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 Reporting
Definition:
Highlighting deviations in spend, usage, or inventory from benchmarks, budgets, or prior periods.
Usage Example:
Monthly variance reporting helped control roaming costs.
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