Explore our TEM blogs for expert perspective, real examples, and clear guidance to manage telecom and technology expenses confidently, with fresh insights added routinely.
The foundational purpose, cause or belief (our why?) in which Valicom was started was based on the customer confusion in the marketplace and the difficulty experienced by alternative telecom providers to fairly compete. The same inequality still exists today.
“The service provided by Valicom is top notch. I know that I have a team supporting me and adding value by taking care of day to day task along with providing project management on the larger task.”
Where did my entrepreneurial journey begin? I would say, from the day I was born.
My mother was a huge inspiration of mine growing up. She began the Mary Linsmeier daycares and preschools, during the late 1960s, when it was almost unheard of for women to be in the workforce, let alone owning a business.
We think in-person is much better. Wouldn’t you agree? Here are hot topics in the IT world that are answered by Valicom’s President himself.
Now more than ever the healthcare industry should be looking into services such as technology expense management. Due to our current conditions caused by the 2020 pandemic, a new opportunity for rural healthcare organizations makes adopting TEM easier than ever. The Healthcare Connect Fund offers a 65% discount to those that qualify.
“A digital twin is a digital replica of a living or non-living physical entity. Digital twin refers to digital replica of potential and actual physical assets, processes, people, places, systems and devices that can be used for various purposes.”
Digital twins provide an alternative to expensive physical models. They are popular in business tools, especially for organizations that use the IoT. One of Valicom’s original ITin3 videos explains why digital twins are so important. These include, but are not limited to, the following:
Have you ever wondered how much you would save by working with a TEM provider before you actually work with a TEM provider?
There are some general criteria that can help determine how much you would save by using a TEM provider, allowing us to create a TEM calculator for you to use. The items we look at in this quiz are:
Running a business is all about managing costs. In all industries, keeping the overhead low is essential. It’s also almost impossible. It feels like costs only ever rise, even while profits like to play their roller coaster games. Ultimately, managing costs gets a lot easier with some specialized help. Telecom Expense Management (TEM) might sound like it has a narrow purview, but it’s really a widespread means of identifying and resolving runaway costs. Despite the name, TEM resources (including audits, planning and software improvements) can revamp all corners of your business, even accounts payable. Here’s how.
For every challenge, there is a solution. Unfortunately, finding the best solutions often takes time. That’s why we’ve put this blog together with IT solutions we feel every company should consider.
The information technology advancements we have seen over time are incredible, but they also cause headache for our IT professionals every day. Questions like,
How do we keep our information secure?
It’s valuable to know how far we’ve come since the beginning of business IT. The most historical information communication is considered to be through cave drawings, and we’ve come so far since then!
Languages were developed, and the first form of information sharing came to the surface. Here is a timeline of the worlds greatest information technology inventions.
An effective telecom inventory management system provides crucial knowledge on tracking and coordinating your physical assets and contracts. It’s an investment that allows you to manage your infrastructure and control costs. In the case of healthcare companies, it can even be a matter of life and death.
Everything you need to know about technology expense management. A full list of topics and answers – by Valicom’s President and COO, Jeff Poirior.
Our customers are our number one priority – It’s the combination of a great team and continuous feedback from our clients that allows us to adjust and improve to ensure a top notch customer experience. One of the ways we collect data from our clients is through a customer satisfaction survey, sent out on a quarterly basis. Our survey is based on 8 specific categories:
Companies may pay too much for telecommunications contracts due to the complexity associated with billing and verification, as well as the sheer number of smartphones and other connected devices the average company has to manage. With the large volume of data that accompanies each device, the jobs of telecom analysts have become increasingly daunting.
The Internet of Things or IoT remains a significant telecom trend. With 5G and other innovations, IoT’s remote capability access extends to data centers. The telecom industry will step up the adoption of IoT to reap the benefits of this technology. For instance, IoT lets companies remotely monitor base stations and data centers, identifying problems early and decreasing outages and downtime.
Since telecom companies act as carriers, this industry will play a critical role in deploying IoT solutions. As part of this role, the telecommunications industry is well-positioned to deliver the infrastructure needed to meet the growing IoT demand. Telecom companies stand to increase their revenue by implementing IOT billing models, which may disrupt the entire industry.
IoT devices are expected to grow by the billions in the next five years. Cybersecurity specialists will need to find innovative ways to deal with DDoS attacks that exploit weak security in current IoT devices, and whole cities may become smarter as the benefits and challenges of this technological sea-level change develop.
Using telecom expense management (TEM) software helps you analyze your expense data more easily via inventory transparency and reporting. This type of tool, whether on-premise or web-based, lets administrators and users review usage quickly and improve their relationship with suppliers.
For the past decade, innovative technology has changed every industry. Telecom expense management was once one of the most tedious tasks, but also an important one. As of 2010, many organizations checked their telecom bills via paper copies. Spreadsheets provided some relief but still offered a clumsy solution to a sometimes massive task.
No matter your industry, your business works with third parties. It’s completely impossible not to, and there’s a good chance you have contracts with each of those parties. They’re standard procedure, and they exist to help everyone involved. What might surprise you is that even with contracts in place, companies violate terms on a somewhat regular basis. It’s not necessarily malicious, but contract violations are a normal thing, and they can cost you a lot of money. Learning about the violations and how to deal with them can lead to big changes in your financial statements.
Every business uses technology, and people inevitably need help with that technology. You may have considered tech contracts for installing hardware, deploying software, managing your network and providing cloud resources, but most IT contracts separate help desk support from other services. This is the service that gives you on-demand help when things aren’t working correctly, and having sufficient help desk availability is essential to keeping any business in any industry on target. These ideas can help you determine just how much support you need.
Based on labor data, Tech Republic estimates that just 29% of workers can do their jobs remotely. Many of those who do work from home face slower connections and may not have access to enterprise-level systems, such as Telecom Expense Management Systems. As of the time this article was written, the COVID-19 death toll has reached 3.4%, according to the World Health Organization.
Employers are struggling to expand their work-from-home policies to include as many employees as possible. It may be a good time for company leaders to invest in automated solutions that make this process go more smoothly.
This article looks more closely at the challenges of working at home during the pandemic and discusses the benefits of working with reliable ERP systems during critical month-end timelines.
A telecom inventory management system provides insight into the accuracy of your billing and provides transparency for your contracts with vendors. Investing in telecom inventory management brings the following advantages:
