Thank you for sharing!

Your article was successfully shared with the contacts you provided.

If you think your company’s telecom bill should bear the warning, “Read it and weep,” try this number on for size: The average large corporate customer is probably paying as much as $8 million a year more than they should on telecommunications through a combination of faulty billings and missed savings opportunities. Now, there’s an expense that would certainly make any finance executive choke up. Yet, according to Boston-based consultants The Aberdeen Group, this kind of bottom-line hemorrhaging is a reality when it comes to telecom spending, which amounts to about 3.6% of most companies’ revenues.

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.