ProfitLine Launches Sourcing Leverage Meter™ with Contract Administration Offering

Solution Offers Enterprises Groundbreaking Visibility after Contract Signature – with Ongoing Tracking of the Optimal Timing for Re-Negotiation

SAN DIEGO--(BUSINESS WIRE)--ProfitLine, the leading provider of outsourced telecom expense management (TEM) solutions, today announced the launch of their Sourcing Leverage Meter^™ as part of their Contract Administration offering. The new solution offers an unprecedented view into telecom contract performance, including continually updated dashboards showing status of major milestones and commitment levels, position of pricing against current market rates, tracking of negotiation leverage on an ongoing basis and more.

“With the number of contracts we have, and the amount of changes which have taken place in the telecom landscape, we have been eagerly awaiting an offering like this”

“There are huge savings which can be obtained when an enterprise negotiates a world-class telecom contract, but unfortunately many companies do not have the tools to properly monitor their contracts and are usually starting the re-negotiation process way too late,” said ProfitLine Founder and Chief Strategy Officer, Rick Valencia. “We felt it was imperative to develop an offering to help our clients take advantage of the ample opportunities which exist throughout the life of a contract to re-negotiate with carriers,” says Valencia.

In addition to contract dashboards and the leverage meter, ProfitLine’s Contract Administration service offering includes a strategic review session to ensure clients stay abreast of the latest industry trends & carrier consolidation impacts, as well as a Sourcing Strategy Development session, which includes all of the components needed to put an organization into the best possible position before initiating a contract negotiation.

“With the number of contracts we have, and the amount of changes which have taken place in the telecom landscape, we have been eagerly awaiting an offering like this,” said a ProfitLine Contract Administration client. “The dashboard reports are amazing and the leverage timeline report has already shown us the most beneficial time to begin re-negotiation efforts on all five of our major contracts,” says the client.

“In contract negotiations leverage is king,” said Valencia. “With this offering, we have accounted for all of the critical factors which contribute to negotiation leverage, and our ongoing monitoring of all contracts will help our clients develop a negotiation strategy timed to produce dramatic results.”

About ProfitLine

ProfitLine is the leading provider of outsourced telecom expense management solutions for large enterprises and government agencies. The company’s source-to-pay solutions manage the entire telecom lifecycle for both wireline and wireless. ProfitLine’s seasoned telecom experts combine deep domain expertise and Six Sigma principles with intelligent technology to deliver clients substantial savings, operational efficiencies and enhanced visibility to mission critical telecom assets. Our technology enabled Business Process Outsourcing (BPO) solutions allow clients to offload a non-core competency and gain robust business intelligence so they can better navigate today’s complex telecom landscape. Based in San Diego, ProfitLine was founded in 1992 is a GSA Schedule 70 contract holder, whose internal processes are audited based on SAS 70 standards on an annual basis by an outside auditor. For more information, please contact Lisa Maerowitz at 858-202-1203.

NOTE: ProfitLine is a registered trademark of ProfitLine, Inc. Telecom Lifecycle Management, TLM 360, TLM Sourcing, TLM Invoice and TLM Mobility are trademarks of ProfitLine. All other trademarks or registered trademarks belong to their respective owners.