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Amex helps corporates target mobile phone costs
American Express has launched a new service to help corporates manage their mobile phone spend.
According to Amex, companies can save around 30-50% on their process and administration costs by paying mobile phone bills on the American Express Corporate Card.
In addition it claims that a key benefit of its ‘Mobile Telecoms Programme’ is the fact that mobile spend is captured for management information purposes. This can then be used to support supplier consolidation and deal negotiation in the same way that air spend is captured in order to leverage better deals from the airlines.
Andrew Buckley, Vice President Head of Multinational Accounts UK, American Express said: “This represents a new area for Finance and Purchasing professionals who manage corporate expense management and one which will need their attention. However, mobile expenditure should be considered a T&E expense and thus managed accordingly.”
Companies who have already implemented the scheme include BAE Systems.
See our previous stories:
08 Feb 2002: Corporates turn to self-booking tools to cut costs
06 Feb 2002: Amex boss: ‘Time to change expensive travel industry infrastructure’
16 Jan 2002: Amex announces major shake-up
13 Dec 2001: American Express announces huge job cuts
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