The act of conducting a review, examination and reconciliation of Telecom, Wireless and Network customer service records, invoicing and contract agreements in order to ensure the accuracy of budgetary forecasting.
Independent review and examination of records and activities to assess the adequacy of system controls, to ensure compliance with established policies and operational procedures, and to recommend necessary changes in controls, policies, or procedures.
Analysis of invoices, lines, rates, tariffs, taxes, plans, usage, call volume, systems, and contracts resulting in cost reduction, proper invoicing and optimization of telecommunication systems often conducted by an independent telecommunications consultant or firm.
The simplest audits consist of comparing current telecommunications billing and usage to the underlying rate structure whether that is dictated by contract, tariff, or price list. Complex audits utilize software applications, direct bargaining with service providers and activity reports that include detail down to an individual employee's usage.
In business, companies with significant telecommunications costs or a telecommunications focus normally either conduct audits internally or hire a consultant. No matter the method, typical audits encompass one or more of the following:
Telecom Expense Management (TEM): An ongoing analysis and adjustment of internal telecommunications procedures and billing designed to maximize savings. See also Wireless Expense Management
Telecom RFP (Request For Proposals): A proposed management plan designed to maximize efficiency, security and reliability in the business' communications. Consultants typically present an RFP for approval by their clients.
Management and Reporting: Ongoing telecommunications cost and activity analytics. Internal auditors and consultants both use software as part of the process: either a generalized database application or specialized applications designed for auditing.
Telecom audits can encompass every communications service that a business expends its budget on. Audits may focus on mobile phones and devices, Internet service or land line telephony, or they may encompass all three.
Current methodsedit
Internal Audit: A business accounting department will generally only conduct a telecom bill review in the months that trigger a red flag due to the sudden spike in the expense of a communications service. This is usually contained to the one telecom service provider who triggered the red flag and the rest of the invoices are left unexamined because they fall within the considered norm of a small monthly cost increase.
Contingency Fee Based Audit:
In exchange for telecom consulting and bill auditing services a business can pay a percentage of all savings realized.
Business Process Outsourcing BPO, telecom consultant companies can provide a contingency fee based independent review and examination of records and activities to assess the compliance of telecom service providers with telecommunication contracts and State and Federal Tariffs.
audit, telecommunication, this, article, multiple, issues, please, help, improve, discuss, these, issues, talk, page, learn, when, remove, these, template, messages, this, article, needs, additional, citations, verification, please, help, improve, this, articl. This article has multiple issues Please help improve it or discuss these issues on the talk page Learn how and when to remove these template messages This article needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources Audit telecommunication news newspapers books scholar JSTOR October 2018 Learn how and when to remove this template message This article may require cleanup to meet Wikipedia s quality standards The specific problem is The article is full of jargon and much of the content is specific to the commercial entity that obviously wrote most of it More marketing than informational Please help improve this article if you can July 2015 Learn how and when to remove this template message Learn how and when to remove this template message In telecommunications an audit is one of The act of conducting a review examination and reconciliation of Telecom Wireless and Network customer service records invoicing and contract agreements in order to ensure the accuracy of budgetary forecasting Independent review and examination of records and activities to assess the adequacy of system controls to ensure compliance with established policies and operational procedures and to recommend necessary changes in controls policies or procedures Analysis of invoices lines rates tariffs taxes plans usage call volume systems and contracts resulting in cost reduction proper invoicing and optimization of telecommunication systems often conducted by an independent telecommunications consultant or firm The simplest audits consist of comparing current telecommunications billing and usage to the underlying rate structure whether that is dictated by contract tariff or price list Complex audits utilize software applications direct bargaining with service providers and activity reports that include detail down to an individual employee s usage Contents 1 Auditing methods and consultants 2 Current methods 3 See also 4 ReferencesAuditing methods and consultants editIn business companies with significant telecommunications costs or a telecommunications focus normally either conduct audits internally or hire a consultant No matter the method typical audits encompass one or more of the following Telecom Expense Management TEM An ongoing analysis and adjustment of internal telecommunications procedures and billing designed to maximize savings See also Wireless Expense Management Telecom RFP Request For Proposals A proposed management plan designed to maximize efficiency security and reliability in the business communications Consultants typically present an RFP for approval by their clients Management and Reporting Ongoing telecommunications cost and activity analytics Internal auditors and consultants both use software as part of the process either a generalized database application or specialized applications designed for auditing Telecom audits can encompass every communications service that a business expends its budget on Audits may focus on mobile phones and devices Internet service or land line telephony or they may encompass all three Current methods editInternal Audit A business accounting department will generally only conduct a telecom bill review in the months that trigger a red flag due to the sudden spike in the expense of a communications service This is usually contained to the one telecom service provider who triggered the red flag and the rest of the invoices are left unexamined because they fall within the considered norm of a small monthly cost increase Contingency Fee Based Audit In exchange for telecom consulting and bill auditing services a business can pay a percentage of all savings realized Business Process Outsourcing BPO telecom consultant companies can provide a contingency fee based independent review and examination of records and activities to assess the compliance of telecom service providers with telecommunication contracts and State and Federal Tariffs See also editNational Information Systems Security GlossaryReferences edit nbsp This article incorporates public domain material from Federal Standard 1037C General Services Administration Archived from the original on 2022 01 22 Retrieved from https en wikipedia org w index php title Audit telecommunication amp oldid 917710359, wikipedia, wiki, book, books, library,
