The future of Telecom Category Management solutions For many years, telecom expense management software has focused on helping companies manage their inventory supplier billing. Now these old, complex, clunky, outdated systems are giving way to a new generation of cloud-based solutions that are replacing an outdated arcanum âTEMâ with Telecom Category Management SaaS applications […]
A recent blog post by the Profit Advisory Group (PAF) really struck a chord with us. The piece â âTEM Software vs an Audit: Evaluating ROIâ â took an honest and industry-savvy approach to that eternal question â should I implement TEM software or schedule regular audits? Of course, the answer is â do both! The TEM […]
Itâs a safe bet that most executives donât realise how reliant they really are on their telecoms network. Your companyâs TEM department provides the arteries and veins of the network in which the business is able to communicate and earn profits for the organization. The network TEM team is expected to cover Moves, Adds, Changes […]
Keeping BYODÂ device management out of your Telecoms Expense Management is perfectly valid Itâs a game changer for telecoms finance with the potential to save or lose a tonne of money for your company. But as Bring-Your-Own-Device (BYOD) policies become increasingly popular, more and more questions are being raised: How do you differentiate between professional and […]
It isnât exactly a secret that the key to any successful telecoms expense management (TEM) business is regular auditing. But if the very thought of a looming audit is enough to make you break into a sweat then read on, because it is much easier than you think to prepare for an audit and when […]
Benchmarking is an important tool in telecoms expense management (TEM), there is no question about that. It helps companies to make considerable savings, and offers a valuable insight into an increasingly competitive marketplace. Who doesnât want to know how much their competitors are paying for their core services? It may seem like a âwin-winâ situation […]
Before a Telecom benchmark – The list you wished you had before you started your last benchmarking process! Benchmarking is one of TEMâs most necessary evils. It can be a long and boring process, but without it you are almost definitely wasting money. Done incorrectly, you are also wasting time⌠It really pays to be […]
Depending on how organized you are, creating an annual Telecom Category Business Plan can be an easy feat – or the challenge of your life – to pull together. Â The main purpose of creating an annual business plan is to reflect where you are today and pull together a plan for what you aim to […]
So youâve done your homework, spoken to senior management and confirmed that it is, indeed, time for performing a telecoms benchmark! Where do you start? You would expect a typical benchmarking exercise to last at least a few weeks, however it is more than likely it will take a few months to complete, so it […]
Telecoms events are ten a penny, but if you want to keep your finger on the pulse, you have to attend one every once in a while. Handled properly, the right telecoms event can help you to promote your business, find your next investment opportunity, learn more about an emerging sector, hire (or be hired), […]
Does your contract have a benchmark clause – if not, what should go into a benchmark clause? If so have you covered these key areas? Generally speaking all contracts have several key clauses. When it comes to Telecom contracts, especially long term agreements (more than 2 years), or agreements⌠dare we say it, with chunky […]