Vericom Success Testimonials
Over Twenty Five Years of Telecom Experience
Founded in 1993 in Raleigh, NC. by CEO Blake Phillips, The Vericom Group has established a team that has gone on to manage and optimize telecom services and systems for a wide variety of businesses and industries, from health care to retail, from single site entities to multi-national corporations, and everything in between.
Telecom is an essential part of your business. We’re betting The Vericom Group can help you save you money, time and streamline your telecom systems.
Vericom Client Success : Equinox Gyms
Equinox is a luxury gym with multiple locations that needed to reign in out-of-control telecom costs. When the time came to make some money-saving changes, Equinox turned to the experts—Vericom. Scroll down to see what Vericom did for Equinox, and what Vericom can do for you.
Criteria
Original State
Vericom Improvement
Sites
from 77…
…to 110
Telecom Budget
from $4,100,000…
…to $2,900,000
Budget Tracking
From significantly over budget, with no viable explanation…
… to on target, with monthly itemized variance explanations
Monthly Provider Bills
from 210…
…to 4
Monthly Itemized Charges
from >1500 itemized charges requiring GL coding…
…to < 1500 with itemized GL coding.
Inventory Tools
from spreadsheets…
…to Vericom Telecom Management Database.
Contract Compliance Tracking
from no set plan…
…to all contracts tracked and monitored.
Visibility and Control
from minimal…
…to excellent.
State of Technology & Services
from outdated…
…to 2X MPLS bandwidth and upgraded internet to fiber.
Internal Resources
from overworked with unreasonable expectations…
…to empowered with proper knowledge and support.
Productivity & Response Status
from reactive, limited by lack of tools, resources and time….
… to proactive, dramatically improved productivity.
Vericom Client Sampling
Vericom Challenge, Vericom Success
International Retailer Challenge
- 200 location International Retailer with billing and tracking problems
- Dozens of telecom bills requiring follow-up.
- Inaccurate and out-of-date inventory.
- Over 200 monthly bills to pay on time
Success
- $100k in billing refunds.
- Ported inventory to our Telecom Management Portal©, reviewed and processed invoices.
- 2 monthly bills from Vericom, GL coded, with variance-to-budget explanations.
- > $1.5 million first 2-years’ savings.
Hospital Cost Challenge
- A hospital with cost control and billing problems.
Success
- Reduced cost by over $100k/year.
- Twenty years of continued billing, purchasing, contract compliance and order processing support.
Car Dealer Telecom Challenge
- A car dealer unsure about getting best pricing from telecom services.
Success
- $100k a year in savings, $20K in refunds.
- Regained complete control over telecom environment.
- Single source for all things telecom.
- Twenty years of continued support in billing, purchasing, contract compliance and order processing.
Fitness Center Challenge
- A growing national fitness center with over 1000 mobile devices was concerned with inventory, cost and control over their mobile environment.
Success
- Identified all devices, removed 125-unused devices
- $300k reduced annual spending.
- All orders and bills reviewed, placed, processed and paid by Vericom wireless experts.