Is your company struggling with the accurate cost allocation of mobile costs?
If you are, you’re not alone! One of our clients used to spend three days mapping accounting cost center codes to a spreadsheet containing each mobile device’s carrier charges. Once this painful process was completed, an input file was finalized and rechecked to submit for the monthly accounts payable processing. For years, this was how the task had been accomplished and as the use of mobile devices expanded, the time investment grew.
Once Mobilsense was engaged, the monthly AP allocation process in the first month of operation was reduced from three days to 30 minutes! The dramatic improvement in the accuracy of reporting each billing device’s owner and organization has not only streamlined the monthly financial process but has facilitated more reliable management reporting capabilities on monthly usage and cost by department. Armed with a Zero Use report from MobilSentryTM, this company accumulated over $100,000 in savings from the timely termination of unused devices. Proactive plan and feature optimization, while maintaining precise pool-level inventories, along with the advantages of automation have resulted in over $1M of savings for this client in just 21 months.
As you can see, automated cost allocation can dramatically increase accuracy, velocity and reduce preparation time to zero.
CTIA’s 2019 Annual Survey highlights an astonishing 82% increase in mobile data usage in 2018, which represents a 73X increase since 2010! While this is excellent news for wireless carriers and content providers, it is a warning shot to company executives tasked with managing mobility expenses.
In other research, it has been reported that as much as 70 percent of business mobile data usage stems from social media, audio, and video streaming, which means that entertainment use on business-liable devices is exploding, and that has a direct impact on the bottom line. Does your company have a strategy to meet this challenge?
Contact MobilSense today to learn how our innovative software not only identifies unproductive and wasteful data use but provides companies the proactive controls they need to enforce company expectations around mobile policy and control data usage costs. Click here to learn more.
Did you spend more in 2017 on mobility expenses than 2016? Do you know how much of that increase is due to employee data usage? If not, it’s important you know. On average, business-liable GB usage per device grew from 1.7 GB in 2016 to 2.4 GB in 2017 and this is only the beginning. Industry experts project that average monthly data usage will exceed 3 GBs in 2018.
Data growth today directly translates into an increase in cost. For every incremental GB used in 2018 your company, depending upon your carrier discount, will pay between $4.00 and $4.50. If the analyst projections are correct, your company is on track to pay a data increase charge of $50 or more next year for each mobile device which leaves you with two options: make room in the budget to absorb a 5-8% growth on wireless spending, or proactively assess the problem and implement policies and controls to limit data growth in 2018.
Because our passion is rooted in saving companies’ money, MobilSense prides itself in helping clients avoid paying a penny over what they should on their wireless invoices. And because our analysis is automated, we can offer your company a free Mobile Data Usage Assessment to start the New Year right.
Avoid the impending data increases by gaining a deep understanding of your employee’s data habits and set a company goal to eliminate wasteful data usage. Click here to get started.