The expectation to cut costs and track payments can put major pressure on management to perform. If managers, directors, CFO's and COO's are still using manual methods like spreadsheets, they're likely to make a critical error, throwing off budgets. Managers can expand their capabilities and do so much more with expense management solutions.
Imagine this…a five hour flight from Minneapolis to San Francisco with in-flight wi-fi. What does it mean for your employee? Five hours of Angry Birds and Candy Crush? Hopefully it means five solid hours of productivity. Five hours to answer emails, and accomplish the things you just can’t get done in-between meetings and phone calls.
When it comes to business operating expenses, it’s no surprise that communication (aka: telecom lines, wireless, internet services) costs often are at the top of the list! And yet in our experience, so often these costs go completely unmanaged. Can you imagine $10M+ of telecom spend, with little monitoring or active management?
The process of changing mobile devices, plans, and carriers can be overwhelming. A lot of questions arise when it comes to choosing a new devices. Why? Because you will live with the decision for ~2+ years… unless it takes a trip into a puddle, or you break your screen beyond repair. Anyways, if you upgraded in the last few years, you probably had a choice between a 3G and a 4G device. So which did you choose, and how did it impact you?
Good morning! It’s Monday again, and this week we have another Slideshare presentation for you. Are your telecom expenses a tangled mess? Who’s managing the invoices, contract negotiations, and billing? Streamline these telecom pieces, and save yourself a headache and a little cash.
SlideShare number two is now on Valicom’s SlideShare Channel! This latest SlideShare provides information about current trends that will affect businesses now and in the long run. Don’t fall behind just because you’re not informed. Inform yourself now, by viewing this intriguing slide deck:
Often in organizations, telecommunications expenses are allocated at too high of a level, without regard for the type of usage or the purpose of the service. This kind of high level accounting can short-circuit existing internal incentives that are designed to reduce expenses.
At first TEM programs only focused on telecommunications lines and the bills from carriers. As the telecommunications world has expanded so has the discipline. A number of other practices now fall under the umbrella of TEM.
For those unfamiliar with the term, TEM stands for telecom expense management. Essentially, it means managing your wireless, voice, and data environment with the goals of reducing risk and cost. This is a process you can do yourself, or you can partner with a TEM firm to do some or all of it for you. But how did TEM arise in the beginning?
Telecommunications management has undergone a radical evolution the past few years, and new security, privacy and pricing trends are making “business as usual” almost dangerous. After 23 years doing telecom expense management, Valicom has seen enough of the industry’s history to be very alert to trends and fads. To address these trends, and give a solid overview of where the industry stands and where it’s going, they recorded their webinar “Telecom Expense Management 2014: Trends & Best Practices” and it is now available to stream.
Wireless expenses may be the stuff of telecom manager nightmares, but wireline costs remain an expensive skeleton in the closet. Valicomfinds that its clients are wasting between 10 and 30 percent of their annual wireline budgets. Unnecessary business lines, unused circuits and illegitimate third-party charges mean many firms are overpaying for services, often for many years.
We all know that it’s a lot easier to use tried and true tactics, going down the same path every day, rather than tackling anything different. Heaven forbid – you might have to learn something new! But the price you pay for stagnation can be huge. New techniques arise, best practices evolve over time, fresh technology comes out…. Your competitors are probably on board. The 25-year old guy in the corner cube who wants your office is probably on board. You better get on board too, or the boat is going to leave without you.
Born with the mission to raise awareness, improve the quality and value of solutions and cultivate shared industry knowledge for telecommunications management, telecom expense management (TEM), wireless Expense Management (WEM) and mobile device management (MDM) solutions, The Telecom Expense Management Industry Association (TEMIA), has proposed a new broad umbrella term to describe the industry and invited the members and other market participants to adopt it.
Telecom expense management software and services firm Valicom is pleased to announce its membership in TEMIA, the telecom expense management industry association. Delivering excellence in telecom and wireless management since 1991, Valicom has always strived to be a leader in bringing expertise and technology to the market. By joining TEMIA, it can better help shape the future of the TEM industry and educate mid-market to enterprise size firms on the benefits of a strong telecom management program.
Valicom, a twenty year veteran of telecom expense management, reports continued high client satisfaction survey scores with its third quarter 2011 results. A strong combination of web-based software, flexible delivery options and excellent, experienced Telecom Audit teams creates an environment for client success, savings and satisfaction. The client satisfaction scores were 3.89 on a 4.0 scale, a record high.