Invoice Management
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, you’ve probably heard the term “TEM.” 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 – 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 Now these old, complex, clunky, outdated systems are giving way to a new generation of cloud-based solutions that are replacing an outdated arcanum “TEM” with Telecom Category Management SaaS applications […]
How do I check that my invoices match my network? Matching your invoices to your inventory and services is basic TEM. It is about keeping track of your supply and demand, knowing what you pay for and ironing out any kinks in the system as you go along. Good TEM practice will result in the […]
When all’s said and done, invoice management is what TEM is all about. That means keeping on top of your payments, checking for errors, and maintaining useful records. It may sound pretty straight forward, but mistakes are easily made, and they are usually due to a lack of standardisation and a failure to anticipate problems. […]
