In these uncertain economic times, Agents are challenged with how to bring in new business, maintain existing customer bases, and hit carrier commitment levels. The other challenge is the surge in Social Network Marketing, time and budgeting all of the above. How do you overcome these obstacles?
The Telecom Challenge
(1) Give a little to gain a lot - what does this look like? Giving that time is disappearing, bills are increasing and customers are thinning out, you need to invest in client management. Client management is constant contact with your customers assuring them that you are there for them during these economic times. Invite them to an account review to ensure that their services are up to date and contracts are under the best promotions. Contact them when new promotions are released, but involved in their day to day. Be an advocate on a higher level.
(2) How can someone achieve this when time is so thin and budget is low? Outsourcing this service will provide a great buffer for you & the client. By providing a team of people who are there to support you, your customers and their needs. In fact, we have an entire process dedicated to help you achieve this. If you haven't taken a look at our new support offerings, you should consider them.
(3) Flat rate packages keep you from questioning time vs reward. We have launched a few new plans that are offered on a flat rate basis that will help you budget long term your Client Management Services vs your Back Office/Pm Services. Contact a Representative today to see what this may look like for you. You will be pleased at the affordable package rates.
(4) Some Partners have gone back to the drawing board. When you consider your sales volume, your carrier contracts vs. time, some partners have gone back to project managing & placing their own orders. What they have not seen is the decrease in visibility in the marketplace. As they have been working on projects - they haven't been in the field managing customers, increasing sales and hitting carrier commitments. Press in & continue to allow your Back Office Support to provide those services for you. It will pay for its self in the long run. No matter how small or large the deal, if your core gifting is in sales - you will spend more time in paperwork and management then you would if you were in the field selling. We continue to offer support for Agents, Partners and Auditors. It is our core & what we pride our selves in.
Consider these as Challenges for your business. Do you have what it takes to give a little to gain all of the things your business is committed on providing for your Customer Support Experience? It isn't about just getting an order in the system, it is about long term relationship building and maintenance.
Showing posts with label Budget. Show all posts
Showing posts with label Budget. Show all posts
Monday, July 13, 2009
Tuesday, March 24, 2009
The Telecom Audit
In this ever changing economy, the nation is seeking freedom from financial burden, release from painful debts and security in the workplace. As we travel down a road of unparalleled oddities, we need to refocus our visions, models and core strengths in Telecommunications, in a different direction for our customers.
Focusing on the Telecom Audit, there are many broad practices which should become fine tuned and refurbished. An audit isn't just a onetime occurrence that sparks possible migration to other carriers, contract renegotiations or increase in spend (in some cases). Develop and market your business as a Customer Care Organization focused on inventory management and cost reduction for your customer. Become their true, single point of contact by engaging with them on a higher level.
The Telecom Audit should be focused on these core items:
* location/inventory management
* validity of contract vs. tariff vs. invoice vs. customer service records
* taxation compliance
* terms and condition clauses
* validity of packages / grandfathered products
* terms of service
* technology changes
* historical review back 24 months
The list can continue, but you understand that the review is more than an apples to apples MRC review, rather an apple to fruit salad list of items. This requires further digging that could result in savings and credits for the customer. Derived from the savings and credits, consider the fee for the time associated with conducting the audit and how that should be negotiated with the customer. Billing errors can occur on any carrier invoice, with any size business, so don't leave out your small to medium sized customers. Also consider the language of the agreement you negotiate to ensure your time is accurately compensated. We can work with the agent to craft the agreement so your fees don't end up higher than the recovery.
We have worked with Agents, Brokers and Business Partners on projects with spend from as small as $1K/month spend to $3M/month spend, recovering an average of 15% on billing errors in historical audits, optimization for long term savings, and inventory management. At times, credits can go back as far as two years, depending on the terms and conditions with the carrier.
We recommend outsourcing the service to companies specifically trained in how to implement a full granular audit. They will know what to look for, how to project and manage the changes, renegotiate contracts, manage inventory and recover credits for your customer. Logically, if your team isn't trained on how to perform a thorough granular audit, it makes since to budget time to bring in those who have practiced these skills for years.
Moving forward, develop a plan to revisit your base every six to twelve months, with a fresh vision of long term savings and credits for your customers. By presenting the extra added value of pursuing credits and long term saving options to your customer, you increase their trust in your service, delivery and most importantly remind them of your presence on a more frequent basis. Retaining those relationships are crucial to maintaining the stability of your base. Equipping your best business practices that offer proven customer experience options, are processes that any Telecommunication Consultant should consider.
