As explained in a previous blog, there are a lot of benefits to using an Aggregator. A benefit worth delving deeper into is Telecom Bill Consolidation.
Instead of receiving a bill for each service you have contracted, consolidation combines them into one bill reflecting all of your telecom services. The goal is to receive as few bills as possible.
Having fewer bills to pay is just the beginning of billing consolidation benefits. Additionally you get:
- Easier tracking of the services you have contracted. This really shines when you are managing multiple locations.
- Lower administration costs. Receiving, Verifying and paying your accounts payable can be a full time job, especially as your business grows. The accounting industry rule of thumb is that it costs $11 to process each bill.
- Less time processing and more time analyzing. Your bills reflect the costs of doing business. Making sure you are not paying for what you don’t need is a critical and on-going effort.
There are two types of Bill Consolidation solutions. Aggregators lease circuits from the big network companies like ATT, Verizon and Sprint. They then add services and features to support the everchanging technology needs of today’s businesses. By bundling everything together, they can generate one simplified bill.
The other option is a consolidation service. These companies have set up relationships with service providers to receive your bills where they are combined and forwarded on to you in a simplified easy to read layout.
Every company is different in how they meet their telecom needs and how they are paid for. You’ll need to review all of your options against what you need. Then, compare the related costs and benefits of each. There is a lot of knowledge and experience needed to get the right services at the lowest price. A Telecom Broker specializes in all of these tasks and can save a lot of time and money over doing it yourself.
Teledata Select offers a whole range of services that will help you meet your business goals. Starting with a complimentary review of your current telecommunication bills to identify errors and find opportunities for savings, better service and more functionality. We also offer project management for new service implementation and infrastructure installs, including fiber and low voltage cabling. Call us at 404-257-1502 to discuss your current Telecom Service Solution and what you would like to get out of it. Or send us a note via Contact us to start a no obligation discussion of your specific business technology needs.
Don Miller is a PMP certified Project Manager located in Charlotte, NC. He has come to Teledata Select via Seattle, New York and Washington DC. His experience running small to multi-million dollar projects in the Banking, Software, Telecommunications and Insurance Industries across the US has given him a wide range of business and technical experience.