Telecom Audit

Your employees might take advantage if you let them. Protect yourself.

While trying to grow your business, you sometimes have to deal with dishonest employees. Employee frauds and thefts are quite common in today's workforce resulting devastating losses for businesses. Many businesses, particularly the smaller ones, do not fully enforce controls in place to monitor employee behaviors. 

Every year in the U.S, employee theft costs billions of dollars. According to a report from the National Retail Federation, about 30% of employees steel from their employers and nearly 60% have the intent to steal if opportunity knocks the door. Such employee crimes have also resulted about a third of all business failures each year as per the U.S. Department of Commerce reports.

So, here are some accessible practices you can consider to prevent the employee theft from happening and help protect your business from disastrous consequences:

Create a Code of Conduct

It is crucial to establish a code of conduct where no employment frauds or scams is tolerated at any cost. It is also an effective deterrent to candidly address internal fraud issues and let your employees know that accounts checks and other employee monitoring are routinely executed. The business ethics policies should encourage employees informing any malicious act to management. 

Employ an Efficient Solution for Audits

The loss of company's confidential data and other finances is often linked to employee theft. So, monitoring your business data and finances should always be a priority. It is proven to be effective to enforce an accounting software system so that you can assign the levels of authority and track unusual activities through access done by employees. Many preventing employee theft businesses often outsource their IT and accounting systems to a third party managed services provider to help them provide more secure solutions. 

Vet your Employees Thoroughly Before Hiring

Before hiring an employee, it is essential to take time and run a thorough background checks including candidate's education, financial as well as employment histories. Although the candidate is referred, always do vet the references and make sure the candidate does not have a history related to any kind of malicious and criminal activities. Candidate's financial stability should also be examined to check how fiscally responsible he/she is because research shows that many employee theft is often linked to ease financial hardships. 

Accessing the above outlined tips can be a great foundation to build a well-streamlined business process that may help mitigate employee theft faced by various businesses.

 

Exploring The Changing "Face" Of Telecommunications

The telecommunications industry is always evolving. If you are looking to purchase telecom equipment, it helps to have a guide who knows the telecom industry.

In the not so distant past, business telephony was relatively simple. There were not a lot of choices and very few options. While a company could choose from a variety of different telephone equipment providers, telephone service options were very limited. Most companies did not have a choice of local service providers and a handful of choices for long distance providers. Things are no longer that simple. In today's high tech world, there are not only more options available to the consumer, but there are far more choices to make. Telephony has gone beyond the handset and the telephone line. There are cellular options as well as VoIP and integrated computer telecomm options.

Keeping up with the rapid growing of technology:

In the good old days, the business owner could handle choosing and managing a company's telephone needs. Today, that task is literally a full-time job. Today, companies need an IT department to help manage telecommunications. Not only to maintain the telephony of the business, but to keep on top of the rapidly growing technology that becomes available on a regular basis. Many companies are not big enough to employ full-time IT staff. These companies often utilize a telephone consultant. By using such companies, a business is able to outsource information technology.

The importance of telephone consultant

A telephone consultant can be a company's most valuable asset. A consultant gives you access to an expert in telecommunications. In addition to being on top of the latest trends in telecomm, a good consultant has knowledge engineering, communication sales, and management. These individuals provide a company with a broad knowledge of carrier services and equipment. Using a consultant allows companies to see the big picture as well as the little details. Knowing the ins and outs of carriers, vendors, and manufacturers is an invaluable trait that any business can benefit from.

Consultants often times will work free of charge for a company. These individuals make money on commissions that they receive by telecomm providers. In these instances, a business receives the benefits of an IT department for no out of pocket expense. While many find this relationship ideal, others feel hiring consultants on commission is a mistake. The risk in doing this is that such consultants may make decisions based on what is best for their bottom line as opposed to what is best for the client.

Whether a company chooses a consultant, or hires an IT professional, a business owner can no longer navigate the complex world of telephony without help. As technology continues to evolve, the need for consultants Free Web Content, IT professionals and telecommunication experts will grow in leaps and bounds.

Most people haven't heard of a telecom "agent/consultant".  Buckeye Telecom is both.  Look around our site, and if you have questions, call us at 614-224-2003.