Cost Control
The Top 5 Telecom Contract Commercial Clauses As part of your Telecom and IT Category Management duties, Contract Management is a vital component to the overall effectiveness of not only your supplier relationships, but the product and services you purchase and implement. Negotiating supplier contracts for category managers involves aspects like ensuring that all […]
3 Key Benefits of Maintaining Accurate IT and Telecom Inventory Whether you have a spreadsheet or a Technology Expense Management application, here are 3 key reasons to always ensure you maintain an accurate inventory. Here’s a free template on how to create a telecom inventory Download excel file Captures and stores information about who, what, […]
If you are a business owner or a finance manager, youâve probably heard the term âTEM.â But what does TEM do? Defining TEM T-E-M stands for Telecom Expense Management better known as Telecom Category Management.  What is Telecom Category Management? At its simplest definition, a Telecom Category Management system allows businesses to manage […]
A process to guarantee your invoices are correct every month The process of confirming if what appears on your invoice is correct and what you should actually pay a.k.a. (validating telecom invoices) can be a daunting task for business. Most businesses have an internal team or outsource this process manage anywhere from 50 â 2000+ […]
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 Now these old, complex, clunky, outdated systems are giving way to a new generation of cloud-based solutions that are replacing an outdated arcanum âTEMâ with Telecom Category Management SaaS applications […]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 […]
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 […]
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 […]
In voice telecommunications,voice rate analysis or  least cost routing (LCR) is the process of optimizing your voice cost by picking the path of outbound communications traffic based on the carrier with the best cost. Within a telecoms carrier, an LCR team might periodically (monthly, weekly or even daily) choose between routes from several or even […]
Every major multinational corporation requires the very best from its TEM providers. A great communications network is essential for the worldâs biggest companies, and there is a huge potential for savings and improved efficiency within these multi-billion dollar departments. But these enormous tenders donât come up too often and when they do, every TEM provider […]
