Know what costs to reduce Reducing costs is sometimes just a percentage game with a focus on the areas of main expenditure. A 25% saving on an 60,000 telecoms bill is more important than working towards a 50% reduction on a 4,500 spend on vending machines.
Length of Contracts Signing a contract for 1-3 years is good for the telecoms company as reductions dont have to be passed on and customers cannot benefit from moving to a lower cost provider. Also, if there is a 3-month notice period, who at your organisation will send out the letter to the telecoms company?
Know what you can achieve People are busy. Who will be responsible for reducing costs? It may be more efficient to hire an expert who works to a tight deadline and is motivated to deliver real results.
On-going monitoring Measure the future savings as initially, any new supplier knows that they must perform. The key is to check that after the honeymoon period prices do not creep up whilst service levels fall
Did you know that telephone costs can often be cut by as much as 40% – this is even where another telecoms company is being used.
Calls to Mobile Another major area with...
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