Partnership drives reduction in telecom expenses for Clients
March 2, 2004
CINCINNATI — Cincinnati, Ohio - March 2, 2004 - Managing the expenses associated with leasing, utilities and telecommunications services is a complicated and daunting task for busy executives. Through the partnership of Cadence Network and Spectrum Networks, their clients have enjoyed telecom auditing, management, and procurement services - delivering millions of dollars in savings of man-hours and money for their clients.
For anyone who personally has attempted to understand and proactively manage their long distance, data line and cell phone bills, the complexity is amplified for businesses that must manage multiple lines, multiple personnel and multiple sites. Errors are rampant and rates are not optimized, according to Cadence president and CEO Jeffrey Hart. He explained that the partnership enables Cadence clients, who already enjoy telecommunications auditing, bill payment and data analysis, to now have telecom procurement, support management, and proactive billing management in the telecom arena. In addition, it now allows Spectrum clients to take advantage of automated proactive bill audit and information analysis.
“Our clients can quickly recover costs from issues such as incorrect tariff pricing, discounts, contracted rates, paying for canceled services, and invalid or duplicate invoices,” Hart said. “We provide our clients with a value added service in telecom procurement with standards that are on par with our industry leading energy procurement services, bringing visibility and actionable information to this major expense for businesses.”
Troy McCracken, president and CEO of Spectrum Networks said the partnership with Cadence was a logical extension of the telecommunication management organization. “Combining the telecommunications auditing expertise of Cadence with the telecommunications procurement and management prowess of Spectrum is a combined offering that is unmatched in the marketplace.” McCracken said. “More importantly, this partnership brings together two very powerful resources for companies looking to consolidate and outsource this extremely time-consuming and complex everyday business frustration. It is a significant step forward for businesses seeking peace of mind in knowing that these expenses are managed by the experts in each field.”
One of the country’s foremost telecommunications management companies, Spectrum Networks, Inc., provides a single source of unique value-added services to organizations that seek to eliminate unwarranted complexity and cost from telecom administration. Based in Cincinnati, Spectrum oversees all facets of companies’ multiple carrier relationships, from network design through vendor selection, implementation, management, and optimization. Spectrum’s offerings include expert carrier-independent consulting, proven customer support, and its TruePaySM
About Cadence:
Cadence Network, Inc., is an expense management firm that delivers comprehensive expense management programs for companies with multiple sites. The people and products of Cadence allow successful businesses to monitor and manage the third largest costs of doing business - electric, gas, water, sewer, trash, lease and telecommunications. The programs designed are customized to address the unique business requirements of companies with many sites and many departments managing many vendors across many geographically dispersed locations. Cadence offers accounts payable outsourcing, web based software applications and professional services.
CONTACTS
Cadence Network Contact: Ben Dolan, Cadence Network, Inc. 866-CADENCE (866.223.3623) bdolan@cadencenetwork.com