PORTLAND, OR (November 6, 2009) – Ty Hart and John Hogan announced the launch of Verilytics, Inc, a new telecom expense management company that provides comprehensive auditing services, along with automated solutions, that will enable a business of any size to gain insight and control over telecommunications costs.

The company was founded by a group of telecommunications veterans who saw an increased need in the marketplace for high quality audit and invoice management services. Their combined legal, audit and carrier backgrounds provide an ideal blend of skill sets to help business clients navigate complex and frustrating carrier invoices, and improve their bottom line.

“Every month, companies spend countless dollars on overcharges and services they didn’t request or need,” said Ty Hart, President and co-founder of Verilytics, Inc. “We felt that a lot of companies are being under served in this area. Organizations of all shapes and sizes need cost effective ways to gain control of their telecom budget and reduce expenses, and we are here to help them.”

The team Verilytics has put together has more than a century of combined telecom experience, and has performed telecom expense audits for companies of all sizes.  Services include auditing, automated invoice processing and payment, wireless optimization, network design and procurement, project management, provisioning and tariff/contract analysis.  With staff in Portland, Oregon and Boise, Idaho, clients can take advantage of Verilytics’ existing relationships with more than 80 service providers.

“Telecommunications expenses are among the largest cost items on corporate income statements, and according to leading industry analysts, many companies can lower their telecommunications costs by 15% or more with a detailed audit,” said John Hogan, Chief Operating Officer and co-founder of Verilytics, Inc. “We can help organizations achieve lasting savings, and implement valuable best practices to dramatically improve their bottom line.”

For more information, please contact Ty or John at 888.333.5958 or info@verilyticsinc.com.

About Verilytics

Based in Portland, Oregon, Verilytics provides comprehensive auditing services, along with automated solutions, that enable a business of any size to gain insight and control over telecommunications costs.  Using proven business models, the Verilytics team can identify cost savings and provide immediate recommendations to optimize your communications environment. More information is available at www.verilyticsinc.com.

Want to make sure your employees aren’t using company smartphones to text in “American Idol” votes? Institute a policy that regulates phone usage. According to research firm Gartner (News – Alert) Inc., 80 percent of enterprises will overspend on their wireless service costs by an average of 15 percent through 2014.

Click here to read the full story ….

Faced with limited capital to fuel business operations and fund business investments, business and IT leaders will have to adjust to a “new normal” in economic operating practices as a modest, multi-year recovery is expected to shape strategic decisions about IT operations and investments, industry officials said this week.

Click here to read the full story ….

Large enterprises are overspending on wireless services by millions of dollars a year, according to an analysis run by Compass, a global management consulting firm specializing in business and IT operational improvement.

Click here to read the full story ….

With a FREE audit, our team of experts will study your voice and data bills, and apply a series of techniques and software applications to ensure you’re being billed correctly. We’ll also review your current carriers’ contracts to verify consistency and look for potential cost-saving enhancements. Finally, we’ll verify the need for all existing circuits and services, and explore potential technology enhancements that can help drive efficiencies and improve your bottom line.

Our audit process will typically reduce telecom expenses by 10 to 30 percent. No matter the size of your company, you can expect to see significant savings, ranging from millions of dollars for the Fortune 1000, and thousands of dollars for medium and small businesses.

If you would like a FREE analysis to determine how Verilytics can help your organization save money through telecom expense management, contact us at (503) 657-2294 or email us at info@verilyticsinc.com.