Case Study

Global Leader in Enterprise Payment Systems

We take a deep dive into how PBC analyzed a Global Leader in Enterprise Payment Systems and streamlined their operations, ensuring a successful risk and opportunity strategy. 

CHALLENGE

 
  • Client’s customer base was international.
  • Client’s toll free and LD services were key to their business.
  • Keeping their system running smoothly was imperative.
  • Client had good rates for long distance/toll free but were spending too much time on toll free reporting and calculating.
  • IT Director said they were quite confident they had the best rates available.
  • CFO felt there was a need to find a time saving solution and was looking for cost reduction.
  • Current annual LD spend = $301,640k.
  • SOLUTION/RESULTS

  • PBC negotiated 36% reduction in Long Distance and Toll-Free MRC.
  • PBC implemented monthly diagnostics which increased productivity by significantly reducing IT hours spent analyzing charges.
  • Negotiated calls below 6 seconds free and 6 second incremental billing.
  • PBC facilitated Customer Service upgrade from 1 representative to a full team.
  • PBC’s toll free reporting enabled IT Team to free up time to focus on other needed projects.
  • Transition to new provider was smooth, client happy with new provider.
  • LD spend reduced by over $110k annually.
  • 40% reduction overall telecom MRC = over $369k in savings per annum.