There is no question that BYOD (bring your own device) has many benefits for businesses, especially if this is the only policy in place. Unfortunately, most organizations still provide company owned devices in addition to allowing individually owned devices. This mix of device ownership opens up the door for some big cost risks when you consider how BYOD will affect carrier contracts.
It is possible to take advantage of all the cost benefits of BYOD, even if your business takes a hybrid approach to employee devices. You just need to have a good understanding of your carrier agreement and how BYOD cost savings might be negatively impacted by this approach. Consider the following to help avoid these cost risks:
1. High volume discounts will still be given
Most carriers will allow individual responsible users (IRUs) to sign up on your corporate rate plan and count towards the number of plan users. Simply tell any employees that use their own devices to use a corporate referral code when signing up for service. If you can get enough people to do this, the discounts could even exceed your current ones.
2. You can reduce the impact of termination fees
Carriers don't want you to remove users from your corporate plan or switch carriers. To deter companies from doing so, they include early termination fees in your contract that can be very expensive. The best weapon against these fees is timing. Know how your contract's termination fees will affect your cost savings and plan ahead to choose the best time to move users.
3. You can save on security costs
Unfortunately, individually owned devices require more security measures and governance to keep company information safe and monitor usage effectively. The costs associated with implementing these measures are often high, but also necessary. Be prepared to manage the additional costs by having a plan in place before you begin BYOD implementation.
It is possible to take advantage of all the cost benefits of BYOD, even if your business takes a hybrid approach to employee devices. You just need to have a good understanding of your carrier agreement and how BYOD cost savings might be negatively impacted by this approach. Consider the following to help avoid these cost risks:
1. High volume discounts will still be given
Most carriers will allow individual responsible users (IRUs) to sign up on your corporate rate plan and count towards the number of plan users. Simply tell any employees that use their own devices to use a corporate referral code when signing up for service. If you can get enough people to do this, the discounts could even exceed your current ones.
2. You can reduce the impact of termination fees
Carriers don't want you to remove users from your corporate plan or switch carriers. To deter companies from doing so, they include early termination fees in your contract that can be very expensive. The best weapon against these fees is timing. Know how your contract's termination fees will affect your cost savings and plan ahead to choose the best time to move users.
3. You can save on security costs
Unfortunately, individually owned devices require more security measures and governance to keep company information safe and monitor usage effectively. The costs associated with implementing these measures are often high, but also necessary. Be prepared to manage the additional costs by having a plan in place before you begin BYOD implementation.
About the Author:
Joseph B. Kappernick specializes in helping Fortune 500 companies save money. He recommends that you visit NPI Financial to learn more about telecom cost reduction solution
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