Reduce your MPLS network costs by 60%

 you have an MPLS network today that uses dedicated T1 access loops, you may have the opportunity to reduce your network cost by 60%.  While this might not be for everyone, read on.

The qualifications are as follows:

  • Most of your offices require more download speed than upload speed
  • Upload speed of 384K is adequate
  • A failed circuit recovery SLA of 18 hours versus the T1 SLA of 4 hours is acceptable

By using DSL local loops connected to the carrier DSLAM, your MPLS cost per location can be as low as $120 per location.  Those locations that require more than 384K of upload speed will continue with T1 access loops.  The savings are substantial and you will still have the Classes of Service and QoS that makes MPLS superior over VPN over Internet.  While you might frown on an 18 hour SLA, think about the cost savings and whether a backup internet VPN can fill the gap. 

For many companies, DSL loops are a practical solution to reduce your network costs while maintaining the quality of service.  Contact our sister company: MPLS-Experts to learn more.  Visit www.mpls-experts.com or call 617-332-7767 x150

Are you overpaying for merchant banking fees

When was the last time your company evaluated your credit card fees from your bank?  You might be surprised on the savings potential that might be hiding in your merchant banking bills.  Having a pro at Better Cost Control take a look might save you money…and without complicated switching costs.

Do you have passwords on all your telephone accounts?

Did you know that your telephone carrier can call someone at your office, offer them a “deal” of some sorts and bind your company to a three year contract?  Verizon does this regularly.  The only way you learn of this is from carefully reading your phone bill the next month.  Most people never learn about this until they want to cancel a few phone lines during a downturn.  They then learn that they need to pay cancellation charges.

Protect yourself!  Simply associate a password on all your telecom accounts to prevent people without the authority from making these kinds of decisions.

Controlling Electricity and Gas Costs

The energy market has never been as volatile as it has been recently.  Your company can control your energy costs  through smart hedging strategies that energy contracts can provide.

To the uninformed, energy procurement seems simple.  Quality is not an issue since electricity and gas are always the same when delivered to your facilities.  The problem: energy pricing is complex.  Therefore, it’s not sufficient to just get quotes from three or four energy sales people and then select the one with the best price.

Clients such as the Boston Red Sox, Simmons College, Leviton Manufacturing. WCVB-TV, Plymouth County and Middlesex County turn to Better Cost Control to reduce their energy risk, control their costs, and protect their interests.   As a licensed energy broker working as a business partner, BCC makes quick decisions on their behalf when the timing is right–saving these companies thousands of dollars and eliminating budget risks.

Because energy is a commodity, timing is everything.  Just like stock prices, energy prices fluctuate—but predicting the price direction is even more difficult because the information needed for decision making is hard to interpret.  The experts in energy markets, therefore, make split second buying decisions.  Suppliers then need to add margin to the pricing they quote to cover their bets for future fluctuations measured in fifteen minute increments– rather than hours–since most companies are not prepared to sign the contract quickly.  Even then, their quotes are only good for that day.  For this reason, companies that work with a licensed energy broker—who can make quick decisions for them—pay significantly less for their energy than those that deal directly with energy providers.

Add to this complexity the rules, regulations and a variety of different fees that are specific to each state. There are even some fees that are specific to only certain regions of a state.  Then there is the question of whether your company is even on the correct utility rate. This is based on your historic energy consumption, but you cannot assume you’re your rate is the correct one.

Finally, consider the complexity of arcane contracts that affect how everyone sets their prices.  The price from supplier A may be lower than supplier B, but the contract terms might make supplier B the better deal.  Many companies don’t understand what they are committing to in their contracts. Terms like RMR, ICAP-Tag, Congestion, Capacity, Clearance Price, Capacity Reserve, basis, and LFR don’t have much meaning to most people, but when it come to energy contracts, they matter.

As a licensed energy broker, Better Cost Control can negotiate the best prices for electricity and natural gas. Using our regulatory knowledge and experience, you can be confident of securing the best energy options, regardless of your annual energy budget.

To get energy pricing, contact us  at http://bettercostcontrol.com/get-a-price-quote/

Are your entitled to credits from FedEx, UPS and DHL?

Did you know that when a FedEx morning delivery letter misses the 10:30 guaranteed delivery time, that you are entitled to a 100% credit for that shipment?

All the major package delivery companies have a variety of service guarantees.  To claim credits on these guarantees, you need to review the invoices to see the delivery date and time, compare that to the guarantee and then file for credits all within ten days.  Do you have the time and energy to do this?  I’ll bet the answer is no!

 Our industry benchmarks demonstrate that 3% to 5% of deliveries are not performed to the guaranteed service level.  So if your company spends $150,000 on FedEx or UPS shipments, there might be $4500 to $7500 in credits that you are missing out on.  If you spend $500,000/year, then the numbers rise to $15,000 to $25,000 in possible credits.

You say, ” I don’t have time to worry about that!”

I say: there are automated ways of doing this that take absolutely no time.  You just get a check in the mail every month.  It’s like free money!   Read about how one client  http://bettercostcontrol.com/cs_riso_inc.html did it.

The mantra of cost reduction is to leave no stone unturned.  Saving small amounts in many areas adds up to serious money.