Billing Errors
Based on a monthly expense of $500,000 for telecommunications service, if a 6% billing error exists (representing $30,000/month), annually the overpayment to the vendor would be $360,000.
On one recent project, UTR uncovered overpayments totaling $68,000 per month resulting from a network change that happened over 18 months ago; representing more than $1.2 million in overcharges.
