Optelcon helps large companies reduce their indirect operating expenses by an average of 27% within 60 days. They do this through contract renegotiations, service optimization, expense management software, and other advisory services. Optelcon only charges 33% of the realized savings from their work and if they do not save the company money, there is no cost to the client. They have successfully reduced expenses for clients ranging from $50 million to $72 billion in annual revenue.
T-Mize offers telecom expense management services to help lower clients' operating expenses related to telecommunications. Their services include auditing phone bills and contracts to find savings, with no upfront cost to clients. T-Mize aims to have the savings from correct billing errors and negotiated rate reductions pay for the cost of their services. They partner with other IT solution providers and can offer additional services like voice, internet, wireless, backup and disaster recovery.
CorpoTel is an American telecom expense management company that offers consulting and managed services to help clients reduce telecom costs. Their services include auditing invoices, managing contracts and vendors, optimizing networks, and providing reporting and analytics. CorpoTel takes a customized approach depending on the complexity of the client's environment and needs. They aim to become the client's strategic partner by efficiently managing global telecom spending through their expertise and proprietary expense management platform.
Phone systems brisbane 11 smart questions a 27 year telecommunications vetera...Greg Eicke
11 Questions A 27 year Veteran of the Telecommunications Industry Would Ask
Before he bought a Telephone System
1. Do you offer any Guarantees?
Telephone system vendors can make all manner of claims… often with little accountability. The key question for the telephone system buyer is “does this vendor put their money where their mouth is?”
Greg Eicke from Phone Systems Brisbane can help any business with a monthly phone usage bill of $492 or more to pay for a new phone system out of bill savings. Greg also asserts that he can do this without changing the existing phone carrier for the business.
If your business fixed line telephone account usage is $492 or more per month, I’m not just confident that I can provide a powerful business communication solution that pays for itself, I guarantee it.
2. What are your implementation and Support processes?
ERA is an international cost reduction consultancy that finds average savings of nearly 20% for clients in non-core expense categories like banking, freight, supplies, and services. ERA has over 250 consultants in the US with access to benchmark pricing data and tools to analyze RFPs. Clients see savings quickly within 90 days, often by retaining current vendors but with better contracts. ERA only charges fees if savings are found with no savings, no fee.
This document summarizes NET(net)'s services for optimizing enterprise IT contract negotiation and configuration. NET(net) helps clients reduce IT spending by an average of 33% through a collaborative 5-phase process involving analysis, recovery, optimization, management, and relationship building. They have negotiated over 15,000 engagements for 1,200 clients since 2002. NET(net) employs seasoned professionals and utilizes a federated market intelligence database to negotiate hardware, software, services, outsourcing and telecom contracts on clients' behalf while maintaining client control.
T-Mize offers telecom expense management services to help lower clients' operating expenses related to telecommunications. Their services include auditing phone bills and contracts to find savings, with no upfront cost to clients. T-Mize aims to have the savings from correct billing errors and negotiated rate reductions pay for the cost of their services. They partner with other IT solution providers and can offer additional services like voice, internet, wireless, backup and disaster recovery.
CorpoTel is an American telecom expense management company that offers consulting and managed services to help clients reduce telecom costs. Their services include auditing invoices, managing contracts and vendors, optimizing networks, and providing reporting and analytics. CorpoTel takes a customized approach depending on the complexity of the client's environment and needs. They aim to become the client's strategic partner by efficiently managing global telecom spending through their expertise and proprietary expense management platform.
Phone systems brisbane 11 smart questions a 27 year telecommunications vetera...Greg Eicke
11 Questions A 27 year Veteran of the Telecommunications Industry Would Ask
Before he bought a Telephone System
1. Do you offer any Guarantees?
Telephone system vendors can make all manner of claims… often with little accountability. The key question for the telephone system buyer is “does this vendor put their money where their mouth is?”
Greg Eicke from Phone Systems Brisbane can help any business with a monthly phone usage bill of $492 or more to pay for a new phone system out of bill savings. Greg also asserts that he can do this without changing the existing phone carrier for the business.
If your business fixed line telephone account usage is $492 or more per month, I’m not just confident that I can provide a powerful business communication solution that pays for itself, I guarantee it.
