. Although every business has telecom expenses, many need help to track their spending.
That’s where telecom audits come in. A telecom audit is one of the most effective ways to manage business costs and improve operations.
What is a telecom audit?
A telecom audit involves analysing your business’s telecommunication expenses and identifying areas you might be overspending. Since companies often overlook their communication bills or don’t have time to review their options, a telecom audit is a valuable tool. Professional telecom specialists have a great understanding of how to review telecom bills and understand what each product or service means, giving them the ability to ensure you are receiving the best value for money in the market or eliminating unnecessary service costs.
Cost-saving benefits of a telecom audit for your business
Identify billing errors and get refunds
Telecom audits help identify telecom billing errors such as incorrect rates, being invoiced for disconnected services, and paying for telephone or internet services without your knowledge and approval. Upon identifying these errors, a telecommunications audit facilitates the retrieval of any overcharged amounts through the process of seeking refunds.
Pinpoint unnecessary services
After completing an audit, we find that, on average, customers save 20-30% off their monthly Telco costs and, in some cases, identify services that are no longer required or in use. This is something your current telecom provider won’t tell you. A telecom audit can also identify outdated equipment and other issues that can slow network performance.
Optimise your business’ resources
Telecom audits also help your business optimise its resources by identifying unnecessary or outdated technology. Audits also ensure that the services offered are needed, making it easier to manage your communications. Once the audit has identified any underused or unused services, you can stop paying for them and allocate that budget to an area that would be more useful. Our wide range of auditing services, including one-time audits, ongoing monitoring, and strategic advice, are designed to offer significant cost savings and reduced maintenance investments.
A telecom audit offers a detailed usage overview so you can break down costs by service, device, or employee. Once you have this information, you can more effectively align your services to meet the needs and demands of your employees and customers.
An instance of this would be the variation in data consumption among employees, whereby customising plans in accordance with their respective usage patterns could prove to be a financially beneficial strategy, as opposed to adopting a one-size-fits-all approach.
Don’t let unnecessary expenses eat into your budget. Spark up a conversation with one of our telecom audit specialists now to schedule your communication audit and unlock the full potential of your telecom services.