CASE STUDIES

Industry: Energy

Bluewave Services: Expense Management

Company Profile

One of the largest independent liquid petroleum products pipeline operators in the United States providing refiners, wholesalers, marketers, airlines, railroads, and other commercial users with refined petroleum products. Their telecom spend is over $7M annually with more than 740 locations.

Annual Telecom Spend

Locations

CHALLENGE:

Client was under contract with an incumbent Telecom Expense Management (TEM) provider and was dissatisfied. Services were unaccounted for, cost coding was inaccurate, invoices were unpaid, and there were wireless issues that were taxing their customer service team.

RESULTS

Within the first year, Bluewave:

  • Audited services and uncovered more than 25% missing inventory and 40% inaccurate cost coding

  • Corrected inaccurate cost coding

  • Set up a workable and efficient wireless helpdesk

  • Identified more than $40,000 in disputed expenses within the first four months of the TEM process

  • Continued savings realized through the years at an average of 15%

  • Identified every location and produced a consistent and accurate list of every entity that had phone service

  • Through a missing bills procedure, uncovered 20% of unpaid invoices

  • Consolidated their wireless accounts

  • Brought all invoices up to date and eliminated all late payment charges

Other Case Studies

Case Study – Hospitality

Case Study – Hospitality

Award-winning hotel management firm based in St. Louis, Missouri, Midas Hospitality offers full-service hotel management for 16 brands and over 40 properties across the country.

Case Study – Retail

Case Study – Retail

We were approached by a multi-location John Deere Dealership that offers both new and used equipment for farming or ranching operational needs.

CONTACT US

1719 Route 10 East, Suite 222
Parsippany, NJ 07054

 

 

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