Case Study: a logistics company saves over $150K with IQ Telecom

Logistics Company saves $150K in telecom expenses with IQ Telecom

The customer, a logistics company with over 130 US locations, faced a significant challenge managing its $5.4 million yearly telecom budget. Its decentralized process for approving and paying hundreds of monthly invoices led to oversights, mistakes, and mounting late fees. The vendor, IQ Telecom, utilized its proprietary IQT360° location-based inventory process to address these issues.

IQ Telecom implemented a solution that involved auditing all invoices to eliminate unused services and consolidate accounts. This effort reduced the invoice count from 332 to 100 and consolidated numerous provider accounts into master ones. The results for the logistics company were substantial, including eliminating $1,200 in monthly late fees, securing $23,000 in refunds, and achieving over $150,000 in first-year savings.

Logistics Company