How Telmac’s Consultants Helped a Leading Life Sciences Firm Save $4 Million in One Year
A leading life sciences firm with multiple telecom expense management (TEM) providers was spending $22 million annually on wireless, voice, and data services spread among over 50 vendors and over 300 vendor accounts. The company contracted with Telmac to address the aggressive pricing from their main carriers and to help produce the results they originally expected from their existing telecom providers.
Through our holistic approach to lowering all mobility costs, Telmac’s consultants led a vendor-neutral program to aggregate data from a variety of sources, vendors and the marketplace, leveraging intelligence data to deliver meaningful sets of financial recommendations, execute the changes and eliminate unnecessary risk. We aligned cost reduction services and improved efficiency across current technology and software tools, saving the client $4 million in telecom expenses in the first year.