blog 4 mins read September 26, 2023

Automated, Secure, Timely SLA Reporting Is Finally a Reality

MEF in partnership with SIB’s telecom and blockchain division, is piloting a revolutionary blockchain-based subscription service for automating the SLA reporting process. This pilot is derived from the MEF Wolf Town Accelerator that uses a member-defined open pre-standard smart contract in the roles of buyer and seller respectively.

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blog 4 mins read August 15, 2023

Public Blockchain For Telecom Has Arrived: What It Means for You

You’ve no doubt heard the hype about blockchain. But unless you’re in the one percent of the world’s largest telecommunications carriers big enough to stand up and maintain private blockchain solutions between yourself and your largest trading partners and customers, the reality of distributed ledger technology has always seemed a long way off.

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blog 5 mins read August 10, 2023

When’s the Best Time to Fix a Telecom Ordering Error? Before It Ever Gets Billed.

Unfortunately, that’s not the way ordering has ever worked in telecom. As a result, a staggering 70%+ of telecom invoices contain errors!

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blog 3 mins read April 2, 2023

Get A Grip On Telecom Costs

Organizations today have major inefficiencies in their telecom networks. Understanding what is on the network and how it should be charged is very complex, and as a result, organizations are paying millions of dollars more than they need to on their bills. There has been an awakening to this fact due to the desire to transform and modernize networks.

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blog 4 mins read April 1, 2023

Bank Smarter: How CFOs Can Protect Assets, Reduce Banking Fees, And Enhance Yield

Are you losing sleep at night over the safety of your business bank? The recent collapse of Silicon Valley Bank (SVB) has left countless CFOs and treasury service managers reevaluating their risk exposure. But there’s a silver lining to be found if you view SVB’s story as a cautionary tale. From the ashes of SVB’s demise emerge critical lessons for safeguarding your organization’s financial future.

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blog 3 mins read April 1, 2023

Telecom Expense Management: Using Strategic Audit As A Profit Center

As inflation reaches new heights, the organizational imperative to reduce costs is growing. With an eye toward the future, forward-thinking executives will go beyond cost-cutting initiatives to rethink spend. One area ripe for such a strategic approach is telecom.

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blog 3 mins read March 2, 2023

3 Reasons Why Shipping Spend Poses Special Challenges For CFOs

Rising interest rates and concerns about a possible recession are putting new pressures on CFOs to reduce fixed costs and better manage spend with their operating vendors. With 52% of CEOs and CFOs predicting inflation will stay at the same level or higher in 2023, it’s no wonder that nearly six in 10 CFOs polled by Grant Thornton cite cost optimization as their most urgent concern.

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blog 4 mins read March 1, 2023

Jumpstart Cost Optimization Priorities Now: 4 Steps To Offset Inflation

Inflation continues to affect the economy, and warning signs of a possible recession persist. No matter what financial storms 2023 brings, one thing is certain: Forward-thinking CFOs will examine every area of spend to find cost reduction opportunities. In a Grant Thornton survey, 58% of CFOs say cost optimization is their biggest concern this year. Learn how to mitigate inflation and recession risk with four cost optimization priorities.

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blog 3 mins read February 2, 2023

Take The Waste Out Of Waste Management: 6 Keys To Optimize Waste Removal Spend

With inflation reaching its highest point in more than 40 years, CFOs are taking a closer look at ways to contain fixed-cost spend categories. When it comes to waste and recycling costs, it’s not as simple as asking your vendors for fair market pricing.

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blog 5 mins read July 5, 2022

4 Ways Your Business Can Fight Inflation

Inflation has been a hot topic in 2022 as the Consumer Price Index continues to rise, soaring to levels not seen since the 1980s. Inflation hit 8.6% in May, up a full 1% from April.

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blog 6 mins read March 31, 2022

Negotiating Carrier Contracts for Shipping: What You Need to Know

Every year brings new developments and challenges to the shipping industry – negotiating carrier contracts offers an avenue for increasing your overall savings.

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blog 3 mins read February 18, 2022

Getting the Best Propane Prices

Is your business paying too much for gas? Getting the best propane prices can be a challenge for organizations, particularly when pricing is in flux and contracts underlie real-world pricing.

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