Top 3 Difficulties That a TEM Solution Can Solve!

Telecom Expense Management has become an important solution that small to medium sized companies are turning to in order to cut costs on their telecom expenses. On average companies that are switching to TEM are able to cut costs on the telecom bill by 25%. So what is the exact challenge that companies are facing? It’s simple; it is hard to manage your internet and telecom costs when you are attempting to manage multiple providers in multiple locations. TEM manages all features ranging from your usage, cost allocation and even invoices. By getting a hold of your expenses you will avoid unnecessary costs that may be thrown your way. Although switching to TEM may create some questions we are going to discuss the top three telecom expense difficulties and how a TEM solution can help! When you make the switch you will be relieved to find out how simple and beneficial TEM can be.

The first problem that a company may face is manually validating your telecom invoices. Billing errors tend to occur on many levels due to the level of complexity of keeping track of the usage. When lines are not in use you may be paying for them and therefore spending money you could be saving. The TEM solution will categorize your company’s telecom inventory and keep track of lines that are in use and lines that may not be. By doing so companies are saying they have been saving on average 20-30%. A good TEM provider will validate and identify billing errors as they happen.

Another problem is inaccurate telecom inventory. If you are unaware of your inventory how do you plan to manage your telecom expenses? Oftentimes disconnection of services may not actually be removed from invoices which in result lead to overspending. So with a TEM solution your entire inventory is essentially stored in one place and monitored for accurate charges. A TEM solution will manage your inventory so that you aren’t forced to do so manually.

Lastly, with TEM you can avoid that labor intensive telecom invoice processing. You may be unable to get rid of all of those paper bills, but with a TEM solution, you will be switched to electronic billing and in essence will improve accuracy of all of the data that is entered into the system. This will also reduce your time spent getting your bills in order and keeping track of all of your documents. A good TEM solution will provide invoice management along with integrating electronic billing to simplify your life.

So when you are ready to make the switch, contact AeroCom and let us do the shopping for you. We will find you some of the best quotes and pricing from your preferred TEM provider.