The current telecom expense management (TEM) competitive landscape is made up of TEM solution providers focused on the upper end of the market (companies with over 5,000 employees). According to “The Value of TEM to the Small to Mid-Size Business (SMB)” authored by AOTMP, “there is a common perception of greater effort and cost than financial gain” causing “small and medium size businesses to shy away from implementing a TEM program.” They further report that, “the keys to a productive and financially beneficial TEM program are establishing an inventory of telecom services, features, configurations, charges and service providers, and maintaining invoice accuracy.” This report also stated that, “technology assists in unifying a TEM program. SMB companies can simplify work flow, eliminate duplicate tasks and relate TEM information into usable views via technology.”
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The research conducted by AOTMP also reported the following top telecom priorities for SMBs:
* Reduce telecom cost (62%)
* Learn/implement best practices (57%)
* Establish greater control over wireless costs (49%)
* Centralize telecom environment control (48%)
* Secure support for increasing staff to manage telecom (24%)
* Increase budget for more technology solutions (18%)
They further report “savings for SMBs with a TEM program with a focus on the TEM program savings activities are positioned to gain 22% greater savings as opposed to those without a TEM program.”
Today there is an answer to address the TEM needs, or Telecom Expense Control of SMB companies! Clearview, Valicom’s telecom cost management software brings the power and control of large enterprise expense management to SMBs, who have historically lacked the internal resources and expense volume to realize benefits. Valicom’s Clearview offering is an easy-to-use, fully integrated, on-demand expense management system that provides real-time visibility into telecom expenses, pinpoints areas of corporate cost savings, while requiring minimal time and resources to implement. Designed to incorporate industry best practices and automated expense analysis functions, Clearview helps clients maximize company cost reduction, create greater operational efficiencies and reduce their dependence on suppliers, all while gaining the ability to reduce telecom expenses.
Check out Clearview to see a demo, and learn and how your company can benefit from this innovative TEM solution!