It seems inevitable that someone who is not an expert in IT will have at least some responsibility of overseeing IT costs and spending. That’s just how things go. What is vital when this occurs is to ensure that anyone in charge of finances has an opportunity to understand some of the unique ways IT costs impact ROI. With that in mind, these are the five of the most common IT-related money traps that hurt businesses in every industry.
Many providers are very concerned about being small scale. As a result, most of them bottle up their potential. Upcoming providers should keep In mind that their small size comes with many benefits as well as disadvantages. Small vendors should appreciate and celebrate their size as it’s the first step towards achieving great success in their messaging and sales process.
It’s therefore important to understand that size is relative. If you consider yourself as a smaller provider in Telecom Expense Management, (or if you’re perceived to be one), it will be determined by who it is you compete with. This article highlights the benefits of working with emerging providers as compared to larger competitors.
Not long ago, Telecom and Technology Expense Management (TEM) were concepts in the exclusive domain of large enterprises. As automation creeps further into every level of every business, it seems only natural that the platforms become more accessible to businesses of all sizes.
If you aren’t familiar with the concept, TEM represents a holistic approach to tracking and managing runaway technology expenses that plague many businesses.
You take a deep breath as you look at your bank account…
You notice your balance is lower than expected…
Did a mysterious creature steal your identity?
Have you purchased something without knowing?
You peek through your recent charges and discover that your telecom provider increased your rates without your knowledge and charged you a mysterious fee which leaves you stranded with a bigger hole in your account than you anticipated...
AND YOU SCREECH WITH HORROR!
We are thrilled to announce that we are now disrupting the decades-old telecom expense management (TEM) industry by offering this innovative Savings Share opportunity. The new TEM savings share opportunity works to take the commitment and concern out of the TEM savings process.
The use of mobile devices continues to grow at an astronomical speed. Even back in 2013, studies show there were more wireless devices on the face of the earth than there were people. From an operational standpoint, as your network grows larger with a greater use of mobile devices, your need for telecom expense management (TEM) increases too.
In order to stay in the game, it is essential to have a management system in place to keep track of your wireless expenses. Without tracking telecom costs, the majority of companies end up wasting money each month. Here's a close look at the top seven reasons to manage wireless devices.
As jobs in the US are growing at an exponential rate and more demand is being placed for skills in cybersecurity and IT talent, the race is on for HR managers to find the ideal workforce for these roles. But as more baby boomers are retiring, the talent gap continues to widen. The most recent Manpower Talent Shortage Survey shows talent gaps in U.S. companies that are as large as 32 percent, particularly those in the construction, healthcare, and manufacturing industries.
Few things hinder a company's functions faster than significant talent holes. This widening gap is challenging HR managers across the country to think outside the box to find new methods for solutions. A few of them from experts in the talent search field is below.
You have undoubtedly heard of gender gaps in STEM fields. It’s apparent enough that most people working in IT can relate on a personal level. Rather than look at political debates and government programs, we’re going to focus on the idea that private investment in STEM-related programs for girls and young women is a surefire way to help bridge that gender gap and help introduce a large number of new people into these industries.
If you really want to stopper the talent gaps in IT and computer science, getting young women excited about the fields is probably the easiest route to take.
Up until the early 1980s, most telephone networks in the United States were operated and owned by AT&T. Since AT&T was a monopoly, the firm dictated the services and equipment available for customer use and their charges. Although this arrangement might not have been suitable for their clients, it was simple and straightforward. With time, new entrants into the industry were established, and billing overcharges became rampant. Here are a few tips to keep in mind when managing corporate telecom expenses using Excel.
There is a full-scale processor war happening right now. It started about a year ago, and the intensity has grown since. AMD and Intel have both made some exciting recent announcements. We’ll take a look at what is new and how you can benefit from the grueling competition.
Tariffs are the talk of the day for most economists. Stock markets ping pong every time there’s a new announcement, and there are already major business sectors that are bracing for the potential storm of a trade war. There’s a lot of hyperbole and fear involved with this topic, but the truth underneath it all is that every business needs to have an idea of what to expect from these tariffs.
Condensing an analysis of the entire economy into a single blog post would be a little too ambitious, so this one is going to focus on IT. More specifically, we’re going to discuss how tariffs are likely to shape the landscape of IT across industries.
The use of telecom expense management (TEM) has become increasingly popular over the past two decades. Organizations are seeing time and time again that managing telecom expenses is a key driver in being able to save thousands of dollars each year. Even a single employee who is abusing telecom practices can cost an organization a substantial amount of money. With TEM, it becomes possible to pinpoint employee abuse of mobile services as well as to identify telecom billing errors.
Quantum is a powerful buzzword these days. Quantum computers have so much hype behind them that marketing teams have started adding the word to ordinary objects in an attempt to make them sound more powerful. Despite the frenzy, there’s a reason for excitement around quantum computers. While they are far from being perfect, they do exist in the world today, and you need to get a grasp on them to stay above water as this technology shatters everything we know about computers.
Valicom takes pride in customer support and satisfaction. We believe in our company, our services, and upholding transparency and compassion to fulfill our customer’s needs. This is the number one reason customers seek our services in transition from previous TEM engagements – they have felt neglected by previous TEM providers and seek further assistance with their TEM solutions.
If your business uses any type of telecommunications to perform its operations, then you likely have a need for telecom expense management (TEM). And the truth is, almost all businesses use telecommunication in at least one form, meaning all of them can benefit from investing in TEM software.
Even though many business owners frown upon having to make yet another investment in another type of technology, when looking over the benefits of TEM software, you will start to see that instead of an investment, it actually proves to be a valuable asset. For now, let's take a look at TEM software and how it proves to a valuable investment.