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One of the biggest problems in Enterprise Productivity is connecting contracts through to expenses – that is, the written word of the contract that translates to the dollar amount of the expenses. Companies across the globe overspend in the Telecom and IT services categories more than $0.5 trillion dollars per year because it’s so difficult to make that connection and have a more consolidated view of what is spent. A lot of time is spent tracking and figuring out where problems exist and there are so many little problems compounded that there’s no guarantee they’ll be picked up in its entirety. The result is ill-equipped staff that lose huge amounts of time and have no guarantee that they even found the full savings potential.
Our mission is to save you time. When we save you time, we save you money. We free up space for you to focus on other tasks and projects you could be doing to develop and improve your business, without having to rely on manual auditing, that results in reporting which are time-consuming and prone to human error and inconsistency of data.
Telco Machine exists at the intersection of cost saving and expense management. Our machine-learning platform automates the most complex tasks of auditing, optimizing, and managing spend for Telecom & IT services for medium to large enterprises.
With an innovative delivery model that optimizes spend with integrated on-demand solutions for expense management and consolidated invoicing, we arm businesses with the information they need to secure and sustain savings.
Instant quote generation based on your spend profile of suppliers and geographic locations.
Provide contracts and invoices and receive a cost savings summary report, demonstrating your cost saving potential at a summary level.
£165,58 k
37
20
116
841
37
117
23/09/2020
08/12/2021
From £64,524 to £138,892
Opportunities for Immediate Savings |
Regions |
Suppliers |
Min. Total Value (GBP) |
Max. Total Value (GBP) |
|---|---|---|---|---|
|
Unused Services |
7 |
11 |
£29,817.28 |
£61,795.08 |
|
Unused Products |
1 |
1 |
£2,935.74
|
£7,606.24 |
|
Cheaper Plans with Existing Provider |
2 |
3 |
£31,154.48 |
£56,796.29 |
|
Billing Error |
2 |
2 |
£133.00 |
£10,085.03 |
|
Excessive Users |
1 |
1 |
£652.39 |
£2,609.55 |
Excessive Users
Summary Table
| Country | Vendor Name | Cheaper Plan Types | Min Savings | Max Savings |
|---|---|---|---|---|
| USA | Ring Central | Excessive data users | £652.39 | £2,609.55 |
Methodology
How the opportunities are found
Excessive Users
Action
Steps
Under Review (2)
Approved (0)
Rejected (0)
| Country | vendor Name | Bill Date | Service Id | Access Plan | Monthly Charge | Gigabyte Allowance | Gigabyte Usage | Excess Data Charges |
|---|---|---|---|---|---|---|---|---|
| USA | Verizon | August 09, 2021 | 843-263-9619 | Flexible Business Smartphn 2GB | 65 | 2 | 55.777 | 510 |
| USA | Verizon | July 09, 2021 | 843-263-9619 | Flexible Business Smartphn 2GB | 65 | 2 | 99.999 | 430 |
Choose One (1) Package
Delivers on cost savings and continuously monitors for new issues.
Bundles cost savings plus expense management features.
Bundles everything plus a consolidated bill of all global suppliers in the one report.
85 Great Portland Street, London, UK, W1W 7LT
TMS is an AI company that creates cost savings from Telecom expenses.