Dental & Vision Benefits
About the Client
Locations: 100
Employees: 1,500+
Annual Revenue: $1.5 Billion
Industry:
Dental & Vision Benefits
Engagement Summary:
Over the course of five (5) days, Helm completed an assessment of the client’s network strategy and communications platform including $3.0m of annual spend with the goal of highlighting opportunities for cost reduction and/or design optimization.
Assessment Scope:
- Seven (7) carriers
- 20 invoices
- 25 contracts
Findings:
- Contractual commitments existed for a portion of spend reviewed
- For both high and low bandwidth circuits, the current per Mb costs vs. Helm benchmarks were significantly higher
- Per-minute rate benchmarks across both long-distance and toll-free traffic presented a 10-17% savings opportunity
- $140K of monthly spend was immediately available for sourcing with a $27K-$40K monthly savings target
- Target timing to deliver impact: ~90 days
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