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Inventory & Contract Management

Customer Benefits with partnerTEL Asset Management

Telecom departments within mid-sized enterprises face numerous challenges when it comes to managing their services. Often, juggling the day-to-day activities with limited resources and budgets causes other responsabilities to slip. One common casualty is asset and contract management. A single, central repository for circuits and contracts can quickly become a multitude of disparate spreadsheets, where services do not get associated with contracts and visibility into (and control over) the network gets lost. Impacts can include:

  • Paying for unused, excess or duplicate services.
  • Paying too much for services purchased outside of contracted terms.
  • No knowledge of contract expiration dates and subsequent terms.
  • Inability to appropriately depreciate assets.
  • Inaccuracy in budgeting for operational expenses.

To resolve these issues and relieve their financial and operational impacts, companies can turn to partnerTEL.

Creating Inventory Database
Using a regimented methodology - including invoice & contract analysis, carrier data scrapes, site surveys, etc. - partnerTEL will compile a complete inventory of circuits and hardware, as well as the contract terms associated with each item. This data will be captured on our proprietary platform, which is anchored by a relational database designed for telecom services management, and is accesible via a secure portal. Clients can view, run reports or make changes to inventory, as well as take advantage of proactive management functionality, such as receiving notifications when contracts are approaching expiration.

Contract Audit & Optimization
In addition to capturing inventory, partnerTEL can perform a complete audit, comparing existing services to utilization, invoiced pricing, contract terms, etc. Clients will be notified of any discrepancies, as well as given suggestions on how to optimize their services. partnerTEL will also manage the efforts to correct or right-size their services, as well as implement a program to manage operational and budgetary needs going forward.

Gain complete visibility into telecom services and hardware
Reduce costs by bringing all services under contracted terms, or moving to Master Services agreements
Eliminate costs associated with excess services
Improve budgetary and financial governance
Improve ability to plan for new or emerging services
Increase efficiency in support activities
 
 
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