When enterprises signup to âTEMâ Telecom Expense Management what they typically need is Telecom Category Management BUTÂ unfortunately, after usually 3 years of wasted time, lots of frustration and money, learn theyâve purchased nothing more than an invoice billing engine that summarizes invoices that are deemed âready for paymentâ with a breakdown summary of cross charge […]
Telecom Category Vendor Management Best Practices Telecom Category Supplier Management involves focused, strategic, planning by both sourcing and IT teams to perform effective supplier management. Providing strategic vendor sourcing services involves procurement and IT initiated RFPs, contract negotiations, contract renewals, supply chain consolidation, project support and is no small task for any team. Â In […]
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 […]
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 Now these old, complex, clunky, outdated systems are giving way to a new generation of cloud-based solutions that are replacing an outdated arcanum âTEMâ with Telecom Category Management SaaS applications […]
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 […]
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 […]