CSC INTRODUCES TELECOMMUNICATIONS COST SAVINGS OFFERING

EL SEGUNDO, Calif., Nov. 10 – Computer Sciences Corporation (NYSE: CSC) today announced the introduction of CSC Telecom Expense Management (CSC TEM), a new service that can reduce a firm’s telecommunications expenses significantly.

CSC TEM manages telecommunications inventory, handles invoice processing and performs dispute management while identifying and eliminating erroneous charges and recommending cost savings options.

Industry estimates indicate that up to eight percent of an organization's telecommunications invoices are erroneous, resulting in an average loss of $8 million in profits per year. Although CSC had tight cost-control measures in place prior to implementing CSC TEM internally, the company has already saved more than $1 million in telecommunications invoice processing and related administrative costs since the beginning of its current fiscal year with the new service.

“Companies are becoming more and more frustrated by confusing and often multiple telecommunications invoices,” said Ian Murray, CSC TEM product manager. “While various services are available that examine different elements of telecommunications invoicing, CSC is among the first tier 1 service providers with the experience to address all aspects of the process and provide significant results.”

CSC TEM is part of CSC’s Converged Networks offering, which provides a flexible and scalable network infrastructure that improves communications between staff, vendors and customers, delivering significant operational cost savings. Clients operating a converged network have the ability to develop richer, smarter, high-value processes that help differentiate them in the marketplace.

The database application employed by CSC TEM is powered by a commercial off-the-shelf product called Quickcomm. According to Murray, “We selected Quickcomm as the underlying database for our offering because it supports all forms of telecommunications, across all currencies.”

Source : CSC

Last Minute Flight