Telecom services can be one of your top expenses, so keeping a close eye on these costs is essential for protecting your bottom line.
Unfortunately, accounting for telecom services can be a very time-consuming undertaking for many businesses, particularly if they manage multiple locations or their telecom arrangements haven’t changed in recent years.
This staff-intensive activity is a burden for CFOs and Controllers too because they have oversight responsibilities.
If your business is still using legacy phone services, every month your accounting team could be wading into service provider invoices – sometimes hundreds of pages long – combing through them for accuracy. Charges have to be assigned to department and project budgets. Never-before-seen line items reconciled.
Even with the aid of software-enabled Telecom Expense Management (TEM) systems, it takes specialized expertise and quite a lot of staff time to make sure a business is not paying more than it should.
Fortunately, times have changed and accounting for Telecom has been radically transformed for the better…
- With Unified Communications as a Service (UCaaS), you can arrange affordable, flat-rate pricing – with no need for the internal line-by-line invoice reviews of yesteryear or for keeping TEM software updated to track, manage and report on telecom usage. And with flat-rate pricing, there’s no need to deal with variable LD billing and message units anymore.
- With UCaaS you not only enjoy all the benefits of communications and collaboration delivered to any location from the cloud, you get consolidated, predictable billing for all the services used.
- You also get easy-to-understand monthly reports and access to online tools that help you understand every facet of your telecom spend for better decision-making and hard-dollar savings.
- There’s no need to keep TEM software updated with every service and rate change either… Every time you log into your private management portal in the cloud, you can access a dashboard or detailed view of your system expense.
Simplified accounting… Just one more reason to go with UCaaS implemented by TCI. Contact us today at (703) 321-3030 or firstname.lastname@example.org.