Our network cost reduction solution offers significant benefits to media companies by reducing costs, providing revenue benefits and by optimising network elements from core and third-party network assets. Return on investment and payback can be realised within the first year.
The solution is based on four core components:
- Network data reconciliation aims to reconcile the end-to-end information used to manage the network, namely the order, contract, operations and billing data. The objective is to identify cost savings and revenue that has fallen through the normal business process.
- Network sourcing and voice cost reduction aims to reprocure or renegotiate third-party costs. This is predominantly focused towards interconnect and leased lines procured from third-party organisations.
- Revenue assurance aims to reconcile billing discrepancies between contract and invoiced values, typically for interconnect and leased lines.
- Network optimisation aims to redesign core network elements to get optimum use and efficiency from the current network
Over 50% of large organisations do not have a clear understanding of their own network spend. We offer:
- Proven capability that has been developed significantly over the last two years
- A proven approach, methodology and toolset, including the development of the data reconciliation toolset (DART)
- Flexible solutions that can be applied across multiple client models to realise true business benefit with a typical 6-12 month project delivering a payback in the first year.
On average, 12-15% of network spend is avoidable and significant benefits can be achieved by resolving existing data integrity, processing or contract errors.
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Client success
Typical examples of some recent project highlights include:
- UK media organisation – over 40% (£7m a year) reduction in third-party network provision
- European telco – 10% cost reduction in removing leased line redundancy across EMEA (over $10m annualised cost saving)
- Government body – £3.75m saving in network cost reduction optimisation
- European telco – 17% cost reduction in reconciling interconnect charges
- European telco – 11% increase in business product revenue through leakage identification
- European mobile – 5% cost saving through interconnect reconciliation.
Help to control voice and data costs
To help our customers to manage voice and data telecoms costs within the organisation, we offer a range of solutions:
- Using our unique tools and methodologies for financial, contractual and operational data reconciliation and strategic network sourcing, we can conduct a ‘proof of concept’ assessment to determine whether sufficient savings are available to justify a full network cost reduction project
- We analyse the situation to answer the key questions to help build a strong business case to support cost reduction targets
- We can then help execute an agreed solution to meet defined cost reduction targets.