Case Study: a leading global banking and commerce solutions provider achieves $3.6 million in annual telecom savings with Tangoe

Tangoe Identifies $3.6 Million in Savings for Leading Global Provider of Banking and Commerce Solutions

Tangoe assisted a leading global provider of banking and commerce solutions that was struggling with a manual telecom invoice process. This outdated approach led to late payments, duplicate payments, and missed savings opportunities, compounded by a severe lack of visibility into their service inventory and consumption. The company sought an expert resource to mitigate risk and gain control over its complex telecommunications environment.

The solution implemented by Tangoe involved switching to an electronic data interchange for invoices and automating the management and auditing processes. This provided the customer with detailed inventory visibility and eliminated manual workflows. As a result of this engagement, Tangoe identified $3.6 million in annual savings for the customer and also secured a $286,000 refund credit.