This document discusses managing telecom costs through the use of a telecom management system. The key benefits outlined are reducing telecom costs by 15-35% through controlling usage, optimizing services, and passing costs to business units. The system provides functionalities like comparing actual costs to reduction plans, auditing accounts, and generating usage reports. It is implemented through servers, software, and user interfaces to deliver information online and via email. Customers who have implemented the system typically see significant cost savings and a fast return on investment.