Without a proper expense management plan in place, it is easy for construction telecom expenses to add up, fast. eSquared works with construction firms to monitor and manage their telecom expenses with our telecom expense management (TEM) services. Here are a few of our top tips for managing and controlling construction telecom expenses.
1. Uncover Money-Saving Opportunities
If you’re not actively looking for ways to save money on your construction telecom expenses, then you’re spending too much on telecom. Without a TEM tool in place, uncovering money-saving opportunities can be challenging.
When you use a TEM system, the tool collects data on your telecom services and use, from devices to wireless plan charges. This can help you find opportunities to save money on underutilized devices as well as overcharges, discrepancies, and even violations on your wireless contract. Working with a TEM partner such as eSquared can even help you negotiate a better wireless plan rate.
2. Control and Forecast Your Telecom Spending
Spikes in costs and opaque billing practices make it difficult to control current telecom spending and forecast future spending. With a consistent and flat rate, you could better anticipate telecom expenses and plan for future investments in your telecom infrastructure. Even without a flat rate, a TEM system can help you understand your past telecom expenses to make better predictions about your future costs.
3. Identify and Eliminate Zero-Use Devices
When you manage a fleet of devices in the field, it’s easy for one to get lost in the shuffle. A TEM system helps you identify devices that are no longer used and remove them from your data and wireless plans. The savings may seem insignificant for a single device, but eliminating zero-use devices across your operation adds up to serious cost savings over time.
4. Eliminate Device Clutter
Zero-use devices aren’t the only culprits that raise your construction telecom expenses. Having too many devices can balloon your bill, too. Why deploy a tablet and a smartphone to a field service worker when either could do the job on its own? By maintaining an inventory of all the devices you have in the field, a TEM system can help you uncover inefficiencies in your device deployment, eliminate device clutter, and save money.
5. Allocate and Departmentalize Costs
With the help of a TEM tool, your construction firm can break down your telecom expenses by department to see exactly where your telecom budget is being spent. With this knowledge in hand, you can begin to allocate funds to make sure your teams are adequately supported in the field and identify cost-saving opportunities by department.
6. Streamline Procurement, Provisioning, and Support
Saving money on devices you already have is great, but how do you save costs on new devices? Streamlining device procurement, provisioning, and ongoing support helps you save money when it’s time to add devices in the field. eSquared offers turnkey TEM and device solutions for construction companies and other field services. Our expert team will identify the best devices for your operations, load with your apps and software, and provide ongoing, 24/7 support to your employees through our award-winning help desk.
Working and saving money with eSquared starts with a conversation. Get in touch with our team today to discover how we can help you save on construction telecom expenses.
