Gain Visibility into Current Market Rates and Contract Terms

Veramark maintains a proprietary telecom rate database housing the rate elements correlated with contract terms and conditions for telecom services. We leverage this data to gain visibility into the current market conditions for the communications network services of our clients. Such visibility strengthens your position during the telecom contract negotiation process and secures the most competitive rates available relative to market.

Data

The Veramark telecom rate database houses data comprising local, long distance, and wireless telecom services; the telecom pricing for this data is driven by contracts for all of the major telecom providers. Our telecom sourcing professionals leverage this data during the negotiation process to inform all stakeholders of expectations. The insights garnered from this powerful telecom market intelligence often make the greatest difference in terms of driving down telecom rates to their most competitive levels and driving up your organization's telecom return on investment.

Process

Veramark's telecom benchmarking service provides enterprises with an objective view of the current market for telecom services, quantifies renegotiation potential, and provides recommendations on telecom negotiation strategy.
 

Through our 4-step process, we transform this vital business intelligence collateral into actionable telecom rate benchmarking information that is customized for your telecom organization. Our benchmarking experts will:

• Create a situation book: compile a comprehensive inventory of all of your organization's telecom services from internal client data, provider-supplied data extracts, and other sources
• Evaluate the situation: review the client's current service requirements and explore ways to drive short-term operational efficiencies and reduce telecom network costs while maintaining long-term network health
• Conduct analytics: identify the target set of telecom services through individual service rate benchmarks, savings projection calculators, and a full review of terms and conditions
• Recommendations Readout: present a detailed review of the recommended telecom negotiation strategy, rate benchmarking study, and terms and conditions to ensure a successful negotiation outcome

To learn more about Veramark's professional TEM services, please call us at 585.381-6000 or email us at info@veramark.com.