2. What are your implementation and Support processes?
ERA is an international cost reduction consultancy that finds average savings of nearly 20% for clients in non-core expense categories like banking, freight, supplies, and services. ERA has over 250 consultants in the US with access to benchmark pricing data and tools to analyze RFPs. Clients see savings quickly within 90 days, often by retaining current vendors but with better contracts. ERA only charges fees if savings are found with no savings, no fee.
This document summarizes NET(net)'s services for optimizing enterprise IT contract negotiation and configuration. NET(net) helps clients reduce IT spending by an average of 33% through a collaborative 5-phase process involving analysis, recovery, optimization, management, and relationship building. They have negotiated over 15,000 engagements for 1,200 clients since 2002. NET(net) employs seasoned professionals and utilizes a federated market intelligence database to negotiate hardware, software, services, outsourcing and telecom contracts on clients' behalf while maintaining client control.
Wisconsin Healthcare Technology Association - Valicom PresentationValicom
Valicom's presentation from the Wisconsin Healthcare Technology Association, Fall Meeting 2015. Unlock IT Saving - three areas for major improvement within your telecom environment.
synergist.io is used by procurement departments, commercial teams and alternative legal service providers to execute high-volumes of recurring contracts with minimal effort. We provide a centralised and transparent workflow that is optimised for automating the negotiation of contract terms -- the most tedious and unpredictable step in the process.
Users can manage increasing volumes of contracts required to onboard suppliers or close new business, all with minimal involvement from legal. They’re guided step-by-step through the process and are empowered to negotiate where necessary, within safe boundaries and using terms that have been pre-approved by their legal team.
Expense Reduction Analysts is a global consulting firm that specializes in reducing non-core operating expenses for companies. They have a network of over 700 consultants worldwide who have completed over 14,000 cost reduction projects, averaging savings of 20% of expenses. ERA analyzes a company's expense categories like utilities, shipping, and supplies to negotiate lower rates and implement process improvements without disruption to operations or budgets. They present their process, success metrics, and client testimonials to Jim Massengale, the Director at ERA Georgia, as they offer their expense reduction services.
An Italian telecom provider wanted to optimize application development and consolidate its strategic partners. It engaged Capgemini to implement an Oracle-based solution to replace its legacy credit management system and take over application development and maintenance. This streamlined the provider's business processes, improved productivity, reduced errors and customer churn, and increased support capabilities. The provider achieved a 3% annual productivity gain and improvements in debt collection and customer retention.
Ben Wardleworth - Engage - How Collaboration can Win Big!Jayne Corbett
Collaboration through contingent workforce solutions can provide significant business benefits. A case study outlines challenges a large UK-based client faced with inconsistent rates, terms, and visibility across their 20 suppliers for temporary workers. Engage Technology Partners provided a solution to give real-time visibility and control of all temporary workers' details and costs. It established best practices, transparency, and accountability in the hiring and invoicing processes. This preserved relationships with recruitment agencies while creating fair trading. It resulted in reduced operating costs and improved supply for the client at no cost to them.
JLG Case Study - Prescriptive Analytics & CPLEX Decision Optimization and TM1...QueBIT Consulting
The document discusses how JLG Industries used IBM Planning Analytics and CPLEX Decision Optimization integrated with TM1 to automate and optimize their master production scheduling process. This resulted in estimated annual savings of $700K from reducing the scheduling time from 10 days to 3 days per month, and $2.5M from improved forecast accuracy. The solution aligned production plans from their Sales, Inventory, and Operations Plan more quickly and accurately to improve supplier forecasts.
JLG Case Study: Prescriptive Analytics & CPLEX Decision Optimization and TM1 ...QueBIT Consulting
The document discusses how JLG Industries used IBM Planning Analytics and CPLEX Decision Optimization integrated with TM1 to automate and optimize their master production scheduling process. This resulted in estimated annual savings of $700K from reducing the scheduling time from 10 days to 3 days per month, and $2.5M from improved forecast accuracy. The solution aligned production slot allocation across different factors based on optimization rules in 12 minutes, compared to 10 days previously.
