Released on: May 16, 2008, 11:48 pm

Press Release Author: Chris Lee

Industry: Internet & Online

Press Release Summary: Telecom Expense Management & IT consulting firm Source Loop,
has deliver substantial savings to its clients since its inception in 2005.
E-Sourcing clients have averaged 38% in realized savings, while recurring Telecom
Expense Management (TEM) clients have averaged over $1M in realized savings.
Factoring in additional Telecom Cost Elimination (TCE) savings Source Loop clients
typically achieve over 18%; figures that can make or break smaller companies or add
significant shareholder value to larger ones.

Press Release Body: Reston, Virginia - Source Loop is a privately held (LLC) Telecom
Expense Management & IT consulting firm based in Reston VA, with an office in
Atlanta, GA., offering both professional and managed services designed to enable
companies to effectively manage their telecom / IT networks and service providers.

Source Loop is a full service Telecom Expense Management firm. Its suite of services
includes telecom assessments, audits, benchmarking, network optimization, managed
sourcing services and a recurring TEM practice. Source Loop combines experienced
people, established processes and TEM applications to help companies realize maximum
telecom cost savings and increase their Return on Investment (ROI), while ensuring
improved operational and network performance.

Services
Source Loop services always perform one of two functions: they either remove
unnecessary telecom expenses, a discipline termed Telecom Cost Elimination (TCE). Or
they serve to manage and control those services that are necessary for cost
effective and operationally sound networks - these services comprise the discipline
of Telecom Expense Management (TEM). Both the professional services i.e. Telecom
Cost Elimination (TCE) services and managed services i.e. Telecom Expense Management
(TEM) services are equally critical to creating and maintaining an affordable and
effective telecom or IT network.

Upfront professional services such as managed sourcing, comprehensive telecom
assessments, telecom rate benchmarking, and network optimization work to drive down
the cost of your telecom spend while maintaining network operational performance.
Once this healthy network state is achieved, it\'s the managed services (TEM) that
take over and keep your network services competitively priced and operationally
sound.

Network Coin
From the Source Loop perspective, Telecom Cost Elimination (TCE) & Telecom Expense
Management (TEM) are both two sides to the same proverbial coin, in this case a
network coin. \"Despite our many service offerings, it all boils down to two things,
Operational Excellence and Savings Delivered,\" says Source Loop\'s Managing Director
& Founding Principal Chris Lee. \"Our clients come to us because they have
challenging networking issues, usually involving operational concerns and cost
visibility. It is not uncommon for many of our clients to find that they are paying
for many services that they do not need. And for services needed, many of those are
over-billing due to a myriad of industry factors such as abstruse FCC tariffs,
poorly written agreements and employee turnover that make accurate telecom billing a
constantly moving target. Take into account the ever-evolving and hyper-competitive
Telecom marketplace that makes mergers commonplace, and you have a situation rife
for network inefficiency and financial waste, often to the tune of hundreds of
thousands of dollars and beyond."

Best Practices
Proper telecom bill auditing techniques coupled with strong telecom invoice
management systems and a TEM Best Practices protocol maintain and preserve hard
earned professional services results, while adding additional value of their own.
Moreover, Source Loop\'s company culture embraces cross training / cross pollination
of industry best practices; Source Loop will leverage the knowledge and expertise of
its Professional Services team members to augment the Managed TEM team and vice
versa whenever appropriate to drive timely results.

Source Loop's focus on client-specific custom solutions coupled with its Best
Practice focus and its fast and nimble company culture have allowed it to deliver
substantial savings to its clients since its inception in 2005. According to Source
Loop Managing Director & Principal Daren Moore, "Source Loop's e-Sourcing clients
have averaged 38% in realized savings; that's up front savings, which is arguably
the best kind of savings, while our recurring Telecom Expense Management (TEM)
clients have averaged over $1M in realized savings. And when you factor in
additional Telecom Cost Elimination (TCE) savings - our clients typically achieve
over 18% - you approach savings figures that can make or break smaller companies or
add significant shareholder value to larger ones."

Background
Source Loop is led by seasoned industry executives averaging 20 years of TEM
industry experience. Its executive team has leadership backgrounds with the leading
carrier and Telecom Expense Management providers and provides thought leadership to
the TEM industry by partnering with leading law, telecom networking, IT networking,
and software firms.

Philosophy
At the heart of Source Loop\'s company ethos lies the value proposition of offering
unbiased advisory services to its customers, acting as a trusted partner to craft
the most effective telecom expense management solutions that combine multiple
vendors, internal teams, as well as internally & externally developed applications
into a cohesive, centrally managed and technologically advanced solution.


Web Site: http://www.sourceloop.com

Contact Details: Source Loop
1984 Sir Isaac Newton Square West
Suite 101
Reston, VA 20190
United States