Your understanding of Technology Expense Management (TEM) terminology begins here with Valicom.This TEM glossary explains the most common terms in simple, approachable language to help you understand, manage, & optimize your telecom environment.
Variance and Discrepancy Reporting
Definition:
Identifying and reporting differences between expected (contracted) and actual (billed) costs or services.
Usage Example:
Variance reporting flagged a 12% overcharge on data plans.
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