Manufacturer
Upon audit and review Teleffective determined that one of the carrier contracts in force was not being billed correctly with the contract price, just the normal tariff pricing. Upon completion of the audit and investigation with the carrier, our client received the full amount of the overbilling plus interest in the amount of approx. $40,000.
Bank
After a complete audit of the client's bills in comparison with actively used services, it was determined that a tie line circuit, which was discontinued due to a change in service, but was never disconnected and the client was being billed at the rate of approx. $1000 a month. Teleffective's investigation with the carrier resulted in a check for the full amount of the overage plus interest for approx. $27,000.
Warehouse
An audit determined that a dedicated data circuit to one of their vendors was at an old address as the vendor had moved to a new location, but the old circuit was still in service at both ends, although unused, at a cost of $600 per month for several years. The value of the billing error was approx. $22,000.
Bank
An audit revealed many opportunities to reduce their current pricing through promotions, new contracts, and bonuses provided partially through packaged or bundled services resulting in a net effective savings over 36 months of approx. $64,000 going forward.
Transportation
An audit revealed savings going forward based on promotional pricing plans, a substantial reduction in a special circuit, plus a large error refund based on incorrect long distance billing.The resulting savings totaled $109,706 over 36 months.
When reviewing in detail your communications bills we will find errors or overcharges, and arrange with the phone companies to eliminate extra and mistaken charges that are present on our clients bills.
Depending on your usage, over charges, billing errors, contract errors, promotions available the savings can amount from 5 to 30% or more!