Etelesolv's Innovative Automation Saves a Single Bank Hundreds of Thousands in Telecom Expenses

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Etelesolv's Innovative Automation Saves a Single Bank Hundreds of Thousands in Telecom Expenses

Etelesolv Highlights This Achievement in Expense Management in a New Case Study Series 

MONTREAL, QC / ACCESSWIRE / August 7, 2014 / Etelesolv (, Canada's leader in IT and telecom expense management (TEM), is proud to announce a three-part case study series that details one of the company's major client success stories. Recently, Etelesolv helped manage a multinational bank's telecom expenses by developing creative software solutions that enabled the bank to save hundreds of thousands in costs every year. The case study series highlights the key innovations in process automation conceived and implemented by Etelesolv, and is a revealing look into the engineering acumen of the company. The series also demonstrates the concrete value inherent to employing Canada's premier TEM provider. The three installments of the case study series are now available.

Nitin Khatri, Etelesolv's Vice-President of Marketing and Sales, stated, "The largest organizations in the world have already found ways to harness the power of automation to improve numerous business processes, saving millions in expenses from their overall bottom line in the process. Thanks to the fact that automation forms a fundamental part of Etelesolv's core competencies, we were able to create automated processes which helped a major customer continually trim hundreds of thousands in costs from two traditionally separate silos within an organization – telecom and IT. There's a growing convergence in the expense management of these two areas that maximizes cost savings. This case study series takes a high-level look at this and other insights that led to our success in improving the bank's cost efficiency."

The case studies detail the solutions devised by Etelesolv to overcome three major, costly challenges faced by the bank:

- To resolve the logistical quagmire of managing assets and costs associated to the bank's tens of thousands of employees, Etelesolv provided an asset repository software that automated the tracking of assets and telecom services.
- To manage the rapidly-increasing number of devices with the same small pool of IT personnel, a self-provision feature of the software gave employees a clear picture of their usage costs. Effectively reducing the workload of IT managers, encouraging more responsible usage among employees, and becoming a vital part in optimizing the bank's telecom resource deployment.
- To help cut costs associated with billing discrepancies and underused services, a formal attestation program allowed employees to right-size unused or unnecessary services. Substantial savings were realized as a result.

Visit Etelesolv's website to download the first installment of the Bank Case Study, subsequent documents will be emailed to the subscriber automatically.

Etelesolv's ingenuity in automating TEM continues to a key driver in increasing business margins across Canada. This series of case studies demonstrates the value and the forward-looking vision of Etelesolv's advanced products, and should not be missed by anyone who is responsible for IT and telecom assets and budget optimization initiatives.

About Etelesolv

With its global coverage, Etelesolv is leading the Canadian revolution of telecom and IT management by helping companies Take Back Control of their Telecom expenses and IT assets. Telemanager and Cimpl, the two signature software platforms created by Etelesolv, bring together actionable real-time data and everyday processes to ensure that companies know what they have and what it costs at any given time. Etelesolv's business leadership and employee engagement have earned serious acclaim. The company was recently named a PROFIT 500 company for its revenue growth. Etelesolv was also ranked as one of 2014's Best Small and Medium Employers (BSME) in Canada. For more information, visit

About Cimpl

Cimpl is a software platform that brings together actionable real-time IT and Telecom data. It goes beyond telecom expense management, Cimpl is the most accurate and concise way to get information on every single technology asset across a company. With one convenient and simple dashboard, all the information is centralized and accessible through a fully customizable reporting portal. Cimpl is an all-in-one software where you can connect information, clarify data and control all of your IT and Telecom assets. For more information on Cimpl by Etelesolv, visit


SOURCE: Etelesolv