Telecom Expense Management Begins with an Accurate Inventory

Inventory management is essential for the success of any Telecom Expense
Management solution. The constant flow
of new orders and moves, adds, changes,
and disconnects (MACD) make it difficult to
keep inventory counts up-to-date. Maintaining
an accurate TEM inventory is critical to
validating invoices, assigning and allocating
costs, and managing telecom assets. An effective inventory management solution can reduce overall asset costs and related monthly charges.

Veramark's Inventory Management solution utilizes VeraSMART technology to let you manage non-extension inventory (such as wireless devices, laptops, servers, modems, etc.), assign inventory charges to personnel and cost centers, and track inventory status. It integrates seamlessly with the VeraSMART Call Accounting component to give you a unified view of telecom services and IT assets across your organization. There's no limit to the types of inventory your can enter into the system, track charges against, assign to personnel and costs centers, and report on.

"The VeraSMART system helps us keep our telecom inventory up-to-date. Adds and disconnects can be entered directly into the application, allowing us to validate invoices and maintain our inventory with an accuracy that was previously unachievable." Read press release> - Keven Fitzsimmons, Pepco Holdings, Inc.

VeraSMART Inventory Management also integrates with VeraSMART MACD, help desk, and ordering and provisioning workflows to help you maintain an accurate inventory database automatically.

Part of Veramark's Telecom Expense Management Solution

Inventory Management is just one capability of Veramark's Telecom Expense Management Solution. Seamless integration with other VeraSMART components helps you leverage your telecom data and streamline TEM business processes to maximize savings, compliance, and control.

For more information about Telecom Expense Management, please contact Veramark at info@veramark.com