Telecommunications cost management is the best way to streamline our communication bills and expenses. Even though staying connected with others is very important for businesses and individuals, the bills generated from these connections can be very large for many people. We all want more services for a small fee. The quality and availability of telecommunications services are the main demands of all consumers, but not at a higher cost. So the strategy for individuals and companies is to have the best service, but keep telecommunications costs low. This is where the management of telecommunications costs plays a role.
Telecom Expense Management or TEM is a vital tool used in organizations to ensure that the telecommunications services used are the only services paid. TEM works on identifying all lines in the specified account and evaluates their use or laziness. As per TEM policy, all idle or unused connections must be removed to reduce monthly telecommunication bills. So in other words, the TEM practice ensures wise use of all valuable resources to get the best value for your money.
When you have effective TEM in place, you can expect to cut the cost of your communication bills. Through TEM you will identify your existing telecommunications system, assess your telecommunications needs, and make modifications and changes where possible to suit your needs with telecommunications assets. This will help reduce the bill significantly. Here are four methods to reduce your telecommunications costs:
1. Idle Termination and Telephone Not Used
This TEM guideline suggests that a cellphone that is no longer used or not used must be disconnected immediately. Also, every time an employee transfers or leaves the organization, the call must also be disconnected.
2. Control Roaming Activities
If there are users or employees who need to travel to foreign destinations, their cellphones will automatically find data services and provide signals. In this scenario, roaming costs are generated for this type of usage. So, if you plan a trip and use your telephone before a trip with your service provider, they may negotiate lower costs.
Getting rid of all old and unused equipment is a very effective TEM method. You can donate these lines to others, move them to different offices, recycle them, or destroy them completely. Every service that is used on this hardware must also be stopped.
4. Don’t Pay More:
If you have a service that you don’t use or more than you need, then according to the TEM principle, you have to look closely at your needs and adjust the service allocation accordingly.
There are many Telecom expense management solutions available in the world. The most popular ones such as IBM Emptoris Rivermine have a design that empowers companies to reduce their telecommunications costs through active and effective management of the communication cycle. By automating this process, identification of equipment and connections that are not used or not needed is made quickly and easily enabling streamlining telecommunication costs efficiently.