Reduce costs and take control of your telecom expenses

Telecom and IT expenses are among your
top operational expenses — and one of the
most difficult expenses for financial
professionals to accurately manage.
For organizations trying to reduce
telecommunications and information
technology costs, success requires visibility
into telecommunications usage and spend,
and the means to control them. Telecom
Expense Management (TEM) is the methodology
by which organizations manage their telecom network
and related expenses.

Telecom Expense Management encompasses the full lifecycle of an expense, from contract negotiation and sourcing, though ordering and provisioning, to invoice processing and managing disputes. By providing a closed loop on expense management, TEM delivers maximum spend visibility and cost control. Low cost sourcing (through contract negotiation and management), invoice validation, service plan optimization, managing management (accountability through chargebacks), and late payment avoidance deliver hard dollar savings. TEM also reduces operational costs through process automation, effective service order management, and minimizing the expense associated with report development.

Veramark TEM solutions

Veramark enables TEM best practices with solutions for managing telecom sourcing and contracts, ordering and provisioning, invoices and disputes, inventory, and usage. Veramark TEM solutions combine expert services and leading-edge technology to help organizations gain visibility into their communications
networks and reduce expenses associated with their voice, data, and wireless
services and infrastructure.

"We sought out an enterprise solution to help us automate day-to-day manual processes, eliminate duplication of effort, do away with department-centric  databases and spreadsheets. VeraSMART addresses all our telecom expense management needs while saving ISC time and money." Read press release > - Brandon McNulty, Director of Technology, International Speedway Corp.

Veramark TEM solutions leverage the VeraSMART Telecom Expense Management Suite, which provides centralized data management, workflow automation, business intelligence, and reporting capabilities. Our solutions provide visibility and control for managing complex unified communications networks on a global scale. Delivering innovative solutions to small, mid-size, and enterprise organizations, Veramark offers flexible delivery options that includes licensed software, hosted SaaS (Software as a Service), managed services, or full Business Process Outsourcing (BPO).

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