5 Hidden Savings in Telecom

Finding the Hidden Savings in Telecom

5 Easy ways to stretch your Telecom budget
By spending 15 minutes reviewing your telecom invoices and reanalyzing your needs, there may be some substantial savings at your finger tips. Here are 5 easy ways to stretch your Telecom budget.
Phone with speaker button1. Cancelled Services that you are still being billed for 
 
Have you cancelled features or services? It may be worth checking that they were actually removed from your invoice. If you have been overpaying for an extended period of time, there may be even more savings coming back to you in the form of a credit. 
 
Reviewing Contracts2. Your contract Auto renewed without being renegotiated 
 
Most phone companies have an auto renew clause that allows them to resign you to another term contract for services at the same rate or sometimes even higher rates! By reviewing your contracts and understanding their maturity date, you can notify your vendor that you will not be renewing, allowing you to explore other vendors or better rates with our existing vendor.
Phone Dial Pad3. Eliminate Unused Features 
 
Most phone companies, wireless or wireless change for features such as 3 way calling, caller ID, call waiting, call blocking, alternate ring, voice mail and line hunting just to name a few. Don't use the feature? Consider removing unused features and save 3% to 12% per month.
4. Revisiting your Requirements 
 
Has your office grown? Resized? Do you have more applications running and need more bandwidth? It may be time to reevaluate your voice and data architecture. Savings may easily be achieved by removing or consolidating services, or by implementing newer technologies.
Wireless5. Check for Miscellaneous Service Fees 
 
Some Telecom companies hide service fees in the invoice. It could be a line item, extra charges for set up, monthly minimums, fees for paper invoices, Long Distance Access fees, Network Access fees or as basic as a general miscellaneous service fee. It may be worth reviewing your invoices and looking for unapproved fees and seeing what can be done to remove them. All excellent opportunities to save money!
Avega's strength is our committment to small and medium size business across Canada. Not sure if you have unrealized savings? Contact us today and we can help!
 
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