How do you receive your telecom bill? It matters

Just about every CFO has that sneaking suspicion their company is paying too much for telecom. If your bill comes in this format, you can be assured you are.

Unless you have a former AT&T or Sprint employee working in Accounts Payable, you’ve seen the baffled looks that come when your company’s telecom bill arrives.

But wait … what form did that baffling bill come in? It makes a difference in how successful your company will be at ferreting out everything from overcharges to unnecessary services.

Take a look at how your peers are receiving their telecom invoices these days:

 

 

 

If the mailroom’s still bringing you a big stack of paper, your company’s at risk for:

• Lost bills
• Unnecessary service disconnects, and
• Late payment penalties.

That’s what the folks from The Aberdeen Group assert.  And whether you decide to go it alone or hire a third party to audit those bills, it’s a nearly impossible task to do with paper invoices.

The most complete – and fruitful – audits are automated. It’s easier to search for specific charges and ferret out inconsistencies.

And those are the findings that will translate into the greatest savings. So get on the horn with the company providing those services and find out what new way they’ll be sending you their next bill.