The Kreller Group Data Expense Reductionbradfitness1
The Kreller Group assists clients in reducing costs associated with consumer credit information systems. They work on a contingency basis, charging a percentage of savings realized after implementing their recommendations. On average, clients see a 20-40% reduction in credit reporting expenses. The Kreller Group's process involves analyzing current expenditures, presenting savings opportunities, conducting interviews, tracking savings monthly, and invoicing based on the savings achieved. They have helped over 5,000 clients realize over $250 million in total savings.
Using market-based comparisons to drive transformation planning for a private healthcare hospital system. Are your technology costs in line with what best-practice outsourcing providers would charge for similar work? This is a case study showing how a market assessment led to a transformational roadmap - and the chance for a hospital system to save millions of dollars.
Innovation Spotlight: The First Universal Solution for Hirers, Agencies, Wor...TALiNT Partners
Drey Francis, Director, Engage
The powerful new platform that’s changing the way hirers and recruitment agencies work. Engage enables the entire supply chain to work together seamlessly without duplication and inefficient process. Engage removes the need for multiple expensive back office solutions and instead replaces them with cutting edge technology that will streamline the entire recruitment process
Brief PowerPoint explaining the common pains of Telecom Expense Management and a high level overview of how iTEMize can assist in relieving those pains
The Return on Invest in the Internet of Things. Mastering the Digital Transfo...Capgemini
Cisco hat prognostiziert, dass es bis 2020 weltweit über 80 Milliarden vernetzte Geräte geben wird. Solche Geräte werden Unmengen an Daten generieren. Trotz der
sinkenden Technologiekosten, werden die Speicherung und Sicherung von Daten für viele Firmen, die IoT-Systeme betreiben, zunächst ein Investment bedeuten − umso wichtiger, dass der ROI deutlich höher ist. In diesem Vortrag sehen Sie, wie Predictive Applications messbaren Nutzen liefern, ohne unrentable Datensilos zu schaffen. Anhand praktischer Anwendungsszenarien für IoT werden die ROI-Potenziale genau aufgezeigt.
Energy Cybernetics is a South African company established in 1998 that specializes in energy efficiency and resource management solutions. They have completed over 200 energy audits and 220 measurement and verification projects across multiple African and global countries. Energy Cybernetics takes a holistic approach to identifying the best energy efficiency opportunities for clients through improvements to operations as well as equipment upgrades. They implement projects using their in-house project management team and draw on partnerships for delivery. Energy Cybernetics also provides energy management training and works with clients long-term to sustain results through monitoring and reporting. They have a track record of 17 years providing these services in Southern Africa.
This document brings together a set
of latest data points and publicly
available information relevant for
Agile & AI Operations Industry. We
are very excited to share this content
and believe that readers will benefit
from this periodic publication
immensely.
Ericsson is a leading provider of communications technology and services. It analyzed key financial ratios from its income statement, balance sheet, and cash flow statement from 2012-2010. Profit margins, returns, and earnings per share declined from 2011 to 2012 due to lower profits. Liquidity was stable but inventory turnover improved. Debt levels were unchanged while interest coverage declined on lower profits. Valuation ratios indicated the share price was high relative to earnings. The cash flow statement showed interest and tax payments and cash and investment balances.
most of the time, a business software buyer does not get what he wants.Axpert™ is a technology that makes it possible to develop solutions exactly in line with business processes that are largely unique to an organisation. You can build solutions very quickly on Axpert™ . It is also simpler to upkeep.
Datamatics provides intelligent business process management (iBPM) services including finance and accounting solutions. Their i-Spends solution offers procure-to-pay, order-to-cash, record-to-report, and spend analytics services to help companies reduce costs, streamline operations, and optimize resources. Datamatics has experience serving Fortune 500 clients across multiple industries globally.
Corticon enables organizations to automate complex business decision processes using its patented no-coding rules engine. The Corticon team offers opportunities for career growth at a rapidly growing, profitable, and entrepreneurial company that has over 450 customers. Key benefits of joining the Corticon team include being part of automating over 90% of decision processes for customers, opportunities to impact a large market, and working with a proven product, experienced team, and world-class partners.
