Explore our TEM blogs for expert perspective, real examples, and clear guidance to manage telecom and technology expenses confidently, with fresh insights added routinely.
We have all seen the lasting effects of the pandemic on jobs in the US. From our local restaurants to government entities, companies have made drastic shifts in order to stay alive. For procurement teams, one of the most effective responses has been adopting...
Endpoint management solutions are essential for any organization serious about protecting its network from the security risks posed by lost or stolen mobile devices. Learn more about telecom expense management and how device tracking and endpoint management connect...
While the economy has begun to open up post-COVID-19, many IT departments are being downsized. This trend may continue to affect technology budgets for the foreseeable future.
Technology workers are used to constant change, from taking on new projects to learning new skills to adapting to new innovations. However, a shrinking talent pool brings its own challenges. Often, IT departments are the first hit when it comes to belt-tightening measures. So, you learn to do more with less.
Telecom Expense Management (TEM) tools can help your organization run more efficiently. You may even find more room in the budget by resolving billing errors or recycling or retiring used devices such as laptops, tablets, and phones. First, you have to identify these opportunities, and it makes sense to invest in the technology that will get you there.
Are you ready to immediately save up to 10% on tracking, hosting, and paying your utility bills? Valicom offers solutions that allow you to manage facility expenses virtually. We coordinate, pay, and report expenses for 90+ service types.
So, let us worry about keeping the lights on and your facility running while making your utility process more efficient. Whether you use water, electricity, propane, natural gas, waste management, or other services, our technology can handle the details.
There are many challenges when it comes to keeping track of data inventory, telephone lines, and network, wireless and mobility assets. With the right telecom inventory management system, you can track, budget, and utilize or decommission assets effortlessly. Understanding the key challenges in telecommunications inventory management can help you streamline your telecommunications equipment and services.
Valicom provides inventory management services for telephones, fiber optics, microwave communication equipment, Wi-Fi, telephone lines, and internet services. With the right tools, you can stick to your telecom budget and ensure accurate monthly billing for everything from mobile devices to telephone lines.
Global organizations rely on telecom inventory to connect different office locations, suppliers, customers, and remote employees seamlessly. It’s important to have one central location to store telecom inventory, usage, and other relevant factors. Managing telecom inventory is paramount to the success of your organization, but it’s far from simple. Here are five key challenges to address when considering inventory management solutions.
We are very grateful for our amazing clients, those who have been with us from the start, as well as those who are newer to the team of technology expense management superheroes! When it comes to customer care, consistency is key to ultimate client satisfaction. Amidst a dramatic shift in our economy today, relationships and service are differentiators to preserve important relationships.
Choosing the right TEM company is one of the most impactful decisions your organization can make for long-term telecom cost control and operational efficiency. Learn more about telecom expense management and what separates a truly capable TEM provider from one that...
Negotiating a telecom contract takes a certain delicacy if you want to get the best deal without compromising your service. Although companies can take advantage of a competitive telecom market, it’s important to read the fine print on contract clauses and other factors that influence price and quality. On the other hand, a well-negotiated contract clearly states your services and expectations with unambiguous pricing models.
So, how do you come up with an agreement with your provider that works for you? With the right research and a little guidance, you can negotiate beneficial terms.
Here are seven tips to help your company get the service you need at a price you can afford:
Edge computing is rapidly emerging as one of the most transformative technology trends for enterprise organizations managing distributed networks and real-time data demands. Learn more about telecom expense management and how emerging infrastructure technologies like...
At a high level, there are three types of audits: internal, external, and IRS. Of course, you have no control over when the IRS comes around, but the right mix of internal and external checks can help you keep your costs under constant scrutiny while keeping your books in order — which can’t hurt if Uncle Sam does decide to take a dive into your telecom records.
Let’s take a look at internal and external audits, which you can control and use to monitor your telecom spend.
Our Annual Celebration looked a little different for Valicom this year. Instead of meeting at one of our favorite local restaurants, The Great Dane, or meeting for a night at The Comedy Club, we gathered at our computer screens, everyone to their own. Don’t worry, this isn’t the start of a sad story, I promise! It’s the start of one filled with gratitude.
The Telecom Expense Management Market, estimated at $1.45 billion in 2019, may reach $1.89 billion by 2027. That represents a compound annual growth rate (CAGR) of 3.65%. Another study, adjusted for the impact of COVID-19, projects a CAGR of 14.5% through 2025.
Telecom Expense Management has become an essential part of the tech stack at companies of all sizes and across most industries. Two transformative trends mostly drive this:
Increased need for efficient TEM practices
Expansion of business telecom infrastructures
If you need assistance with your telecom expense management, contact the experts at Valicom to tailor a solution for your company.
Backscatter networking has been named one of the top three trends of the future by CIO Review. This technology provides a nearly limitless network lifetime for IoT devices that currently run on finite batteries. A backscatter network transmits data using very little power. It targets small networked equipment and uses wireless pulses for power. Backscatter networking works well in areas saturated with wireless signals and can power simple IoT devices in smart homes and offices.
If your telecom and technology management systems are outdated, you are wasting time and money. One of the biggest wastes is that in managing everything the old-school way, in spreadsheets or desktop software. Follow along as we uncover why it is critical for complex telecom environments to manage their infrastructure, contracts, and invoices in an intuitive cloud-based solution instead of tedious, error-prone, and heavy updates of your outdated solutions.
Aligning IT investments with the overall strategy of your operations will emerge as a number one priority for many organizations in 2021. Many companies are cutting costs in other areas to enhance their IT infrastructure. Telecom invoices may offer fertile ground for automation and improvement. This can lead to reduced costs in your payment and auditing efforts. Most telecom and network expenses take up to 5% of your enterprise’s revenue. Implementing best practices can help you keep this expense at the lower end so that you can reallocate money to innovation projects.
Follow these strategies to recover telecom expense and allocate it where you need it most.
Strategic procurement process development is one of the most impactful investments a large organization can make to control costs and improve vendor relationships. Learn more about telecom expense management and how the same discipline that drives smarter telecom...
SASE security has rapidly evolved from an emerging technology concept into a foundational requirement for enterprises managing distributed workforces, cloud-native applications, and increasingly sophisticated cyber threats. Learn more about telecom expense management...
The COVID-19 pandemic has underscored challenges facing the telecommunications industry. It’s time to make bold moves to help your company. There are areas of opportunity for telecommunications leaders to consider in their recovery strategies.
Here are three ways to thrive in 2021:
Focus on customer needs with a nuanced customer engagement approach.
Upgrade the customer experience with new service offerings and adopt agile business models.
Position your branding in a way that maximizes secure wireless networks and includes this technology in your services and business models when possible.
Valicom’s team sat down to discuss the most important questions to ask during the discovery phase of finding a trustworthy TEM vendor. The discussion started with basic questions, which we concluded could be applied to most technologies. These points also specifically had to do with the software provider’s team and who they work with directly. That brings us to the top two fundamental questions:
Call accounting software is one of the most misunderstood tools in the enterprise technology landscape — and many organizations are paying for capabilities they already have through their existing TEM solution. Learn more about telecom expense management and how...
At Valicom, we have been negotiating with vendors on our clients behalf for over 30 years. For any company, the art of negotiation is perfected over many years. Negotiation looks different from industry to industry and product to product but there are a few negotiation best practices that are the same across the board. This includes the industry of telecommunications. Let’s dip our fingers into the secret sauce of successful vendor negotiations.
