Telecom Expense Management and Call Accounting Technology!

Telecom Expense Management and Call Accounting Blog!

Want updates in your inbox?

  • Home
  • Blog
  • Attention C-Level Executives: TEM is More Important Than Ever!

Attention C-Level Executives: TEM is More Important Than Ever!

attention
Anyone who says that Telecom Expense Management, or "TEM", is no longer important is not taking the enormous changes of the last 5 years into consideration. With BYOD, IoT, and more vendor choices, keeping track and managing telecom requires a more sophisticated set of tools. TEM bridges that gap.

The IT folks get it. That's because they work with technology, suppliers and contracts every day. But senior management often lacks the same level of visibility. Therefore, they continue to operate under the broad assumption that expenses associated with communications are just a 'cost of doing usiness', which cannot be significantly impacted.

That's a dangerous assumption. Because, today, more than ever, TEM is necessary to effectively align and optimize diverse contracts, services and suppliers. And that results in significant savings.

Everyone in your organization needs to understand the role that TEM plays and takes it seriously. Why? Because, when we talk about 'significant savings' we aren't just talking about hundreds, or even thousands of dollars. We are talking about the potential of hundreds of thousands of dollars in both initial and ongoing savings!

The 'Efficiency Triggers'

For TEM to do its work, however, we must first identify areas where it can be quickly and effectively deployed. We have done some of the ground work for you below. These three efficiency 'triggers' can serve as an effective springboard for discussion, helping managers understand how using information from their TEM system can lead to better decisions for improved fiscal and operational health.

Operational and Financial Assessment

Today's TEM technology can give you a level of depth and insight into fixed and mobile telecom environment that wasn't available in the past. It is the backbone you need to make better financial and operational decisions. Many managers are simply unaware of the level of granularity and sophistication that today's TEM is capable of providing in these areas:

  • ​Contract negotiations
  • Purchasing decisions
  • Budget planning
  • Capacity planning


The bottom line: Better business decisions based upon accurate information!


Compliance Enforcement

Your TEM solution should have the depth and flexibility to let you dynamically program 'rule sets' into your system. What does that mean? You can customize and define the parameters that your company needs to adhere to in order to comply with industry and business standards.

The bottom line: 49% of companies queried by AOTMP indicate that compliance is a primary challenge for their organization!

Adherence to best practices and keeping pace with changing regulations that impact business operations can save a lot of hassles downstream, not to mention costs.


Process improvement

Amazingly, many top companies are still using old school manual or semi-automated methods to handle internal audits such as invoice reconciliation and to generate IT/telecom reports. When added together, the collective time spent with spreadsheets and calculators costs companies thousands of dollars each month in wasted overhead. This is real money and real time wasted!

The bottom line: 70% of organizations queried by AOTMP indicate improving internal workflow efficiency is a priority!


The Good News:

Today, more than ever, IT and Telecom managers need to 'make the case' to senior management for an efficient and smooth running TEM program. And it isn't hard when you let the numbers and facts speak for themselves. A solid TEM solution gives you the data, information and insight to get management on your team and everyone on track to save costs and improve efficiencies.

Purchased in June, Still “No Go” in November…
In-House or Outsourced TEM? Should it Still be a Q...

About TeleManagement Technologies, Inc.

TeleManagement Technologies, Incorporated (TTI) provides Telecom Expense Management and Call Accounting solutions designed to effectively track, integrate, manage and protect an organization's information technology resources. TTI's TEM solution, WinBill®, has developed a reputation for an impressive ROI, with clients reporting savings of 300% or more! WinCall® Call Accounting tracks all domestic and international locations regardless of PBX type (analog, digital, VoIP) to facilitate internal bill back, identify PBX toll fraud and increase employee productivity. Extensive reporting capabilities are also included for planning purposes. TTI's experienced, responsive support team helps keep CFOs and IT/Telecom departments in total control of their technology expenses.

Since 1987, TTI has been designing software products that provide a better solution to managing corporate technology, inventory, expenses and services. For more information, visit www.telmantec.com.

Check out other recent posts by TTI

What's on tap for CIOs and IT managers in 2025? It's shaping up to be a year to exert more control over their digital transformation roadmaps as they build out practical uses for innovative technologies such as generative AI. It has taken a few years...
​These are interesting times for CIOs and their IT departments. While budgets are forecasted to rise modestly, high interest rates, persistent inflation, and a volatile stock market create a challenging environment for IT leaders seeking to meet thei...
​For CIOs and IT managers there's a lot more to manage these days. We have long stretched beyond the days of maintaining "dial tone" and are now in an era where strategic contributions are not only needed but expected by senior management, under pres...
We often hear from frustrated IT managers who bear the scars of dealing with large vendors. Being ignored in favor of other clients, waiting days for a callback, the list goes on. That's not to say that all large vendors don't care about their custom...
​For most IT departments, there are more projects scheduled than there is money to pay for them. Technology innovations are coming at us fast and furious these days and end users are pushing for the latest and greatest. So it's on IT managers to esta...
​Every year it seems like more data is becoming unlocked and available for use by devices, applications, and platforms. That means that IT managers must make decisions on what data to collect, how to collect it and how to turn it into useful informat...

We're always happy to assist you with any questions you may have.
Just give us a call!

1-800-903-4006
This email address is being protected from spambots. You need JavaScript enabled to view it.
Inquire by Form
See more options!

Connect with us!

WinBill Reviews
© 2023 TeleManagement Technologies, Inc.
Contact Us Today!  Start Saving on Your Technology Spend! 1-800-903-4006
newsletter
before content