What is TEM?
Telecom Expense Management (TEM) is a term used to define an approach to managing all telecommunication service expenses such as voice, data and wireless with a combination of software tools and manual auditing. In managing all these services and related processes, its goal is to minimize costs and maximize process efficiency.
For a small [...]
Everyone has to negotiate at one stage or another. These negotiations could be in the form of promotions, sales calls, hiring, and more. For companies, negotiations are in the form of contracts, business deals and cost management. The rule of thumb for most negotiations remains the same although the situation, process, and result may be [...]
Telecom costs equate to 3.6% of a typical companies entire P&L spend which would explain why “telecommunications expenditure remains near the top of every CIO’s expense list” (Gartner) and why “Telecommunications cost management has become one of the hottest sectors in today’s business process automation marketplace.” (Aberdeen Group)
More than 50% of large enterprises don’t know [...]
Business Intelligence (BI) today promises faster, more automated control over telecom expenses. The change is happening and it’s happening now. The advancement in business monitoring capabilities within next generation telecom expense management solutions lends for some exciting developments and possibilities.
The “eating healthy and regular exercise” regiment remains in the forefront of headline news. In the [...]
Analyst Observations
Telecom costs equate to 3.6% of a typical companyâs entire P&L spend which would explain why âtelecommunications expenditure remains near the top of every CIOâs expense listâ (Gartner) and why âTelecommunications cost management has become one of the hottest sectors in todayâs business process automation marketplace.â (Aberdeen Group)
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More than 50% of large enterprises donât [...]
