
By the Numbers
Expense Management
Gathered from 15+ years of experience, 500+ client engagements, over $80 million of invoices reviewed and several thousand Telecom Carrier contract negotiations.
Number one initial reason for client desiring a TEM engagement?
To make the “noise” go away and exhausted from always being reactive to Telecom challenges
Number one reason after TEM engagement?
Peace of mind in knowing that there is a proactive process managing your Telecom Spend, rates, assets and budget.
Average annual percent of Telecom budget forfeited to Carriers due to not reviewing invoices?
12-17% of annual budgets are forfeited each year to Carriers by not reviewing and auditing monthly invoices.
Average percentage of client’s landlines with no defined user/owner before a line audit?
11-16% of land lines are found to be out of service, with no owners or simply go unused.
Percentage of companies that simply pay Telecom invoices without any oversight/reconciliation process?
Up to 80% of companies simply pay their bill in full without any inspection. Gartner
Average percentage of total invoices that have carrier errors?
Gartner researchers have estimated that up to 85% of all Telecom Invoices are in errors, with most errors in the carrier’s favor.
Where most outrageous billing/invoice errors take place?
Cancellations and adjustments of service
Average low/high percentage annual Telecom savings?
2XL TEM average low percentage of annual savings 18%, High percentage is 45%
How much work on your part to gather the information?
When you work with 2XL TEM, we do all of the work; you just need to provide us access to your carrier portals.
Why not just do this Telecom Expense Management work internally?
Our staff averages 25-30 years experience in Telecom Expense Management.
Leverage our proven, in place, C-Level expertise immediately
Our staff has taught college level courses on the subject. (University California Irvine School of Engineering)
Our staff has actually written the book on the subject. (Negotiating Telecommunications Contracts, published by The Telecom Library Inc., New York).
We have negotiated thousands of carrier pricing negotiations, with tremendous results.
Our services cost you nothing as we work on a contingency basis. We only get paid after delivering your results.
Our results are second to none.