Can Your Business Afford to Give Away $100,000 This Year?

March 29, 2011

Alicia Link, Audit Specialist

Can your business afford to give away $100,000 a year?

If you are not on the most cost effective telephone plan for your business, you may be doing just that.

This week, TelCon Associates identified almost $100,000 in annual savings for a property management client simply by making strategic changes to the phone plans at 17 apartment communities. While it is often thought that finding significant errors in billing will provide that big windfall, it is more typical to reap rewards by reviewing the basics – the telephone plans.

Unfortunately, it does take time and effort to stay on top of ever-changing phone plans by carriers, but the results can be dramatic. For example, at&t in Texas has a new plan available, the at&t Business Local Calling Plan. The difference between the cost of a standard line with additional features and a line with this Plan can be as much as $40.00 or more per line!

Even better, the plan does not require any long term commitment. Account representatives for carriers often try to push specific plans or features that are not necessary, or the most cost effective. The bottom line is to know what plan you have, if any, and what is available through your carrier. The cost of not knowing may be much more than you think.

So do take the time to research, or partner with a company that can help. It could be worth an extra $100,000 or more!

Related Articles

How to Correct and Resolve Telecom Billing Errors
Telecom Audit Case Study: Multi-location Apartment Community REIT
8 Quick Ways to Reduce Local Phone Service Charges

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What Our Clients Say…

"I solicited information from various vendors that could perform a telecommunications audit for the City of Mesa. Elizabeth Supica, the Senior VP of TelCon Associates, responded to my solicitation, as well as four additional vendors. Immediately upon speaking with her, I knew that she was very thorough, and cared about the customer. The decision was made to have TelCon Associates perform the audit. The service received was top-notch, and we were very pleased with the results. Annual savings of approximately $400,000.00 were realized. I recommend them without hesitation and would utilize their services again, should the need arise."
Pamela Tyson, IT Procurement Coordinator, City of Mesa

"The greatest benefits derived from our telecom audit was not only the savings they found for us, but also the benefit of having TelCon handle the telecommunications support for all of our 250+ properties. They have proved to be everything they projected to us and more."
--Pam Brown, IT Vendor & Budget Manager, UDR

"Karen Thatcher is working with me now and I have been very impressed so far with her services. Her first draft of recommendations for us resulted in significant savings. She has been very prompt and communicative with all our work so far. I am impressed with her attention to detail as well as her knowledge of how companies such as Verizon present and sell their different plans. If you are interested in having a professional look at your phone system, TelCon Associates comes highly recommended."
--David Langford, Three Notch Veterinary Hospital, Hollywood, MD

"What a pleasure it has been working with you and your entire team. You are a top notch group of professionals. You stood by us every step of the way, we couldn't have asked for a smoother transition. We were equally pleased with TelCon on our previous job, I bragged about the great resource we have for telecommunications. Bragging rights will continue! Thank you very much, all of you. You're a great team!"
--Diane Selander, Construction Manager, AvalonBay Communities, Inc.

"We have been extremely impressed with the professionalism and knowledge of TelCon Associates. I would not hesitate to recommend your services to others."
--Principal Mutual Life Insurance Company