Has anyone explored cross-auditing cell tower lease agreements with telecom service bills? I have a Boise client who leases rooftop space to Verizon for $2,800/month but also pays Verizon $1,200/month for their business telecom services. The lease agreement includes a clause for reduced service rates but it's never been applied to their monthly bills. Seems like there might be audit opportunities when clients have both relationships with the same carrier.
Cell tower lease vs telecom bill cross-audit opportunities
Mike, that's an interesting angle I hadn't considered. Most of my Charlotte clients either lease tower space OR buy telecom services, rarely both. But it makes sense that lease agreements might include service discounts that get overlooked by billing departments. Have you found any other examples of this type of cross-audit opportunity? Could be a new revenue stream for auditors.
This is brilliant Mike. I'm going to start asking all telecom audit clients about any tower lease relationships. In Silicon Valley there are tons of businesses with rooftop cell installations who also buy services from those same carriers. If the billing and real estate departments don't communicate internally, these contracted discounts could be missed for years. Thanks for the idea - this could be huge.