At enterprise-level, the role of the accounts payable (AP) department is among the most important. Inundated with carrier service invoices, AP is tasked with ensuring all bills are processed, recorded, authorized and settled on-time and without error.
Often, this is a delicate juggling act, and should the ball be dropped, significant financial repercussions can ensue. But, thankfully, many of the difficulties AP departments face can be alleviated via the partnership with a dedicated TEM provider. Here’s a closer look at how TEM can help relieve the billing burden.
Knowledge is power. While the originator of this phrase may be often disputed, it’s one that certainly captures the essence of telecom inventory management. This activity can be defined as the tracking and coordination of physical assets and service agreements to better manage telecoms infrastructure and control costs. And the more you know about what you have and how to manage it, the better you can make the most of it and cut costs.
Since the emergence of smart devices, mobile working practices have undergone an explosion of activity. While working-on-the-move was considered fantasy just decades ago, the prevalence of wireless internet and devices has given rise to a wealth of flexible working practices, and the mobile maelstrom shows no signs of calming.
We are delighted to receive the Efficiency First® vendor solution certification for telecom management from AOTMP, the global information, research and advisory firm for telecom management best practices and industry standards.
Managing fixed and mobile telecom assets
Within the world of telecom expense management (TEM), the term provisioning activity refers to any order for a move, an add, a change or a disconnection of carrier service. Often referred to as MACDs, these activities optimize the inventory environment, ensuring necessary resources are active while disconnecting those not in use.