Best Fashion Companies To Work For In The Us Telephone Bill Auditing: Doing What Your AP Can’t

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Telephone Bill Auditing: Doing What Your AP Can’t

What is a phone bill audit and why do you need one?

The task of paying a phone bill seems quite simple. When your AP receives a phone bill or a series of telecommunications invoices, they check the system to make sure the bill hasn’t already been paid and then proceed to pay the bill. The problem here is that an AP does not check the contents of the bill thoroughly as they are not trained for this kind of in-depth analysis.

A phone bill audit provides a business with a detailed review of errors or even fraudulent charges in phone billing that are overlooked by an accounts payable clerk. Mistakes that, when left unchecked, can cost businesses thousands of dollars a month.

Unfortunately, in telecommunications, good is often left as “good enough”. Even when external expertise is readily available, and at best this expertise can even be obtained on a contingency basis.

In addition to discovering fee discrepancies, phone bill audits are a great way to: discover services that are no longer being used, learn how to remove various contract penalties, and have disputes filed for you regarding contract price discrepancies, resulting in big savings and refunds.

WHICH PHONE AUDIT COMPANY WILL WORK FOR YOU?

Finding the phone bill auditing company that’s right for you can seem like a tedious task, but narrowing down your search makes it less time-consuming. Here are a few things you’ll want to look for:

CREDIBILITY

If the company does not have an impressive list of customers who were extremely satisfied with the audit and the savings found, you may not be happy with the results. Look for a history of clients and check their references to confirm that the company has successfully established itself in their niche. You’ll also want to find a company that showcases their auditing skills and methods, rather than one that promotes changing service providers as a primary business. source of savings.

PRICES

Some accounting firms may try to sell you packages, make you pay upfront fees, or hide the proof of savings/lack of same in the billing. It is important to find a company that will post a detailed but comprehensive list of their results and will only charge you a percentage of the savings they provide you. Finding a company that charges on a profit share basis eliminates the risk of paying for phone bill audit savings you don’t receive or refunds you don’t earn. There is no risk of being charged more than you save in the future, because you only pay after you get the monthly proof of savings. Look for a phone bill audit company that performs an audit every month to prove savings and billing accuracy, so you know you’re getting what you pay for.

For any business it is important to seek out opportunities for savings, and in a world increasingly dependent on telecommunications, being able to extend data and phone services with the protection and security that telecom expertise can provide is invaluable.

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