Home | Downturn is perfect time for TEM

Downturn is perfect time for TEM

07 December 2009

Businesses could save up to 30% of their annual telecoms budget by turning to Telecommunications Expense Management (TEM).

IT specialists at national law firm Shoosmiths say TEM helps organisations audit and manage telecoms budgets, thus freeing up resources and putting in place foundations for future contract negotiations.

TEM uses knowledge and software to create processes that businesses control and forecast telecommunication and data based costs and expenses.

Businesses using TEM can save an average 20-30% of their annual telecom, data and VoIP spend, and it can be achieved by:

• centralisation – organisations operating across wide geographical areas can find it difficult to ensure a consistent approach to orders and invoicing. Centralisation creates a dedicated team in one location ensuring IT auditing resources are not overstretched

• software can create a real time inventory of telecom usage, so organisations can match up invoices with actual usage, correcting billing errors at the earliest opportunity

• TEM enables organisations to analyse every invoice and understand fully its individual telecom needs, so services can be ranked by importance and placed with trusted vendors. 

Solicitor Ryan O’Sulivan said: “In uncertain times cost saving has never been more important. Through TEM you can ensure your company is paying the right price for its telecom usage, and place your business in the best possible position for future telecom tender negotiations.”

For further information please contact:
Name: Alastair Gray
Phone: 03700 864096
Email: Alastair.Gray@shoosmiths.co.uk

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