Financial Justifications and Return on Investment

Tony Bodetti, COO of TnT Expense Management authored this article titled “Financial Justifications and Return on Investment” which was published in the WSTA Ticker Magazine 2009, Q2 Issue.

With the latest downturn organizations must cut spending. Telecommunications is a top line item expense for most organizations. On average, communications accounts for 3% to 4% of an enterprises’ annual expenditure. These expenses have a real impact on earnings and profitability. Organizations spend between 2% to 5% of their telecom budget attempting to manage these expenses with a patchwork of manual processes that often fail to deliver the desired savings. Many enterprises are now turning to sophisticated programs for telecom expense management (TEM) that produce dramatic savings...

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