A large number of companies don’t know their annual telecom expenses, according to a white paper published by a leading research firm. Telecom expenses are among the top five corporate spend categories. The average Fortune 500 company spends over $116 million per year on telecom services.
Most of the lists of connections, users, locations, spend and vendor contracts are in excel sheets and floating around in email across organization locations and in inboxes of changing admin/telecom/finance managers.
For many organizations, the constant activity around service changes encompasses a variety of technical, financial and operational activities.
We can give you the automated tools you need to handle all your IT and telecom inventory.
Mobile devices and technologies are proliferating in the enterprise, with mobile expenses growing twice as fast as the rest of the telecom expense management (TEM) market. In addition, the consumerization of IT is ushering in new trends, such as “Bring Your Own Device” (BYOD), multiplying the telecom management and security challenges facing enterprises.