Explore our TEM blogs for expert perspective, real examples, and clear guidance to manage telecom and technology expenses confidently, with fresh insights added routinely.
As we round the corner on another completed year, ambitious leaders are looking ahead to stay on top of emerging trends. IT has always been a fast-moving game, and 2018 will offer no reprieve on that front. As the person who makes major decisions for your IT department, you need to keep a big-picture mentality to hit 2018 with full force.
Enterprise IT technology is anticipated to grow $100 Billion by the year 2020. While the year 2020 may seem like it is in the distant future, the reality is 2020 is only two years away. The future is here and the need for innovative technology is only going to increase. This means the need for cost management and IT service, software and device control is at an all-time high.
When you look at IT and enterprise technology, the need for new technology continues to grow at an exponential rate. Organizations have all kinds of technology, from software as a service (SaaS), infrastructure as a service (IaaS), internet of things (IoT) and tech from the consumer side. These technologies from all different categories need to be organized and managed within your IT and operations department in order to control costs and afford new technology.
First, we would like to congratulate you for looking into options to further your firm’s success. Whether you are new to telecom and technology expense management (TEM) or you are seeking a change, there are many factors you are probably evaluating. Join us while we evaluate some common hesitations to making the move and evaluating a TEM provider.
New technology and tools are adding complexity to the telecom space, making it difficult to accurately track expenses. With so many elements under one umbrella, it can be easy to lose track of services that are no longer valuable or are overpriced. Organizations must take back control of unruly telecom expenses to cut costs.
Every manager understands how important budgeting and spend tracking is to organize business initiatives – primarily procurement departments across the globe. Spend analytics is indispensable to procurement divisions in order to assist strategic planning and assessing total expenditure on products and administration.
Handling and managing your IT assets is a critical part of maintaining your infrastructure and provisioning costs appropriately across your organization. However, there are a number of IT asset management challenges that organizations can run into as they scale and evolve.
With hundreds of telecom expense management software and service solutions, how can you tell which option is the best one for you? Here are six things to look for in a TEM provider to make sure you receive the best service possible with a reliable software solution.
Keeping up with all of the equipment and software within your IT infrastructure can be a challenge for any business. Let’s take a quick look at some tips to help you build an effective IT asset management plan.
TEM has been reaching new heights within the last few years, leveraging exposure to industries that were once unfamiliar to what telecom expense management is. Food and beverage companies are one of these industries. IT expense management for food and beverage companies is becoming a critical piece of the IT puzzle when the objective is to get the highest return on investment.
As business continues to require more and more mobile devices, it is more critical than ever to manage these devices and expenses. Not only does mobile expense management keep an eye on your IT assets, but it also can reveal some extreme savings built up through hidden fees, overused data and underused (or never used) devices.
Most recently, our developers have been working long hours to add the latest addition to Clearview. After much deliberation, planning, and testing, we are excited to announce the newest release of our TEM software, a new task management tool.
Organizations receive a wide variety of bills each month from a number of different service providers. It’s important for businesses to not only pay on time, but to also actively monitor their available resources accurately. Bill payment solutions have emerged as a possible answer to these issues. Let’s take a quick look at the pros and cons of bill payment solutions…
Need help convincing your executive team that TEM is worth while? It should be as simple as stating – “With TEM, we will actually be saving money, not spending it.”
Approving invoices manually includes hidden costs and room for errors. An invoice approval tool can maximize savings and free up time for more important tasks!
Before diving in, learn more about telecom expense management and how it works. Mobile data management is essential for businesses struggling to keep telecom spending under control. Under traditional telecom setups, landlines cost a flat fee per user, and features...
WHAT IS IT ASSET MANAGEMENT? IT Asset Management begins with a central repository for your IT inventory.
Up until recently, large TEM vendors provided services only to companies over a certain telecom spend. Where this differentiated them competitively with the ability to manage many enterprise clients simultaneously, medium-sized businesses were turned away and smaller businesses were completely ignored.
If you are working in retail operations or information technology, you fully understand that your job is never quite complete. As the retail landscape continues to evolve to meet the on-demand needs of your customers, operations optimization continues to top your list of priorities. Managing and directing operations requires an immense amount of organization, and with a tool for almost everything, organization is becoming an automated process.
Bills can uncover a lot about what services you use and how much each costs. Businesses often look to lower their overall payments, but as telecom setups become more complex, it can be difficult to accomplish. There are three IT expenses that are burning holes in your pockets which can impact organizations.
Implementing a Telecom Expense Management (TEM) solution is guaranteed to uncover savings from billing errors, contract negotiations and potential refunds, however, there are many other avenues of ROI that are often overlooked.
