Contracts – The Rules of the Game

You couldn’t play a professional baseball game without a set of rules or you’d have chaos. Telecom vendor contracts are nothing more than the agreed upon set of rules between you and your telecom vendors, designed to eliminate chaos as well. But contracts are challenging in their own right, filled with vague language, hidden clauses, auto-renewals and other elements that make them problematic.

Your Contract Environment

With so much riding on the information contained in your contracts, their importance can never be overstated. Here are a few questions to ask about your situation with respect to contracts:

• Can you immediately put your hands on all of your telecom contracts?
• Do you know when they expire?
• Can you quickly find all pricing and business terms?
• Are you meeting your obligations with respect to spend commitments?

Taking Command of Contracts

Our contract management tool allows for the building of an inventory with all of your relevant contract information. Each contract is scanned for online viewing, and catalogued with a searchable index. Expirations are logged, and advance notifications are delivered per your requested schedule so you’ll never have to accept the harsh terms of an auto-renewal again.

For Release in Fall 2007

Minimum Annual Revenue Commitments (MARCs) can have significant implications. Knowing where you stand in fulfilling that MARC can be a real challenge, especially when trying to isolate contributory and non-contributory charges. Later this year, we will be adding additional service capability to automate the calculation and reporting of your MARC status, giving you the opportunity to adjust your spending and maximize cost savings.

Next Step: Network & Spend Optimization