Telecom Expenses

Strategic Synergy: How CFOs Can Drive Transformative Change Through Partnership with Technology Expense Management (TEM)

Strategic Synergy: How CFOs Can Drive Transformative Change Through Partnership with Technology Expense Management (TEM)

The Chief Financial Officer (CFO) has transitioned from merely overseeing financial matters to being a pivotal catalyst for organizational change. With the growing intricacies in today's business landscape, CFOs now play a vital role in guiding their companies toward strategic choices that boost both profitability and efficiency. A cornerstone of this transformational approach involves partnering with Telecom Expense Management (TEM) entities. Let’s explore how this collaboration can lead to transformative changes for you and your clients.

, , ,

Telecom Expense Management Market Size 2021

, , ,
Telecom Expense Management Market Size 2021

The Telecom Expense Management Market, estimated at $1.45 billion in 2019, may reach $1.89 billion by 2027. That represents a compound annual growth rate (CAGR) of 3.65%. Another study, adjusted for the impact of COVID-19, projects a CAGR of 14.5% through 2025.

Telecom Expense Management has become an essential part of the tech stack at companies of all sizes and across most industries. Two transformative trends mostly drive this:

  • Increased need for efficient TEM practices

  • Expansion of business telecom infrastructures

If you need assistance with your telecom expense management, contact the experts at Valicom to tailor a solution for your company.

Continuous Care for Our Clients

Continuous Care for Our Clients

Our customers are our number one priority - It’s the combination of a great team and continuous feedback from our clients that allows us to adjust and improve to ensure a top notch customer experience. One of the ways we collect data from our clients is through a customer satisfaction survey, sent out on a quarterly basis. Our survey is based on 8 specific categories:

The Perfect Recipe for Savings on Technology

The Perfect Recipe for Savings on Technology

What is the perfect recipe for TEM? Valicom has been perfecting their TEM software and services for over 28 years and have broke it down into four simple steps for you. 1. Outline all IT assets 2. Disconnect and remove wasted inventory 3. Track contracts and and invoices 4. Identify and eliminate late fees and errors, saving time and money!

, , ,

Pop Quiz! What Are Your Next Steps for TEM?

, , ,
Pop Quiz! What Are Your Next Steps for TEM?

If you are looking for ways to increase productivity and save money, taking the next step toward better telecom and technology management is the perfect way to do so. What are the next steps you ask? Well, it really depends on your organization, your specific environment and needs, and your previous experience with telecom and technology expense management.

Our “Next Steps for TEM” Quiz is a great place to start in figuring this out!

,

VIDEO BLOG: How to Take Control of Your Bloated Telecom Expenses

,
VIDEO BLOG: How to Take Control of Your Bloated Telecom Expenses

New technology and tools are adding complexity to the telecom space, making it difficult to accurately track expenses. With so many elements under one umbrella, it can be easy to lose track of services that are no longer valuable or are overpriced. Organizations must take back control of unruly telecom expenses to cut costs.

SUBSCRIBE FOR WEEKLY BLOG UPDATES

5 TEM Questions to Ask Yourself

5 TEM Questions to Ask Yourself

Happy Monday! Today we’re excited to share our latest white paper. The “Five Questions to Ask” white paper includes key tips and prompts to help your organization take control of your telecom expenses. If mobile devices and expensive data plans have invaded your team, or your wireline invoices are a tangled mess, we can help. Discover proper telecom management processes by asking yourself these five simple questions.

Don't wait until your next Telecom RFP to get prepared

Don't wait until your next Telecom RFP to get prepared

As we discussed in our recent webinar “Plugging the Leak: Software Tools and Strong Tactics to Contain Telecom & Wireless Costs”, telecom contract RFPs and negotiation are the #1 way to save money on telecom.

CompTIA Annual Meeting Wrap Up

CompTIA Annual Meeting Wrap Up

I attended the CompTIA annual member meeting last week in Chicago, and – other than the obscene $54 parking rate at the hotel – found it to be a great time.   CompTIA is the Computing Technology Industry Association, essentially a clubhouse for IT service providers, VARs, resellers, MSPs and OEM reps.

Mergers and Acquisitions: Be Proactive!

Mergers and Acquisitions: Be Proactive!

In telecommunications we know there are an endless stream of merger and acquisitions with vendors (a couple very recently). This can create a lot of potential headaches, but it’s also important to leverage these events as opportunities when looking for cost savings.

Telecom Expense Management Firm Valicom Celebrates 20 Years of Client Savings

Telecom Expense Management Firm Valicom Celebrates 20 Years of Client Savings

Telecom auditing and expense management firm Valicom celebrates a landmark anniversary, having helped clients control telecom costs for twenty years. Founded in January 1991 as a certified woman-owned business (WBE) , Valicom has worked with SMBs and enterprise clients to reduce telecom expenses, gain control over telecom inventory and process and pay telecom invoices. Having launched their telecom expense management software Clearview in 2010, they look forward to their next phase of growth utilizing Clearview to assist IT and telecom consultants in building robust telecom expense management practices of their own.

, ,

Tracking Systems Used By Telecom Consultants Today

, ,
Tracking Systems Used By Telecom Consultants Today

This is a follow-up to my previous blog entitled “Telecom Expense Management Portfolio Expansion For Consultants” and the third in a series of blogs that outline the results of Valicom’s telecom consultant survey that was sent out to a nationwide group of independent telecom consultants in August, 2010 on this subject.

Leave it to the Experts... like my lawn.

Leave it to the Experts... like my lawn.

It’s all perspective, isn’t it?  I mowed the lawn once last summer.  I did a really bang-up job, too, if I don’t say so myself.   Before I started, I canvassed the yard and picked up all the sticks.  Then,  I made sure I made nice straight lines in the mowing lanes and even sprayed off the mower when I was finished.  I was quite proud of my work and then started in with the weed-whacking.  Man, was I ever in for an education.

,

Treat the cause, not the symptom

,
Treat the cause, not the symptom

Just as with medicine, companies often make the mistake of treating the symptoms, not the causes, when it comes to their telecommunications audit practices. When approaching a telecommunications audit project, it’s important to first identify all of the potential ways that the telecommunications spend could be made more efficient, and cost effective. This could be compared to a basic physical performed by your family doctor. The purpose is to get a baseline understanding of the overall health of the telecommunications spend and to identify broad areas that require additional focus and improvement.

Counting Every Stroke….adds up

Counting Every Stroke….adds up

Spring is in the air, the courses are opening, and I cannot WAIT to get back to playing the game of golf that I love so very much.The only thing I dread?  My putting. It’s horrible. Seems like no matter how much I practice, I pull it left or right. I have this awful, sinking feeling when I pull my putter and prepare to hit.   It never fails, I three-putt almost every hole.