Telecom Expense Management Solution ROI Analysis

This document is a guide that outlines the return on investment (ROI) associated with a telecom expense management solution. It describes how such a solution can significantly enhance organizational value by streamlining the tracking and management of telecom invoices, service quotes, orders, changes, and cost optimization efforts. The guide emphasizes the importance of evaluating both cost savings and productivity gains derived from automating various activities through AI-powered software and centralized management. It details specific activities such as invoice process management, reporting and analytics, invoice auditing, and late fee avoidance, providing average savings metrics for each. For instance, invoice process management can save approximately 18.5 minutes per invoice, while reporting and analytics can save 4-6 hours per month per report. The document also notes that about 5-10% of annual spend can be saved in the first year through effective invoice auditing. Overall, the guide presents a comprehensive view of how telecom expense management can optimize spending and resources.