Focusing on the Telecom Audit, there are many broad practices which should become fine tuned and refurbished. An audit isn't just a onetime occurrence that sparks possible migration to other carriers, contract renegotiations or increase in spend (in some cases). Develop and market your business as a Customer Care Organization focused on inventory management and cost reduction for your customer. Become their true, single point of contact by engaging with them on a higher level.
The Telecom Audit should be focused on these core items:
* location/inventory management
* validity of contract vs. tariff vs. invoice vs. customer service records
* taxation compliance
* terms and condition clauses
* validity of packages / grandfathered products
* terms of service
* technology changes
* historical review back 24 months
The list can continue, but you understand that the review is more than an apples to apples MRC review, rather an apple to fruit salad list of items. This requires further digging that could result in savings and credits for the customer. Derived from the savings and credits, consider the fee for the time associated with conducting the audit and how that should be negotiated with the customer. Billing errors can occur on any carrier invoice, with any size business, so don't leave out your small to medium sized customers. Also consider the language of the agreement you negotiate to ensure your time is accurately compensated. We can work with the agent to craft the agreement so your fees don't end up higher than the recovery.
We have worked with Agents, Brokers and Business Partners on projects with spend from as small as $1K/month spend to $3M/month spend, recovering an average of 15% on billing errors in historical audits, optimization for long term savings, and inventory management. At times, credits can go back as far as two years, depending on the terms and conditions with the carrier.
We recommend outsourcing the service to companies specifically trained in how to implement a full granular audit. They will know what to look for, how to project and manage the changes, renegotiate contracts, manage inventory and recover credits for your customer. Logically, if your team isn't trained on how to perform a thorough granular audit, it makes since to budget time to bring in those who have practiced these skills for years.
Moving forward, develop a plan to revisit your base every six to twelve months, with a fresh vision of long term savings and credits for your customers. By presenting the extra added value of pursuing credits and long term saving options to your customer, you increase their trust in your service, delivery and most importantly remind them of your presence on a more frequent basis. Retaining those relationships are crucial to maintaining the stability of your base. Equipping your best business practices that offer proven customer experience options, are processes that any Telecommunication Consultant should consider.
Thursday, March 12, 2009
Does Outsourcing Support Services make sence?
What are advantages of OUTSOURCING Back Office Support?
Businesses STRUGGLE with these key items:
· Budget
· Business Loans
· Equipment Expenditure Needs
· Telecom Costs
· Office Space needs
· Benefits for Employees
· Salaries
· Overhead vs. Profit
In this market, with the economy changing so frequently and drastically, it just makes since to outsource services. Outsourcing will CHANGE:
· Budget – you budget ONLY for the support you need
· Business Loans – loans won’t need to be taken out to pay for salaries or equipment
· Equipment – the outsource has all of their own, computers, routers, printer, toner, paper, etc.
· Telecommunication costs – the outsourced team has all of their own phones, phone lines, internet, headset, etc
· Office Space – the outsourced is remote, no office space required
· Benefits – the outsourced is responsible for their own taxes, medical, dental, vision, life insurance & 401K
· Salaries – there are no salaries - you only pay for time actually worked
· Overhead vs. Profit – we don’t calculate any percentage of your commissions for our compensation, we will only invoice you for time actually worked.
Outsourcing will help you GAIN:
· More time for sales
· A support team that you don’t have to train
· A support team that helps you diverse into multiple carriers markets
· Experienced
· 1099 support is a tax benefit
Businesses STRUGGLE with these key items:
· Budget
· Business Loans
· Equipment Expenditure Needs
· Telecom Costs
· Office Space needs
· Benefits for Employees
· Salaries
· Overhead vs. Profit
In this market, with the economy changing so frequently and drastically, it just makes since to outsource services. Outsourcing will CHANGE:
· Budget – you budget ONLY for the support you need
· Business Loans – loans won’t need to be taken out to pay for salaries or equipment
· Equipment – the outsource has all of their own, computers, routers, printer, toner, paper, etc.
· Telecommunication costs – the outsourced team has all of their own phones, phone lines, internet, headset, etc
· Office Space – the outsourced is remote, no office space required
· Benefits – the outsourced is responsible for their own taxes, medical, dental, vision, life insurance & 401K
· Salaries – there are no salaries - you only pay for time actually worked
· Overhead vs. Profit – we don’t calculate any percentage of your commissions for our compensation, we will only invoice you for time actually worked.
Outsourcing will help you GAIN:
· More time for sales
· A support team that you don’t have to train
· A support team that helps you diverse into multiple carriers markets
· Experienced
· 1099 support is a tax benefit
Labels:
Admin,
Back Office,
Budget,
Business,
Outsource,
Savings,
Support,
Telecom,
Telecommunication
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