Explore Valicom's blog for essential industry insights and updates. Stay informed and empowered with the latest in technology expense management.
Last week we hosted hot-topic webinar, “i-Spy Telecom Invoice Errors”. During the session we shared five of the most commonly missed and most expensive telecom invoice errors. Could you be missing these telecom invoice errors in your invoices month after month? Your existing telecom invoice processes could be the sticking point.
Every month invoices arrive from the Finance or Accounts Payable departments. Charges, invoices and expenses that need to be approved by a variety of department heads, managers and directors. It’s a daunting and complicated task, auditing, allocating, submitting for approval and finally paying these invoices. For most organizations the ‘submitting for approval’ process is the most time consuming and costly part. But it doesn’t have to be.
Invoice approval is just one step of the process. The invoice lifecycle starts with auditing and ends in check cutting, with time and money sinks all along the way. Valicom’s invoice processing services create efficiency for your team while saving you money.
Invoice errors. Those pesky little line items that are costing your operations budgets big time. So what are they? Typically, telco items that are not billing correctly, disconnects gone unprocessed, and a myriad of slamming and cramming fraudulent charges. How will you distinguish what is what? How will you spot those opportunities for savings?
Savings within your telecom invoices are hiding just below the surface. But are you searching hard enough to find them? You would be surprised to know how often telecom invoices go totally unchecked, and how easy it is for telecom invoice errors to slip by. The result is crippling, and might be costing your organization more than you think.
When it comes to the IT and telecom departments, maximizing every single minute matters. The phone is ringing off the hook for new work stations that need to be set up, or pesky iPhone and Microsoft Exchange issues…. The last thing telecom and IT team members need is to be bogged down by time consuming telecom tasks.
We are in the business of making your business run smoother, specifically when it comes to managing telecom inventory, usage and expenses. How do we do it? TEM, which stands for telecom and technology expense management. Valicom’s TEM services software assist organizations to get a handle on all the phone (wireless and wireline) bills received each month.
Let’s face it – keeping an eye on expenses and use of resources is one of the top priorities of any company, no matter the size or industry vertical. Attaining this level efficiency and transparency can be a difficult task. Delegating all or a portion of managing telecommunication and technology expenses would remove a lot of burden from your shoulders. In this blog learn the top 10 reasons IT and Finance Directors are choosing TEM (telecom or technology expense management).
Do you remember the last few days at school before holiday breaks? You watched movies, played games, and ate snacks. In honor of the upcoming Thanksgiving break mixed with some school day nostalgia – today we are sharing a few TEM videos just for you!
Savings in your telecom invoices are lurking just below the surface. But are you digging deep enough to find them? You would be surprised to know how often telecom invoices go totally unchecked, and how easy it is for telecom invoice errors to slip by.
Are you spotting telecom invoice errors? Little line items may go unnoticed, but can quickly add up to big dollars being spent unnecessarily. Today we are proud to share a Valicom original Infographic!
A seemingly endless amount of invoices arrive at your office every month. Thousands of line items within a complex telecom environment, and expenses that are spiraling out of control. Who is responsible for paying which invoice, and how will these expenses be split amongst the departments? Does this sound familiar? Here’s a quick thought. What might be missing from your telecom processes is cost allocation and bill pay. Add efficiency and transparency to your cost with these managed telecom services, now offered by Valicom.
Telecom bill pay is a time-consuming process, that when handled wrong – can end up costing your organization even more. If you misapply a payment, or miss a deadline – you’ll be slammed with late fees. Avoid these costs (both time and resources) with automatic bill pay, a telecom expense management service offered by Valicom
Are you considering outsourcing your telecom expense management? You are not alone. More and more organizations are choosing to leave this tedious task to the experts and freeing up their internal resources for the things that they do best. The move is incredibly strategic, outsourcing TEM will help your business reducing overhead costs, while creating efficiency in your processes.
Telecom costs are often responsible for a business’ largest operating expense, and yet so frequently, they go completely unmanaged. Does this sound familiar? Take the first simple steps to controlling telecom costs by accessing Valicom’s newest white paper, “The Proactive Approach: Controlling Telecom Costs”. This white paper outlines initial questions organizations need to consider to achieve proactive management of telecom costs.
