Training for a marathon requires athletes to diligently condition their bodies to run 26.2 miles, which can be incredibly intimidating for some individuals. It begins with increasing your stamina and improving your efficiency by planning runs where your distance gradually increases in intervals, until you can reach your optimal goal: completing the marathon. By focusing on your stamina and efficiency, you are less likely to suffer injuries, burn out from fatigue and fail to complete the race.

Although not physically intimidating, choosing a TEM solution can be a straining and confusing process that requires similar discipline. Since Gartner coined the term telecom expense management (TEM) a few years ago, TEM solutions have gained considerable momentum, along with considerable complexity. This added complexity has led to growing frustrations in the marketplace because the fundamentals of a TEM solution are often being overlooked. Much like stamina and efficiency – the fundamental pillars of running a marathon – centralizing the management of telecom spend and utilizing electronic billing data are the distinguishing factors of a successful TEM solution and recent research supports this statement.

The findings from the 2008 Telecom Expense Management Benchmark Survey, conducted by Edge Research, revealed that successful companies using TEM adhere to the most fundamental aspect: centralization. The survey results were gathered from over 400 organizations, which showed that among those satisfied with their organization’s TEM solution, 88% centrally managed telecom spend. Furthermore, those that have centralized management of telecom spend are more likely to know their true network costs. The end result is that that the majority of companies that centralize spend indicated that they have attained TEM savings of greater than $1,000,000 and overall, are more satisfied with their TEM solution.

It is not guaranteed that all TEM solutions will accurately and efficiently process telecom billing data, that is why companies need to ‘go-the-extra- mile’ to ensure that the fundamentals of their selected TEM solution is continually adhering to best practices in processing that data. The ability to load complex billing data, from multiple sources and formats into the application is the zenith of a TEM solution. If the solution cannot process data, it is like entering a marathon with pair of worn out running shoes, which eventually, will lead to pain. According to the TEM survey, if this core competency is lacking, dissatisfaction is the end result.

There is no doubt that centralized management of telecom spend and receiving data electronically are integral parts in choosing a TEM solution. Having these fundamentals in place sets the stage for realizing the benefits of a total TEM solution that includes provisioning, inventory, invoice processing, and advanced analytics. Just like undergoing the proper training for a marathon, maintaining strong fundamentals regarding your TEM solution significantly increases the likelihood of success. It establishes a firm foundation for further process improvements that will have a direct impact on bottom line performance for your organization and will help you reach your TEM finish line.

Long distance today is getting cheaper and cheaper. You should no longer be paying those expensive monthly fees or outrageous per minute billing rates. The secret to slashing your long distance bill is to use a discount long distance rate, pretty simple right?

Here are some tips to be sure you choose the right provider:

Figure out what fits your needs. Look at the details of each long distance calling plan you are considering. What are the in-state (intrastate) rates and what are the state-to-state (inter-state) rates for each plan. Often you will find in-state rates are more expensive then state-to-state so keep that in mind if you make a lot of in-state calls. It is possible to use a different provider for each type of call if you use a dial-around or calling card.

Be aware of any monthly recurring fees. Some carriers charge a monthly access fee in order to make long distance calls at a discount rate. This is ok if you make a lot of calls however if you are not careful, you could actually lose money if you don’t make any calls at all. For example if you talk an average 20 minutes per month at 2.9 cents per minute and there is a $4.95 monthly fee then in reality this means you have paid an outrageous 27.65 cents per minute. This is highly overlooked so be aware when you are evaluating providers.

Check to see if there are connection fees. Some calling plans have a connection fee in order to connect your long distance call. This is especially true when making an international calls or when using a calling card. Be sure you read the fine print on this one.

Check if there a minimum per minute charge. Be sure there isn’t a minimum charge when connecting your call. For instance, some companies will connect your call and it may only last 3 minutes however they charge a minimum of 5 or 10 minutes. This is especially true when making international calls or using a calling card.

International Calls. This can be tricky if you call more than one country. You may have the cheapest rate calling one country and pay a higher rate to call another. Take the time and be sure you are getting the best rate you can possibly get; this can really save you a ton of money. Calling cards are usually much cheaper than making calls from a standard telephone as long as you use all of the above criteria when selecting a provider.

Check USF Fee. The universal service fund fee is a fee paid to the government and cannot be avoided. The average is about 9% today however most phone companies charge much more than this. It cannot be applied to in-state calls however if you make a lot of state-to-state calls you will be subject to this tax.

If you follow this guide you should rest assured that you have chosen the best possible provider. Be sure to check back with your provider frequently and be sure your rates are still the best. As technology continues to change it will drive competition and make prices cheaper. I would check at least once every six months to ensure you are still getting the best rate you possibly can.

With the proliferation of cell phones many people question whether the traditional home phone is really necessary any more.  Many households maintain a home phone even though they have a cell phone family plan where all members of the household have a cell phone and individual phone number.  For many, keeping a traditional home phone is a sensible option since it is cheaper than paying for cell phone air time for receiving calls, calling toll free numbers or making local calls.  It may also be necessary for emergencies (911 calls) or for alarm systems or other monitoring devices.  However, traditional long distance phone service is likely not necessary or even an economical option.  

In most cases using prepaid long distance is a far cheaper option than using traditional long distance from the phone company.  Prepaid long distance like that offered by Tel3Advantage is very convenient and costs nothing if it is not used.  So consumers only pay for calls they actually make at dirt cheap rates with no taxes or added fees.  Tel3 only charges 1.9 cents per minute for long distance calls made to North American (USA and Canada) destinations.  This means that a consumer can use more than 500 minutes for a mere $10.  Rates are slightly higher for international calls depending on the location called but they are up to 95% cheaper than phone company rates.  It is also easy to open an account and there is nothing to change, it can be used from any phone or with any existing phone service.  An account can be opened in a couple of minutes by visiting the Tel3Advantage website or calling 800 441 0321.