How to: Leverage Your Organization’s Size for Telecom Service Savings

Streamlining and being cost-efficient with your telecom service isn’t easy. It’s a complicated, fast-moving field that is absolutely necessary for your company to remain competitive, but usually comes with a significant cost. It’s easy to fall into a situation where your billing and invoicing are decentralized and you have multiple contracts for the same service in different locations. Even if you’re with the same carrier, services and prices may be different depending on the location. 

Enterprise organizations have a unique opportunity when it comes to telecom expense reduction: leveraging their locations and size to lower costs. You are a big organization and you’ve worked hard to achieve that. You use your size and reach to provide a higher level of service to your customers and clients, and you should use that same size and reach to negotiate better prices on the services you need to do business.

The same contract and invoice audits that ensure that you are receiving all relevant services and aren’t overpaying can also be used to ensure that all relevant accounts are rolling under the master contract. By moving all accounts to the master contract, you can realize savings that come from realizing your true purchasing power. 

Telecom service providers are loath to provide any sort of enterprise discount on a contract for just one location. But if you are an enterprise organization with multiple locations, that same service provider will be much more willing to work with you on a reduced price in order to guarantee your business. 

By leveraging your full purchasing power, you may also be able to identify migration opportunities you didn’t think were manageable. One way to realize network cost savings is by upgrading your services as an enterprise. 

Telecom and network services is a field where the technology it provides is growing by leaps and bounds every year, if not every few months. This means that the services you purchased two years ago are probably out of date. 

One way to save money, and provide better service to your employees, clients, and customers, is by upgrading those same systems. It may seem like the more expensive endeavor but, by purchasing as a unified enterprise, you will be able to negotiate even more savings in the short- and long-term. 

BlackFin Square also uses our relationships and global partnerships to secure savings for our clients. As a leader in the field, we’ve worked with service providers around the world for years. We’ve carefully cultivated these relationships so that we can secure the best services at the best prices for our clients. 

If you haven’t consolidated your telecom and network services contracts under one master account, now is the time to consider such a move. It will save your organization money and allow you to provide a higher level of service for all of your stakeholders. 

Learn more about how you could be saving big on your telecom services!

Lets talk about how we can save you time and money.

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