For the IT/Telecom managers out there, if you're not already doing so, this may be the best time ever to get out your TEM and start using it. If you don't have a TEM, it's time to get one! TEM, as you may know, stands for Technology Expense Management. And, while, in its native form, it's been around for a while, few would argue that it's needed now more than ever. That's because it handles much more than phone expense. Today's TEMs can track and bring visibility to all data produced by the various platforms and apps that serve your end users. That means telecom, IT, IoT and other emerging communications entities.
Here is how TEM is helping companies control their annual IT/Telecom spend cross the enterprise:Enter heading here...
- Provide an accurate inventory of all IT/technology services, vendors, contracta and expenses.
- Automate your entire IT/technology expense process.
- Manage your IT/technology budget.
- Track billing disputes and recoveries with vendors.
- Provide flexible reporting tools (on-prem or web-accessible).
The cumulative impact of effectively using a TEM is to save thousands to hundreds-of-thousands of dollars off your annual spend. For those organizations that have been hit hard with fallout from COVID, that's welcome news. Of course, it is important to make sure that your TEM can plug into any environment as installed software or hosted through the cloud. It should also be easy to use and centralized so that others can use it as well.
At TTI we've been working with IT/Telecom leaders to help them organize and control costs for over twenty years. We know your world and how to navigate through the complexities of new services, new technologies and all the costs associated with them. We welcome you to contact us with your challenges. Chances are, we've been there and can help you get your costs under control as you work hard to move forward and fuel a strong recovery for your organization.