A Bain & Company survey of 100 CFOs, found that 41% would like to spend more time on strategic business initiatives. Their biggest challenge to achieving this is aligning cost savings with strategy – often, the two are in direct conflict. One area that CFOs can achieve both savings and strategy is reviewing their organization’s telecom spend and network. It is important that financial institutions evaluate processes and policies against industry best practices to ensure that reasonable controls exist over services, asset inventory, operations, and expenses.

Telecom is one of the most controllable costs for a firm. But the complexity of carrier services and contracts can introduce errors that can be hard to identify. Wireless services are adding even more complexity as service plans, and data requirements continue to evolve, and the mobile workforce grows.

Download our solution overview to learn what differentiates a Dev-Byrne Telecom Audit, and how can we help your financial institution reduce cost.