BYOD- Three Ways To Save Money
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.
Decreasing the effects of contract related risks can be accomplished, whether your company is 100 percent BYOD or a mix of both. The key is planning ahead so you can take advantage the savings and benefits, and avoid the unwanted costs. You also need to understand your contracts and how BYOD will affect them. Remember these three things when considering a new BYOD to reduce your risks:
1. You can still get volume discounts
The number of users under your contract doesn't need to decrease if individual responsible users (IRUs) sign up their personal devices on your corporate rate plan. Most will allow you to give employees a corporate referral code to use so that you get credit for all of their devices as well. This option lets you keep your volume discounts and maybe even increase them, depending on how many IRU's sign up.
2. The effects of termination fees can be minimized
Most carrier contracts contain termination fees to keep companies from switching carriers. These fees can be highly detrimental to any potential BYOD cost savings when you decide to move large numbers of corporate responsible users (CRUs) to IRUs. Always plan ahead you can choose the best time to make your move and be prepared to counter any financial losses.
3. BYOD requires additional security
Personal devices are simply more susceptible to a greater number of security threats, so additional measures must be taken to ensure the security of corporate information. In additional to security, governance policies need to be initiated to monitor employee usage, and IT solutions like federated ID and soft token authentication must be implemented. The cost for all of this will be high and can cut into your potential BYOD savings. Managing them effectively is much easier if you are expecting them and have a plan to help diminish their impact.
Decreasing the effects of contract related risks can be accomplished, whether your company is 100 percent BYOD or a mix of both. The key is planning ahead so you can take advantage the savings and benefits, and avoid the unwanted costs. You also need to understand your contracts and how BYOD will affect them. Remember these three things when considering a new BYOD to reduce your risks:
1. You can still get volume discounts
The number of users under your contract doesn't need to decrease if individual responsible users (IRUs) sign up their personal devices on your corporate rate plan. Most will allow you to give employees a corporate referral code to use so that you get credit for all of their devices as well. This option lets you keep your volume discounts and maybe even increase them, depending on how many IRU's sign up.
2. The effects of termination fees can be minimized
Most carrier contracts contain termination fees to keep companies from switching carriers. These fees can be highly detrimental to any potential BYOD cost savings when you decide to move large numbers of corporate responsible users (CRUs) to IRUs. Always plan ahead you can choose the best time to make your move and be prepared to counter any financial losses.
3. BYOD requires additional security
Personal devices are simply more susceptible to a greater number of security threats, so additional measures must be taken to ensure the security of corporate information. In additional to security, governance policies need to be initiated to monitor employee usage, and IT solutions like federated ID and soft token authentication must be implemented. The cost for all of this will be high and can cut into your potential BYOD savings. Managing them effectively is much easier if you are expecting them and have a plan to help diminish their impact.
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 expense reduction service
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