Telecom Expense Management
(TEM) Services: Benefit Analysis
Using a Telecom Expense Management SaaS like ExpenseLogic™ can save organizations some 30%+ on telecom expenses in Year 1 (source: Gartner Research).
During our TEM consulting mission with your business, we focus on four domains:
Industries Served by RadiusPoint
for their TEM, UEM, and MMS needs
Scope of a TEM Mission
RadiusPoint manages the entire lifecycle of the Telecom Expense Management (TEM) and or Technology Expense Management, from the order placement, verification of installation, set up for cost allocation, monthly invoice audit, cost optimization to payment of each invoice with RadiusPoint’s expert team.
Order Placement
INSTALLATION VERIFICATION
INVOICE RECEIPT
COST ALLOCATION
INVOICE AUDIT
COST OPTIMIZATION
PAYMENT
Typical TEM Benefits
We spent the last 30 years helping clients manage their telecom, IT, and utility expenses, outsource their invoice processing, and reduce labor costs through leaner processes. We guarantee your organization will receive the following benefits:
Off-the-cuff Client Testimonial
The benefits of our SaaS platform are fully expressed because we “walk the extra mile” for our clients. In her off-the-cuff testimonial, this executive highlights what she finds valuable in the quality of service we deliver to her organization.
Complimentary TEM Consultation
In this economy, there is no better time to cut down unnecessary telecom expenses, and eliminate costly redundant labor. But where do you start the process?
Implementing TEM with ExpenseLogic™
Efficient Telecom Expense Management & ROI
Not Yet Ready? Read This Detailed TEM Case Study
RadiusPoint publishes detailed case studies on TEM/UEM & MMS missions we carried out for clients. Discover the challenges other organizations face, how we tackled them, what tangible results were obtained, and the ROI our intervention generated.
Subscribe to download this publication and receive all our future TEM/UEM & MMS case studies. We won’t spam you.
Telecom Expense Management: Summarized Case Studies
$100K+ in Cost Savings with TEM & Support Desk Services
This case study shows how a manufacturer succeeded in generating cost savings of $100K+ per year by outsourcing their [...]
Vendor Managed Services: Why Tread Carefully
Each year, new vendors enter the telecom managed services market, offering what is called 'Vendor Managed Services' contracts. For [...]
Avoid Service Outages During Acquisition
According to Deloitte, "Corporations and private equity firms pin the most blame on external factors, but recognize the need [...]
Acquisition & TEM: a Brief Case Study
Telecom Expense Management Saves $1.3M Simply Identifying Unnecessary Services
Client Profile:
A nationwide salvage automotive company on a growth-by-acquisition track.
TEM Challenge:
The business made 5 acquisitions within a year. As Accounts Payable were consolidated within the same business unit, invoices were paid without review. The scope of our mission was focused on telecom invoices and telecom vendors’ contracts. The challenge was to trim costs down while giving management full visibility on telecom services and contracts.
Opportunity:
Our client’s management team was focused on mapping out the ROI of their acquisitions and securing additional benefits during the first 4 months of the acquisitions. RadiusPoint was brought onboard for its expertise in telecom expense management and to bring about the business intelligence necessary for the management team to access the right information and make informed, value-generating decisions. Having the right level of support helped our client drive their acquisition projects smoothly to their intended results.
Results of our TEM mission:
- 25 toll-free numbers identified that did not belong to our client – $18,000 in yearly savings
- 400 phone numbers moved to the corporate LD account contract rates – $120,000 in yearly savings
- $1.3MM in savings in Year 1 over 5 acquisitions
In the framework of our Inventory and Audit Services, RadiusPoint identified billing errors on vendor contracts signed by unauthorized personnel, and services rendered unnecessary as locations, services, and assets were merged. For each acquired company, RadiusPoint inventoried all numbers, circuits, and services charged billed to that business. This line-item inventory and audit was key in generating savings of $1.3 MM.
Additional notes:
RadiusPoint handles all tasks related to Accounts Payable during an acquisition integration phase.
Working in cooperation with acquisition due-diligence specialists, RadiusPoint ensures business continuity for our clients with regards to their telecom services and billing, as telecom invoices consolidated from acquired companies are seamlessly reviewed, processed, and paid to vendors.
RadiusPoint provides:
- Benchmarking of costs and detailed cost identification to stop any overspending
- Plans to move from some of the higher cost space to lower-cost space
- Restructuring of logistics, and elimination of redundant warehouse space
- Implementation of new cost-saving procurement processes
Pairing your M&A team with RadiusPoint saves time to your team, fast-tracks your acquisitions and helps ensuring a seamless transition. We remain at the disposal of your management team: Get answers. Book a complimentary TEM consultation with our specialists here.
Discover through Detailed Case Studies
How our Telecom Expense Management
and BPO Services Help Your Organization
Additional TEM data resource: Wireless Expense Management
RadiusPoint publishes detailed case studies on TEM/UEM & MMS missions we carried out for clients. Discover the challenges other organizations face, how we tackled them, what tangible results were obtained, and the ROI our intervention generated.
Subscribe to download this publication and receive all our future TEM/UEM & MMS case studies. We won’t spam you.
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