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Telecom Lifecycle Management Helps Any Size Company Reduce Costs, Improve Communications

By Erin Harrison  |  Senior Editor

As companies have become more diversified, communications tools and deployments have become vital to the health of the enterprise. Through a telecom lifecycle management solution, companies can improve employee communications while reducing their expenses – and in today’s challenging economy, companies of all sizes and regions are looking to cut costs.

“It doesn’t matter whether they are a small company or a global company. Being that there is such an initiative to reduce costs, and telecom is typically one of the largest monthly expenses for companies, telecom is always on the “radar” screen to the company’s key executives,” explained Trent McCracken, president of Spectrum Inc.

Inadequate visibility and control of telecom expenses are costing large enterprises more than $8 million a year in missed rebate capture, overcharges and missed savings opportunities, according to a benchmark report from Aberdeen Group.

“The appeal to implementing a telecom lifecycle management solution is that the company could essentially start saving dramatically in just a few months,” McCracken said. “They are then able to forecast those monthly savings out the remainder of the year, ultimately having a positive impact on their bottom line at year-end.”

According to McCracken, both enterprises as well as small- and medium-sized businesses should look at implementing a telecom lifecycle management solution.

“Any company that wants to get a better grasp on their telecom and save substantially on their monthly telecom costs,” McCracken said. “The beauty of our TLM solution, TrueVue, is that it is scalable to support companies of all sizes. Reducing the telecom costs are only part of the benefit as many companies see the greatest efficiencies in streamlining the current business processes within the telecom environment.”

Spectrum offers telecom lifecycle management solutions that allow organizations of all sizes and industries to focus on their business needs by providing the tools necessary, from ordering/procurement of telecom services to real-time access management of assets, contract negotiation, expense management and auditing as well as implementation and support.