NetGain Communications
Telecom expense management and network optimization consulting for T1, PRI, MPLS, conferencing, VoIP,
local & long distance, mobile services.
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RESTON, VA, August 31, 2009 – iTEMize Technologies, a leading provider of easy to use and affordable Telecom Expense Management (TEM) solutions, announced today that its iTEMize 3.0 software provides current data for comparing telecom costs against the industry market rates. Armed with this information, a company can gain further insight into its telecom spend and enhance its negotiating position with all service providers to trim telecom costs.
As a “best practice”, benchmarking can be performed from the carrier data that is extracted, aggregated, normalized, and presented by iTEMize and then applied against market data. This gives a company a better indication of what its telecom costs should be and how much could be saved by negotiating better deals.
“Many companies do not know if their telecom costs are too high, which may remove the incentive to check for better deals,” said Peter Callowhill, CEO of NetGain Communications. “This puts them at a severe disadvantage when negotiating with carriers.”
Mr. Callowhill said benchmarking represents another tool that companies can use to produce and go beyond the initial cost savings uncovered by iTEMize. He noted the experience of one recent customer where potential savings of 11% on a total wireline spend of $650,000 per month were identified, equating to first-year savings of $858,000.
For businesses that already use iTEMize, Callowhill said benchmarking demonstrates the ongoing value of the application. “It not only leverages the investment they already have in iTEMize, it improves the ROI on their technology assets,” he said.
About NetGain Communications
NetGain provides the mid market and large enterprises with carrier services and telecom inventory and expense control solutions, including iTEMize, which drives direct cost savings, improved management, and real-time visibility of an organization's entire wired and wireless service portfolio. For additional information, please visit www.netgaincom.com.
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