8 ways to optimize your telecom expense

BY OPTIMIZING TELECOMMUNICATIONS

DRIVING PROFITS

8 Ways to Optimize Your Telecom Expense & Drive Profit

Every business today uses IT and telecom in some form or other.

But do you know what the real challenge is?

Managing expenses!

• It’s important to realize the significance of telecom in your business and implement a good telecom expense management strategy!

• With the beginning of the New Year, let’s see how you can drive profit by optimizing telecom expense.

• While there’s plenty of ways to streamline telecom costs in real time, we are here to help you with 8 great ways to increase your profits!

1. Dig Deeper into the

Invoice • Understand what your telecom invoice says

• Research thoroughly

• Try to grasp all the terms, acronyms, and

jargons used in the invoice

• Get a clear idea of your telecom costs

• Start to consider which expenses you can cut

2. Conduct a Telecom

Audit

• Conduct regular audit of telecom

• Find out loose ends

• Decide what to cut first

• Seek legitimate help from a professional to ensure

you’re on the right track to telecom optimization

3. Administer Your Telecom Assets

& Monitor the Data Usage

• This is the best way to move towards optimized

telecom expenses

• Start carefully administering the available assets

• Monitor data usage regularly

• Look in to each detail to ultimately determine what

is being wasted

4. Limit Your Data

Usage• Though it doesn’t seem practical, limiting data

usage can work wonders for your telecom

optimization

• Start monitoring data & limiting its usage

• Rearrange or combine data to cut down on

excessive usage

• Consider limiting all those things that appear to

make costs go up

5. Group the Telecom Invoice in

Different Sections

• Grouping simplifies optimization

• Break down your invoices into groups

• Differentiate each section to trim some fat out for

efficient cost optimization

6. Update Your Out-of-

date Telecom Services

• Consider upgrading to a new technology and

services, including software

• Keep an eye on new promotional offers provided by

yours or other service providers

• Research the best deals to get more efficient and

save more on telecom costs

7. Bundle the Relevant

Services Together

• Combine as many services as you can, whenever

possible

• Consolidation helps reduce expenses

• Ensure that your organization is not using any

redundant services

8. Switch Your Telecom

Provider

• Compare all the available service providers

• Switch to the telecom provider that offers better

monthly or annual packages

• Choose the package that’s specifically aligned to your

business goals

To optimize a telecom expense

strategy for your business, get in touch

with us.

There is absolutely no obligation!

ProfitPoint Communications

p: 519.781.7283

e: info@profitpoint.ca

www.profitpoint.ca

59 Erb Street EastWaterloo, ONN2J 1L7