KBA Lease Audit Saves Publishing Firm $ 57,000 by Auditing Their Commercial Real Estate Leases

Publishing Company Saves $57,000 per Year by Negotiating Lower Telecom Rates

Client
A publishing company with several offices in Canada.

Audit Discovery
Our client had negotiated an agreement with a major telecommunications company for the bulk of their services. Due to their large volume, the supplier assured them that they were receiving a very competitive rate. They also used three other companies for their telecom needs as each of their offices had its own particular choice of carrier.

After a thorough analysis of the client’s supply contracts and billing data, our team identified that many of the services were not being billed at the contracted rates. Moreover, the contracted rates were not competitive given the client’s substantial volume.

Resolution
Based on these findings, our team secured a credit from the existing supplier for the overcharges and recommended that significant savings could be gained by combining all of the client’s telecom traffic with a single supplier. The client implemented these recommendations and now has the benefit of centralized billing reports from the selected supplier as well as the negotiated lower rates. This is generating in excess of $57,000 per year in savings for the client.

For more information please visit www.kbalease.com