Telecom Auditing

A History of Telecom Auditing

Consider that in the early 2000s businesses were noticing that they were being billed on a phone line tax that was part of the War Revenue Act of 1898. This was a piece of legislation that was designed to raise money for the US’s participation in the Spanish-American War. While the taxes the act included hadn’t been in effect continually, they did in a sense sneak up on many unsuspecting companies.

The Expenses

While you may not be getting taxed to fund a long ended conflict, companies routinely lose excess money on bills such as phone, fax, and service lines, internet, and other utilities. The reason is simply that each invoice costs somewhere from $60 to $120. This adds up quickly, especially if you have many buildings with several different lines, internet services, and utilities in each. Plus, many utility bills are incorrect in that a business is being billed on an inactive, missing, or even defective utility.

“Telecom auditing is a practice that saves businesses money and team members’ time by moving the auditing responsibility to an agency that asks for a much smaller fee.”

The Benefits of Telecom Auditing

Hiring a group to audit your telecommunications invoices for you is then an excellent solution to this billing problem. Telecom auditing is a practice that saves businesses money and team members’ time by moving the auditing responsibility to an agency that asks for a much smaller fee. Additionally, these groups can organize your inventory/assets while going through your invoices and offload labor from your team, allowing your company to focus more on its core business adjectives.

Auditing your own invoices hamper your business; consider hiring a group to audit your telecommunications so you won’t be surprised and slowed by an ever-mounting number of bills. Have any questions concerning telecom auditing or would like to learn more, feel free to contact us.