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Telecom Expense Management (TEM) OverviewTelecom Expense Management (TEM) encompasses a comprehensive set of challenges for handling telecom invoices, information, procurement, and sourcing activities. Invoice Insight's flexible approach to TEM enables you to achieve immediate telecom cost reduction and sustain those reductions over time.
1. Telecom Invoice ManagementHow You Validate and Pay for What You Use and Own
High volumes of complex invoices from multiple vendors, each with unique billing formats and media, create an administrative nightmare for many businesses and government entities. In many cases, telecom and accounting staffs are tasked with the impossible: process bills on time, validate, allocate, and fix the billing.2. Telecom Inventory & Ordering ManagementWhat You Own and How You Manage Change
Telecom inventory is a constantly moving target. New orders, deletions of existing services, moves, modifications to underlying features, and other changes create challenges for effective telecom expense management. Invoice Insight believes that for organizations with high rates of change, ordering and inventory management is the logical next step to a mature TEM solution.
3. Telecom Usage and Behavior ManagementHow You Use What You Need and Own
Some service costs are usage sensitive. Wireless is a common example. Once managers and individual users develop a clear understanding of how usage and behavior affect costs, behavior modification helps control costs and reduces fraud and abuse.
4. Telecom Contracts/Sourcing and Compliance ManagementPrice and Terms for What You Use and Own
Managing contracts and sourcing presents multiple challenges to large enterprises. Do you have a centralized repository for all agreements? Scanned copies of originals? Is there an alert system that reminds you of pending contract expirations? Shortfalls? How do you assure compliance with the contract that you spent so much energy to negotiate? How do you understand what you are using in enough detail to negotiate confidently with your vendors?
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Invoice Insight is a leading provider of automated telecom cost management and telecom expense management solutions. Through BillPort™ technology and on-demand services, we help organizations with their telecom invoice management, telecom inventory management, telecom service ordering, telecom audit and contract management, telecom sourcing, telecom procurement, telecom MAC/D, and other telecommunication management needs. We help enterprises achieve telecommunication cost reduction using BillPort™ TEM technology or our telecom consulting and telecommunication audit automation services. We also provide e-gov (e-government or electronic government) solutions to Federal agencies, including government invoice processing, Federal expense management solutions, government telecom management software and other Federal, state and local government expense management and invoice management solutions. Terms and Definitions. Click to download the Free Macromedia Flash Player 7 Invoice Insight Corporate: 703-334-0070 © 2003, Invoice Insight, LLC. All Rights Reserved |