The Importance of Data Analytics in Procurement: Are you leveraging your data for the best results?
Data analytics has become a critical tool for businesses across a wide range of industries, and procurement is no exception. By leveraging data analytics, procurement professionals can gain insights into their spending patterns, identify potential cost savings opportunities, and make more informed procurement decisions. In this article, we’ll go over the importance of data analytics […]
How SaaS is Changing the Procurement Industry
The procurement industry has traditionally been slow to embrace new technologies, but that’s starting to change as more businesses turn to software-as-a-service (SaaS) solutions to optimize their procurement processes. SaaS is transforming the procurement industry by offering a range of benefits, but it also presents some challenges that businesses need to be aware of. In […]
Cost Optimization Solutions – How do They Work?
You’re probably expecting an answer that involves AI, Machine Learning, <insert fancy tech here>. Well, yes. But instead of “sprinkle fairy dust, magic happens”, we have a more comprehensive breakdown of the capabilities involved in this article. Cost optimization solutions are becoming increasingly popular as companies look to reduce expenses and improve their processes to […]
How Data Insights Can Optimize your Organization’s IT Services
As businesses continue to rely on technology to drive their operations, optimizing and managing IT services (one of the largest areas of IT spend for most organizations) has become increasingly important. One of the most effective ways to achieve this is by leveraging data insights. In this article, we will explore how businesses can use […]
Telecom-Network Infrastructure Pricing
Often the data available on your Telecom network infrastructure is so scattered that you are unable to negotiate better prices for lack of information. There are so many factors and complexities to consider that is inevitable to be overwhelmed. How to determine the optimal price to aim for when negotiating new deals or renewing […]
What’s Involved in Deploying Spend Optimization Platforms
Are you exploring a spend optimization solution for your IT services and wondering how they are deployed? Want to make sure they are not an absolute headache for you and your business? Know the right questions to guide your selection criteria? You’re in the right place. In this Article, we will go over the key parts […]
Refundable Billing Errors and Where to Find Them
Cost Savings in IT This is the 2nd article in our “Cost Savings in IT” series. Introduction Did you know that 3% of invoiced charges are likely to be billing errors? Are you looking for ways to identify these errors and claim refunds from your vendor? Trying to work out how to systemize the process? […]
Methods for optimizing costs in IT
Methods for optimizing costs in IT Are you looking for ways to optimize costs in IT but not sure where to begin? Trying to work out the most efficient way to identify cost savings? In this article, we’ll look at the different methods of optimizing IT costs and how a cost optimization […]
Identifying the Telco savings your traditional audit can’t
A traditional one-off audit of your Telco services may leave you feeling like the job is done, but they are often incomplete and erroneous. These manual audits of the past are allowing many companies to spend as much as 50% too much on their Telco services, hampering vital growth and data hygiene. The complex Telco […]
Tackling the Root Cause of the World’s Billing Problem
Identifying cost savings for customers who have been consistently overcharged only solves one part of the global billing problem. Technology service providers, such as telecoms companies, are also at risk when failing to accurately bill their clients. Losing customers and breaching regulatory compliance are the foremost hazards, particularly at this time of increased data scrutiny and […]