ERA is a cost management consultancy that identifies ways for clients to reduce expenses and increase profits. They have over 700 consultants worldwide and have completed over 14,000 projects. ERA focuses on reducing non-core operating expenses through analyzing spending categories, recommending new suppliers, and implementing savings over 24 months. Clients realize average savings of 19.7% of expenses. ERA is paid only for verified savings and uses a contingent fee structure with no fees if no savings are achieved.
Wisconsin Healthcare Technology Association - Valicom PresentationValicom
Valicom's presentation from the Wisconsin Healthcare Technology Association, Fall Meeting 2015. Unlock IT Saving - three areas for major improvement within your telecom environment.
synergist.io is used by procurement departments, commercial teams and alternative legal service providers to execute high-volumes of recurring contracts with minimal effort. We provide a centralised and transparent workflow that is optimised for automating the negotiation of contract terms -- the most tedious and unpredictable step in the process.
Users can manage increasing volumes of contracts required to onboard suppliers or close new business, all with minimal involvement from legal. They’re guided step-by-step through the process and are empowered to negotiate where necessary, within safe boundaries and using terms that have been pre-approved by their legal team.
Expense Reduction Analysts is a global consulting firm that specializes in reducing non-core operating expenses for companies. They have a network of over 700 consultants worldwide who have completed over 14,000 cost reduction projects, averaging savings of 20% of expenses. ERA analyzes a company's expense categories like utilities, shipping, and supplies to negotiate lower rates and implement process improvements without disruption to operations or budgets. They present their process, success metrics, and client testimonials to Jim Massengale, the Director at ERA Georgia, as they offer their expense reduction services.
An Italian telecom provider wanted to optimize application development and consolidate its strategic partners. It engaged Capgemini to implement an Oracle-based solution to replace its legacy credit management system and take over application development and maintenance. This streamlined the provider's business processes, improved productivity, reduced errors and customer churn, and increased support capabilities. The provider achieved a 3% annual productivity gain and improvements in debt collection and customer retention.
Ben Wardleworth - Engage - How Collaboration can Win Big!Jayne Corbett
Collaboration through contingent workforce solutions can provide significant business benefits. A case study outlines challenges a large UK-based client faced with inconsistent rates, terms, and visibility across their 20 suppliers for temporary workers. Engage Technology Partners provided a solution to give real-time visibility and control of all temporary workers' details and costs. It established best practices, transparency, and accountability in the hiring and invoicing processes. This preserved relationships with recruitment agencies while creating fair trading. It resulted in reduced operating costs and improved supply for the client at no cost to them.
JLG Case Study - Prescriptive Analytics & CPLEX Decision Optimization and TM1...QueBIT Consulting
The document discusses how JLG Industries used IBM Planning Analytics and CPLEX Decision Optimization integrated with TM1 to automate and optimize their master production scheduling process. This resulted in estimated annual savings of $700K from reducing the scheduling time from 10 days to 3 days per month, and $2.5M from improved forecast accuracy. The solution aligned production plans from their Sales, Inventory, and Operations Plan more quickly and accurately to improve supplier forecasts.
JLG Case Study: Prescriptive Analytics & CPLEX Decision Optimization and TM1 ...QueBIT Consulting
The document discusses how JLG Industries used IBM Planning Analytics and CPLEX Decision Optimization integrated with TM1 to automate and optimize their master production scheduling process. This resulted in estimated annual savings of $700K from reducing the scheduling time from 10 days to 3 days per month, and $2.5M from improved forecast accuracy. The solution aligned production slot allocation across different factors based on optimization rules in 12 minutes, compared to 10 days previously.
The Kreller Group Data Expense Reductionbradfitness1
The Kreller Group assists clients in reducing costs associated with consumer credit information systems. They work on a contingency basis, charging a percentage of savings realized after implementing their recommendations. On average, clients see a 20-40% reduction in credit reporting expenses. The Kreller Group's process involves analyzing current expenditures, presenting savings opportunities, conducting interviews, tracking savings monthly, and invoicing based on the savings achieved. They have helped over 5,000 clients realize over $250 million in total savings.
Using market-based comparisons to drive transformation planning for a private healthcare hospital system. Are your technology costs in line with what best-practice outsourcing providers would charge for similar work? This is a case study showing how a market assessment led to a transformational roadmap - and the chance for a hospital system to save millions of dollars.
