Breakthrough Technology Provides Visibility and Control for Contract Management
VeraSMART® 9.0 features a new Contract Management module that allows organizations to control, automate, and gain visibility into contract spend. Off-the-shelf VeraSMART 9.0 helps organizations optimize their telecom network, improve productivity, and reduce telecom expenses.
VeraSMART 9.0 Contract Management module uniquely enables invoice-to-contract validation and order-to-contract compliance. It automates tedious invoice auditing against contract rates, enabling organizations to capture cost savings with significantly less effort. VeraSMART 9.0 captures contracted pricing, allowing organizations to control ordering and telecom spend and to leverage contracted rates, terms, and conditions. VeraSMART 9.0 provides the ability to summarize contract performance information and analyze contract data to proactively manage vendor relationships, and contracts—actionable information required for effective negotiations.
Enabling Technology for Contract Management
- Enables proactive management of vendor relationships and contracts by providing contract performance summary information, analyses of contract data and performance metrics
- Automates tedious invoice auditing against contract rates
- Generates contract invoice threshold alerts
- Online product catalogs minimize off-contract ordering
- Automates process workflows to track and alert IT or Procurement Managers of pending expirations
Continuous TEM Innovation
- Unified inventory management
- Streamlined invoice processing
- Integrated business process workflow
- New expense categories: product type, expense type
- Improved user interface
VeraSMART 9.0 is available for on-premise licensing, as a managed service, and as an enabling technology through Veramark Telecom Expense Management Consulting Services.
A flexible and scalable solution you will never outgrow
VeraSMART scales easily to meet the telecom expense management requirements of small, single location companies to global corporations with offices around the world. Capabilities and capacity can be added seamlessly as the needs of your organization grow and change. VeraSMART can be deployed as part of a licensed, hosted or managed services solution.
For more information about Telecom Expense Management, please contact Veramark at info@veramark.com.