TEM

The Post-Pandemic TEM Marketplace and the Future of Remote Work

The Post-Pandemic TEM Marketplace and the Future of Remote Work

Before the pandemic, wired, wireless, and other telecom made up 14% of the average companies IT budget, according to a Forrester report. Many companies are still adjusting to the short-term and long-term effects of the pandemic. That includes increased consumption of telecom services needed to support work from home or work from anywhere arrangements. A large percentage of employees may remain at home for the foreseeable future, making it critical to understand how remote work will affect Enterprise Telecom Expense Management (TEM).

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How Technology Supports Purchasing Departments in 2021

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How Technology Supports Purchasing Departments in 2021

We have all seen the lasting effects of the pandemic on jobs in the US. Purchasing departments face interesting challenges as we move through 2021. Technology has come a long way and is aiding the retirement of baby boomers and high unemployment rates.

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Staff and Budget Shrunk by COVID? 5 Ways TEM Can Help!

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Staff and Budget Shrunk by COVID? 5 Ways TEM Can Help!

While the economy has begun to open up post-COVID-19, many IT departments are being downsized. This trend may continue to affect technology budgets for the foreseeable future.

Technology workers are used to constant change, from taking on new projects to learning new skills to adapting to new innovations. However, a shrinking talent pool brings its own challenges. Often, IT departments are the first hit when it comes to belt-tightening measures. So, you learn to do more with less.

Telecom Expense Management (TEM) tools can help your organization run more efficiently. You may even find more room in the budget by resolving billing errors or recycling or retiring used devices such as laptops, tablets, and phones. First, you have to identify these opportunities, and it makes sense to invest in the technology that will get you there.

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5 Key Challenges of Telecom Inventory Management

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5 Key Challenges of Telecom Inventory Management

There are many challenges when it comes to keeping track of data inventory, telephone lines, and network, wireless and mobility assets. With the right telecom inventory management system, you can track, budget, and utilize or decommission assets effortlessly. Understanding the key challenges in telecommunications inventory management can help you streamline your telecommunications equipment and services.

Valicom provides inventory management services for telephones, fiber optics, microwave communication equipment, Wi-Fi, telephone lines, and internet services. With the right tools, you can stick to your telecom budget and ensure accurate monthly billing for everything from mobile devices to telephone lines.

Global organizations rely on telecom inventory to connect different office locations, suppliers, customers, and remote employees seamlessly. It's important to have one central location to store telecom inventory, usage, and other relevant factors. Managing telecom inventory is paramount to the success of your organization, but it’s far from simple. Here are five key challenges to address when considering inventory management solutions.

What Our Clients Are Saying in 2021

What Our Clients Are Saying in 2021

We are very grateful for our amazing clients, those who have been with us from the start, as well as those who are newer to the team of technology expense management superheroes! When it comes to customer care, consistency is key to ultimate client satisfaction. Amidst a dramatic shift in our economy today, relationships and service are differentiators to preserve important relationships.

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7 Tips to Negotiate Telecom Contracts

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7 Tips to Negotiate Telecom Contracts

Negotiating a telecom contract takes a certain delicacy if you want to get the best deal without compromising your service. Although companies can take advantage of a competitive telecom market, it's important to read the fine print on contract clauses and other factors that influence price and quality. On the other hand, a well-negotiated contract clearly states your services and expectations with unambiguous pricing models.

So, how do you come up with an agreement with your provider that works for you? With the right research and a little guidance, you can negotiate beneficial terms.

Here are seven tips to help your company get the service you need at a price you can afford:

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How Our #1 Differentiator Keeps Us Together During Virtual Times

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How Our #1 Differentiator Keeps Us Together During Virtual Times

Our Annual Celebration looked a little different for Valicom this year. Instead of meeting at one of our favorite local restaurants, The Great Dane, or meeting for a night at The Comedy Club, we gathered at our computer screens, everyone to their own. Don’t worry, this isn’t the start of a sad story, I promise! It’s the start of one filled with gratitude.

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How to Migrate to the Cloud for Enterprise Transparency & Spend Management

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How to Migrate to the Cloud for Enterprise Transparency & Spend Management

If your telecom and technology management systems are outdated, you are wasting time and money. One of the biggest wastes is that in managing everything the old-school way, in spreadsheets or desktop software. Follow along as we uncover why it is critical for complex telecom environments to manage their infrastructure, contracts, and invoices in an intuitive cloud-based solution instead of tedious, error-prone, and heavy updates of your outdated solutions.

7 Steps to a Dynamic Procurement Process

7 Steps to a Dynamic Procurement Process

Procurement can become complicated in large organizations. In order to achieve strategic procurement, the entire organization must buy into best practices. When leaders take the time to get input from all departments, pain points and opportunities for improvement come to light. Setting up a steering committee makes it easier to align procurement goals with overall business strategy, and data collected by the strategic procurement team can lead to a more efficient procurement process for the company.

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3 Must Have TEM Software Features

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3 Must Have TEM Software Features

Valicom’s team sat down to discuss the most important questions to ask during the discovery phase of finding a trustworthy TEM vendor. The discussion started with basic questions, which we concluded could be applied to most technologies. These points also specifically had to do with the software provider’s team and who they work with directly. That brings us to the top two fundamental questions:

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Escape The Attack of Hidden Invoicing Fees!

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Escape The Attack of Hidden Invoicing Fees!

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!

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Valicom's President Reveals TEM Secrets

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Valicom's President Reveals TEM Secrets

We think in-person is much better. Wouldn’t you agree? Here are hot topics in the IT world that are answered by Valicom’s President himself.

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TEM Calculator

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TEM Calculator

Have you ever wondered how much you would save by working with a TEM provider before you actually work with a TEM provider?

There are some general criteria that can help determine how much you would save by using a TEM provider, allowing us to create a TEM calculator for you to use. The items we look at in this quiz are:

Tips for Saving Money Through Accounts Payable

Tips for Saving Money Through Accounts Payable

Running a business is all about managing costs. In all industries, keeping the overhead low is essential. It’s also almost impossible. It feels like costs only ever rise, even while profits like to play their roller coaster games. Ultimately, managing costs gets a lot easier with some specialized help. Telecom Expense Management (TEM) might sound like it has a narrow purview, but it’s really a widespread means of identifying and resolving runaway costs. Despite the name, TEM resources (including audits, planning and software improvements) can revamp all corners of your business, even accounts payable. Here’s how.

How Has IT Evolved?

How Has IT Evolved?

It’s valuable to know how far we’ve come since the beginning of business IT. The most historical information communication is considered to be through cave drawings, and we’ve come so far since then!

Languages were developed, and the first form of information sharing came to the surface. Here is a timeline of the worlds greatest information technology inventions.