Free resources for working in current Corona world
Free resources for working in current Corona world
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Mr Overheads

Original Poster:

2,632 posts

206 months

Thursday 19th March 2020
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We specialise in cost reduction for companies, so obviously we've got enquiries coming out our ears and diary's getting full of teleconferences (no point scheduling face to face meetings).

But I thought I would quickly share some quick wins you can implement yourselves, some are easy and take no effort, some you'll need to do some analysis work first but could still save cash now.

1) Stop using PowWowNow, Conference Genie or BT Conferencing and start using one of the 2 below - these aren't affiliate links and I have no association with these companies:
These 2 providers below are offering their services free for now:
https://www.8x8.com/uk/products/video-conferencing
https://whypay.net/compare-plans/

2) Call your mobile provider and see if you have any hardware fund available - it can usually be paid out as cash OR get it paid out with a load of new phones but keep them sealed, and sell to staff by salary sacrifice and save the Employers NI too.

3) Audit your landlines, DDI's etc do you need them all - how many are old and redundant e..g fax lines - cancel them now or move the numbers to the cloud for cheaper

4) Same for mobiles - nearly all fleets I ever audit have plenty of nil usage sims - cancel them, or if in contract issue them to staff working from home and reduce expense claims for personal mobiles.

5) ISDN's - You will have too many channels guaranteed. If you're an Excel whizz calculate how many concurrent calls you had at any point in teh year. Double it for inbound traffic and that's how many you need.

6) Energy, lock in at historically low rates now so you can budget better once we're out the otherside. I would advise looking at any renewal up to 1 year ahead depending on the size of the supply. This won't save you cash now though unless you're out of contract.

7) Merchant Card Terminal providers are offering free rental periods upfront to get deals over the line.

8) Software licences - particularly Office365 - if you are buying it direct from Microsoft you can get it on a monthly fee cheaper through a 3rd party than you can get the annual licence from Microsoft. If you switch mid-year having already paid Microsoft upfront, then Microsoft will refund you renainder of the year, so you move to monthly cashflow and get a cash injection.

Sure there are plenty more, but off the top of my head that's a good start I think.