5 Benefits of Telecom and Total Expense Management Solutions for Small to Mid-Sized Businesses (SMBs)
As technology continues to advance, managing telecom expenses and optimizing resources can be challenging, especially for small to mid-sized businesses (SMBs). Globally, SMBs make up about 90% of businesses, but large telecom companies often overlook these businesses despite their need for strategic telecom and total expense management solutions. Most SMBs lack proper IT support, which […]
Empowering Businesses: The Role of Telecom Expense Management (TEM) in Managing Telecommunications and Reducing Costs
Introduction Telecom Expense Management (TEM) enables companies to monitor, analyze, and control their telecom expenses efficiently. Teligistics, a leader in this domain, has been at the forefront of providing innovative TEM solutions, empowering businesses to reduce unnecessary costs and enhance their telecommunications infrastructure. In fact, Teligistics has successfully implemented monthly optimizations for a company, reducing […]
Amidst a climate where companies are looking beyond monetary value as a way to distinguish themselves from the rest, the focus on Environmental, Social, and Governance (ESG) is gaining traction. Companies are no longer being evaluated solely on their profitability, but also on their commitment to making a positive impact on society and the environment. […]
In 2023, inflation has driven an array of business decisions from massive layoffs to increasing the need for cost optimization. The mining industry—and the U.S. energy sector as a whole—is no exception, and this industry faces the added challenge of being volatile to local and federal government regulations. In fact, just a few weeks ago, […]
Discover how telecom bill auditing unlocks cost savings for businesses and how Teligistics’ TEAM® streamlines the process, ensures accuracy, and contract compliance.
Teligistics Auditing Process In telecom expense management, the difference between providers is most evident in the auditing process. An accurate audit of your telecom bills is only as good as the management of your telecom environment. The level to which a Telecom Expense Management (TEM) provider audits is a direct reflection of how extensive the […]
Expense management can mean a lot of different things to different companies. However, when it comes to telecom expense management most organizations can expect a standard of service to meet their needs. These services include basic auditing, inventory management and some variation of ongoing professional management. But are too many organizations settling for the bare […]
The Client A Fortune® 200 service company with over 2,000 locations nationwide and a monthly telecom spend of $1.6 million. This company faced a $1 million contractual shortfall penalty from AT&T however; this was resolved by our subject matter experts. The Challenges This client’s previous Telecom Expense Management (TEM) provider did not have an accurate […]
Here are some of the items from each of these categories that are likely to populate enterprises’ ICT wish lists over the next year.
TEM solutions help businesses searching for telecom services spend their money wisely.