Innovation Spotlight: The First Universal Solution for Hirers, Agencies, Wor...TALiNT Partners
Drey Francis, Director, Engage
The powerful new platform that’s changing the way hirers and recruitment agencies work. Engage enables the entire supply chain to work together seamlessly without duplication and inefficient process. Engage removes the need for multiple expensive back office solutions and instead replaces them with cutting edge technology that will streamline the entire recruitment process
Brief PowerPoint explaining the common pains of Telecom Expense Management and a high level overview of how iTEMize can assist in relieving those pains
The Return on Invest in the Internet of Things. Mastering the Digital Transfo...Capgemini
Cisco hat prognostiziert, dass es bis 2020 weltweit über 80 Milliarden vernetzte Geräte geben wird. Solche Geräte werden Unmengen an Daten generieren. Trotz der
sinkenden Technologiekosten, werden die Speicherung und Sicherung von Daten für viele Firmen, die IoT-Systeme betreiben, zunächst ein Investment bedeuten − umso wichtiger, dass der ROI deutlich höher ist. In diesem Vortrag sehen Sie, wie Predictive Applications messbaren Nutzen liefern, ohne unrentable Datensilos zu schaffen. Anhand praktischer Anwendungsszenarien für IoT werden die ROI-Potenziale genau aufgezeigt.
Energy Cybernetics is a South African company established in 1998 that specializes in energy efficiency and resource management solutions. They have completed over 200 energy audits and 220 measurement and verification projects across multiple African and global countries. Energy Cybernetics takes a holistic approach to identifying the best energy efficiency opportunities for clients through improvements to operations as well as equipment upgrades. They implement projects using their in-house project management team and draw on partnerships for delivery. Energy Cybernetics also provides energy management training and works with clients long-term to sustain results through monitoring and reporting. They have a track record of 17 years providing these services in Southern Africa.
This document brings together a set
of latest data points and publicly
available information relevant for
Agile & AI Operations Industry. We
are very excited to share this content
and believe that readers will benefit
from this periodic publication
immensely.
Ericsson is a leading provider of communications technology and services. It analyzed key financial ratios from its income statement, balance sheet, and cash flow statement from 2012-2010. Profit margins, returns, and earnings per share declined from 2011 to 2012 due to lower profits. Liquidity was stable but inventory turnover improved. Debt levels were unchanged while interest coverage declined on lower profits. Valuation ratios indicated the share price was high relative to earnings. The cash flow statement showed interest and tax payments and cash and investment balances.
most of the time, a business software buyer does not get what he wants.Axpert™ is a technology that makes it possible to develop solutions exactly in line with business processes that are largely unique to an organisation. You can build solutions very quickly on Axpert™ . It is also simpler to upkeep.
Datamatics provides intelligent business process management (iBPM) services including finance and accounting solutions. Their i-Spends solution offers procure-to-pay, order-to-cash, record-to-report, and spend analytics services to help companies reduce costs, streamline operations, and optimize resources. Datamatics has experience serving Fortune 500 clients across multiple industries globally.
Corticon enables organizations to automate complex business decision processes using its patented no-coding rules engine. The Corticon team offers opportunities for career growth at a rapidly growing, profitable, and entrepreneurial company that has over 450 customers. Key benefits of joining the Corticon team include being part of automating over 90% of decision processes for customers, opportunities to impact a large market, and working with a proven product, experienced team, and world-class partners.
ERA is a cost management consultancy that identifies ways for clients to reduce expenses and increase profits. They have over 700 consultants worldwide and have completed over 14,000 projects. ERA focuses on reducing non-core operating expenses through analyzing spending categories, recommending new suppliers, and implementing savings over 24 months. Clients realize average savings of 19.7% of expenses. ERA is paid only for verified savings and uses a contingent fee structure with no fees if no savings are achieved.
1. Revenue – Expense = Profit What does Optelcon do?
We are hired guns for rapidly cutting and
optimizing indirect corporate operating
Optelcon helps mid to expenses for Fortune 5000 to Global 50
Companies.
large global enterprises
How successful are we?
reduce their indirect We reduce our client’s costs by an
operating expenses by average of 27% in the first 45-60 Days.
an average of 27% in 60 What does our service cost?
