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In today's fast-paced business landscape, where every penny counts and efficiency is key, managing telecom expenses effectively is more critical than ever. Telecom Expense Management (TEM) has emerged as a game-changer for businesses looking to streamline their telecom operations while maximizing cost savings. Here are the top five reasons why your business can benefit from TEM, with a spotlight on how Valicom's services can help you achieve your goals.
In the bustling arena of modern industries, managing technology expenses has become more than just a challenge—it's a critical imperative for sustainable growth. As we navigate the intricate web of software licenses, cloud services, and telecommunications costs, the need for streamlined Technology Expense Management (TEM) solutions has never been more pronounced. In this landscape, Valicom stands out as a beacon of efficiency and savings.
As we get closer to 2024, we all know how important technology is in healthcare. But, as we use more technology, the costs can start to add up. As a leader in your organization, finding smart ways to handle these growing tech expenses is a must.
In these tough financial times, businesses are always looking for ways to save money. One of the most effective ways to do this is by cutting costs in the IT department. Many people think that this means making sacrifices in terms of quality or efficiency, but that doesn't have to be the case. In fact, there are many ways to cut costs in IT without compromising on either of those factors. In this blog post, we will discuss some of the best ways to save money and improve efficiency in the IT industry.
Tracking each and every asset within an organization can be tedious, time-consuming and nearly impossible on your own. Chief financial officers have the unenviable task of monitoring resources, determining where there are possible overages and identifying positive investments for future growth. There are three big expense management techniques that CFOs can utilize to monitor costs effectively and make savings stick.
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.
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.
If that’s not a tongue twister, I’m not sure what is. Today we’ve put together ten tips to assist your team in reducing telecom costs across your organization. We didn’t say it’d be easy, but it is definitely worth it.
With 2015 budgeting looming on the horizon, it’s time to take your expense management to the maximum. What did you spend in Quarters 1-3? Which cost centers monopolized your telecom budget, and which devices went unused?
We are continuing our series discussing how telecom management software streamlines telecom management tasks. In our last post, we discussed Telecom Management Software Vs Inventory Management.
Another telecom management task that will conjure up memories of your Mother, or maybe your Father, is the age old question – “Who is going to pay for this thing?” Now that you know what you have, your CFO probably wants to know who is responsible for each particular business expense. Those Accountants, always so picky. But that is what you pay bean counters to do – count beans. And sometimes they even want the beans split into pieces! It is not uncommon to have one inventory item being paid for by multiple departments.
To be able to actually control a process the process needs to be measured to obtain visibility and identify any variances. Once an inventory can be organized and a process defined then the foundation is in place to begin measurement and control ultimately resulting in telecommunications expense reduction...
