What is TEM?
Download as PPTX, PDF1 like874 views
Telecom Expense Management (TEM) involves overseeing wireless, voice, and data services to mitigate risks and reduce costs, as many companies are unaware of their actual telecom expenditure. TEM enables organizations to efficiently manage their telecom expenses through software and professional services, categorized into wireless, wireline, and data environments. The benefits include significant savings, streamlined operations, and reduced risk through improved compliance and accuracy in expense tracking.
What is TEM?
- 1. What is TEM?
- 4. Definition Please! Telecom Expense Management “Telecom expense management means managing your wireless, voice, and data environment with the goals of reducing risk and cost.”
- 5. Did you know? • Most firms do not know their annual telecom spend. • Those that have some idea of their spend, are ~20-50% off.
- 6. TEM Allows organizations to take the reins on their telecom expenses through software and professional services.
- 7. Putting the Pieces Together Telecom expenses are categorized into three buckets: - Wireless - Wireline - Data
- 8. Wireless Environment If you have a mobile phone, tablet or any other device without a wire it is considered “wireless” Companies are experiencing an explosion of wireless devices, and mobile expenses are skyrocketing. Managing voice, data and wireless is an enormous task.
- 9. Voice Environment Voice means “fixed” or “wireline” Even in this day of wireless everything, we'd bet that almost every desk in your building still has a phone sitting on it. Imagine the potential cost savings of proactively managing that environment.
- 10. Data Environment When information (data) is sent from one point to another through a circuit. Examples of data: Frame relays MPL Text messaging, etc.
- 11. Benefits of a Telecom Management Solution
- 12. Improved Profits • Identify significant savings on your telecom expenses • Eliminate fraud and unauthorized charges • Identify errors and recover funds
- 13. Streamlined Operations • Employees can focus on their top priorities • Streamline order fulfillment, auditing, asset management, and payment processes • Realize more efficient use of employee time
- 14. Reduced Risk • Assure corporate business policy and regulatory compliance • Increase accuracy in expense tracking and reporting • Achieve financial goals through no-risk investment models