Imagine you’re buying a house. Your first step would be to create a list of criteria for your realtor to help find a home that meets your needs. These criteria might specify a particular location, price, size, floor plan, or feature, such as a fenced-in yard, that is important to your family. Imagine what would …
Right to the head of the class if you know what OPM is, as you are clearly in the 1%. Before I tell you what it is, I will tell you what it’s not. You will not find it on an annual report or in an Excel spreadsheet as an expense line item. There is no …
Whether you are a small business owner or a CFO of a large corporation, you have the same basic goal in mind: profitability. You are constantly weighing expenses against earnings, and trying to minimize expenses without cutting corners whenever possible. Telecom is a necessary expense for any business. Understanding your telecom charges so that you know exactly …
A Comprehensive Analysis of Your Telecom Charges Read More »
Even if you are well acquainted with the telecommunications industry, there are so many different subfields that you may not be aware of some money-saving technologies. WDM, or wave division multiplexing, is a great way to maximize your investment in privately-owned lines and also a very advantageous service should you decide to purchase it from …
What is WDM & What Does it Mean for your Company? Read More »
Manual telecom audits, as opposed to TEM software, employ the knowledge of an auditor (or a team of auditors) who do a thorough search through all of your company’s telecom related bills in order to find billing errors and identify cost reduction opportunities. Audits can generally take place every 12-18 months, with some audits offering …
Global telecom expenditures recently surpassed $5T, and in the last few years alone, nearly $2B of that was composed of TEM software sales. Clearly, it’s critical to understand the role of TEM in telecom expense management. Telecom expense management (TEM) software basically processes and organizes the large amounts of data created by your telecom billing …
Understanding TEM Software: Who should use it & when? Read More »
