We’ve put together a list of the most Frequently Asked Questions. Please contact us if you don’t see your question, or would like more information.
- What is a telecommunications audit?
- What percentage of bills have errors or inefficiencies?
- What does usually Telcom find?
- What does an audit cost?
- When should I have an audit?
- What do I need to give Telcom to perfom the audit?
- What does Telcom do with their findings?
- Why bother?
- Why do I need an audit – I have a telecommunications staff who reviews the bills?
- Why should I hire Telcom Corporation?
What is a telecommunications audit?
An extensive analysis of your local, long distance, internet, data, cellular, and equipment bills. We utilize your contract with your provider, along with their federal and state filed tariffs, to check that the rates you are being billed are correct. We also optimize your services by making sure that you don’t have too many lines or have features that you are not using.
- Charges for non-existent items
- Incorrectly applied taxes
- Too many lines for your company size
- Rates that don’t match your contract
- Unnecessary services
What does an audit cost?
That depends on the complexity of your services. However, our time-based charges usually account for LESS THAN 25% of your annual savings. We’ll do a complimentary review to give you an estimate of our time and your savings.
When should I have an audit?
NOW! There is never a bad time for an audit but there are bad times NOT to do an audit. If you’re about to change service providers, you may lose the refunds you’re entitled to if you don’t discover the errors before you leave. The provider will have no incentive to give you sufficient refunds if you have already notified them that you are leaving or have already left. Don’t use up your refunds in legal fees fighting to get back what is yours! At least three months before you change service providers, and before you have told them you are leaving, call us, and we will work quickly.
Also, if you are about to relocate your office with your existing provider, you should have us do an audit. You may be paying to install services in your new facility that you don’t need to take with you. Again, give us at least three months before your move to get the most efficient move plan.
What do I need to give Telcom to perfom the audit?
We will need one to two months of current billing to start. If we discover something that goes back in time, we will contact if we need more historical records. We will also need a copy of any signed provider contracts.
Lastly, on your letterhead, we will need a letter of authorization (LOA) that gives your providers permission to speak directly to us to provide information and records. This letter can be revoked by you at any time.
What does Telcom do with their findings?
We do all the work! After we find the errors and inefficiencies, we present them to you. Then, we talk to your providers on your behalf, negotiate the refunds, implement the orders to reduce the inefficiencies, and check the next month’s bill to make sure that everything got done correctly.
Let’s do the math:
$25,000/month* x 17.5%**= $4,375/month = $52,500/year
$525,000 over 10 years
*Small to Medium sized company
**Average refunds and savings
Why do I need an audit – I have a telecommunications staff who reviews the bills? This is a sticky subject. Most telecomm staff do not have the tariff and contract knowledge that Telcom auditors have. Also, most of your staff have mostly IT knowledge, spending most of their day fixing telecomm and IT problems, not reviewing bills.
The reason you will not find the names of hundreds of our clients on this site is because they are embarrassed that they were spending big dollars on high telecomm salaries, yet we came in and found even bigger dollars in errors and inefficiencies.
We specialize in Senior Housing Mangement firms that operate Assisted Living, Independent Living, Skilled Nursing, and Memory Care facilites across the country. Not convinced yet? Let us give you a complimentary review of your main voice bill. We’ll tell you how much we see in errors and inefficiencies, then you can hire us knowing that you have money coming to you!
For all your no obligation audit review, please contact Telcom today.