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BY OPTIMIZING TELECOMMUNICATIONS DRIVING PROFITS

8 Ways to Optimize your Telecom Expense

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Page 1: 8 Ways to Optimize your Telecom Expense

BY OPTIMIZING TELECOMMUNICATIONS

DRIVING PROFITS

Page 2: 8 Ways to Optimize your Telecom Expense

8 Ways to Optimize Your Telecom Expense & Drive Profit

Page 3: 8 Ways to Optimize your Telecom Expense

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!

Page 4: 8 Ways to Optimize your Telecom Expense

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

Page 5: 8 Ways to Optimize your Telecom Expense

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

Page 6: 8 Ways to Optimize your Telecom Expense

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

Page 7: 8 Ways to Optimize your Telecom Expense

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

Page 8: 8 Ways to Optimize your Telecom Expense

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

Page 9: 8 Ways to Optimize your Telecom Expense

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

Page 10: 8 Ways to Optimize your Telecom Expense

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

Page 11: 8 Ways to Optimize your Telecom Expense

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

Page 12: 8 Ways to Optimize your Telecom Expense

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: [email protected]

www.profitpoint.ca

59 Erb Street EastWaterloo, ONN2J 1L7