What is TEM?
If you were asked what you are paying for a specific set of services, or all services/technology at a specific location, what would you have to do to pull that information together?
A complete technology expense managment (TEM) solution includes software, audit, and support components. These components work together to provide clients with a complete inventory of their technology spend while reducing risks and costs associated with shelfware, late fees, overcharges, invoice/contract management and negotiation, and the general complexity of modern enterprises.
A Deeper Dive
Our TEM solution gathers invoices and contracts to ensure timely payments and permanently removes the pain, and soft costs, of dealing with paper invoices. Implementation of this service is a quick and painless process as the software integrates with almost any ERP/AP system. The inventory provided allows businesses to report and filter expenses down to the site or AP/GL code, through a single pane of glass, so they always know what they are paying and where their assets are located. This newfound visibility enables management to optimize budgets and slash unnecessary expenses associated with unused devices, licenses, and services.
Could You Benefit?
There are a variety of TEM options out there but TDM’s enterprise solution is best suited for clients with telecom and technology spends of $50,000.00 or more per month. Our global and multilocation TEM clients have found this solution particularly valuable due to the complexity of their businesses and the flexibility with which we may offer the TEM services. Typical annual savings with our solution can be anywhere from 15-40%, and clients may even find themselves eligible for credits from incorrect carrier invoices. This is truly a complete product that puts you in the driver’s seat. Even if you are currently working with an expense management service, you may still benefit from our TEM solution.
Please reach out if you would like to schedule a consultation where we can explore the fit of your needs and our solution.
If you still find yourself thinking “this solution can’t possibly handle all of our technology,” see below for a list of some specific items our TEM can help manage:
- Internet circuits • Local Voice circuits • SD-WAN services • Data Centers/Colo • MPLS services • Servers/Endpoints • Conferencing Services/Eqpt. • Network Eqpt. • Software Licenses • Data Lines • PBX and Virtual PBXs • Tablets and Mobile Devices • Lease/Maintenance Agreements • VOIP Equipment/Services • Etc.