There are no upfront or out of pocket
days. costs. We only charge 33% of the realized
savings. If we do not save your company
money, the service is completely free.
Optelcon saves There is no risk.
companies millions. What do you need to begin?
Let us show you how we A copy of few invoices to establish your
current cost structure and volumes.
can do the same for How much work is required?
you. Minimal. Optelcon works directly with
Service Offered: your vendors to collect billing data and
negotiate terms.
•Contract (Re) Negotiations Specialty Areas:
What if your company has a procurement
•Service Optimization •Telecom / Mobile dept.?
Optelcon works in concert with your
•SAAS Expense Management Software •I.T. (Hardware & Software) procurement team and provides them
market data not available through
•Industry Rate Benchmarking •Shipping/Transportation normal procurement processes.
•Services and Contract Audits •Third Party Outsourced Printing What If you already have a contract?
•Advisory Services Over 50% of Optelcon’s negotiations
•Merchant Credit Card Processing
produce real savings 1-3 years prior to
•Inventory Creation and Management •Energy (Electric, Gas, Green) the end of the term.
•Strategic Sourcing •Sales & Use Tax Call us today to schedule a meeting with
one of our Consultants.
2516 Waukegan Rd, Glenview, IL 60025 -(877)OPTELCON (678-3526) - Fax: 847-574-
7566 www.optelcon.com
2. Optelcon is trusted by companies with even the most sophisticated procurement teams to reduce their costs. Our clients
range from $50 Million -$72 Billion/year in revenues. Regardless of size, we reduce our client’s indirect operating expenses
by an average of 28%. Let us show you what we can do
for your company.
To find out how we can help your company, please contact us at:
(877) OPTELCON or Email: sales@optelcon.com
3. Optelcon gives your procurement team the upper hand.
“When negotiating, information is power…” Sample Case Studies
$6B/ Year, Energy Company
Our client had 6000 cell phones with three different providers. Our client had already
performed an exhaustive and professional 4-month RFP, believing to have the best
deals available. Using our advisory services, Optelcon provided a free final review the
results. Using our extensive market data, and Rapid RFPtm processes, Optelcon
$62B/Year, International Automotive and Telecom immediately identified improvement areas. We quickly began negotiating with each
Conglomerate carrier. Within 30 days, Optelcon successfully improved the client’s best efforts with an
Even though our client is a major telecom carrier, with an annual additional 30% and $1.5M/year savings, with better SLA’s and terms.
telecom spend of over $120M annually in 50 countries and over
300 different vendors, our client needed to reduce their network $40M/Year Global Sunglass Manufacturing Company
access costs. They turned to Optelcon. Within the first 90 days of
our engagement, Optelcon identified and negotiated over Our client selected Optelcon to review their Telecom, Credit Card Processing, Printing,
$2.4M/ year in annualized savings and $1.2M in historical billing and Electronic Bill Presentment & Payment costs. Our client provided Optelcon with a
errors. If Telecommunications carries trust Optelcon to improve copy of an invoice from each category to start the process. After quickly identifying
their bottom line with their own telecom costs, just think what we that our client’s costs were above market, we went to work. By using our subject matter
will do for your enterprise. experts in each field, we were able to quickly:
Multi-Billion Dollar Hospital Network •Re-negotiate an ATT contract, 2.5 years before the term expiration, saving the client
Our client had just finished an expensive and time consuming 6 over $75k/year and 20%.
months RFP with a big three systems integrator for a $2.48M/
•Reduce their credit card merchant fees by approx. $300k/year.
year, multi-location data network. Skeptical that we could do
better, the client agreed to let us review their best-negotiated
•Eliminate all PCI security risks for our client’s stored credit card numbers.
terms. Due to the extensive market data, professional
negotiators and industry insiders, Optelcon was able to •Reduce their third party print cost by over $500,000/year, while improving quality.
negotiate an additional 38% contract cost reduction and over
$3.9M saved, within 45 days of the engagement.
To find out how we can help your company, please contact us at:
(877) OPTELCON or Email: sales@optelcon.com