Telecommunications Companies Overcharge Organizations more than $2,000,000,000
EVERY SINGLE YEAR
A recent study by a United States Senate Committee uncovered errors in excess of $2 billion annually on landline telephone bills in the United States! The only way to see if you are part of this statistic is to have the Telecommunication Billing Audit Specialists at AccuAudit and Recovery perform a telecom audit for your organization.
Due to complex utility rate structures, oftentimes billing errors will occur on an invoice and remain unnoticed because most errors are less than 10% of the average charge.
However, these errors can remain on the bill for years and become incorporated into your monthly utility budget. Errors in tariff and tax classifications, meter readings, charges for non-existing services, complex billing codes will accrue month after month if they are not fixed on the user’s end. The coding and language used by the providers is industry-specific, making it virtually impossible for an accounts payable department to effectively review the invoices.
Frequently Asked Questions
How do I know if I am being overcharged or have errors?
Add an Over 80% of the invoice audits performed by Accuaudit & Recovery Partners have contained at least some overcharges and errors. The only way to know if you are being overcharged or if your bills contain errors is to perform an audit by a utility specialist or the overcharges will continue to accrue. here.
Can my accounts payable department perform the audit?
Utility and telecom charges are coded into several different languages specific to the Industry; therefore, it is virtually impossible to review the bills for accuracy unless the auditor is trained in the field. Only trained utility specialists who understand how to decode and translate the utility billing language will be able to effectively audit the bills for accuracy and communicate with the utility provider to correct the errors.
Who is eligible and what are the obligations?
Any commercial business, non-profit, municipality, or facility that has been billed a utility expense for at least 1 year. At the end of the audit we will present a findings report. The client has final say over what reductions and refunds they would like to move forward with.