Wastage in telecommunications expenditure is a huge problem in large businesses. Nebula has long been aware of this problem and has been developing methods to help companies fight expenditure wastage. They will soon be releasing a whitepaper to discuss the size of the wastage and how it can be combatted. Some insight from the upcoming whitepaper is included below.
What causes wastage in telecoms spend?
There are many reasons why a company might not be managing their telecoms spent efficiently, some of these include:
• The complicated telecoms landscape – with too many options from which to choose, in a variety of packages and deals, it is difficult for a company to pick out what telecoms products they actually want and need, and which supplier is best suited to deliver it.
• Lack of analytical skills – companies may not have the necessary skills to adequately analyse what they need from their telecoms suppliers, or to take an holistic view of where their telecoms spend is going and whether it is being utilised efficiently.
• Lack of appropriate systems – often a company will not have an appropriate system when it comes to acquiring telecoms products and services. This can cause a lack of uniformity in spending practices across different departments or divisions which results in redundancy, overspending and wastage.
What can companies do to reduce the wastage in their telecoms spend?
Nebula suggests a four step process that companies can implement to rein in their telecoms overspending:
How does having a third party such as Nebula help you to manage your telecoms spend?
Nebula helps companies manage and control their telecoms spend by supplying the missing skills and systems that many companies often lack. They also provide dedicated area knowledge and insight so that you can leverage their many years of telecoms industry expertise to the benefit of your business.