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In my last blog entitled "To SaaS or Not To SaaS...??," I provided just a few of the advantages of utilizing on-demand telecom expense management software. Those outlined were just the tip of the iceberg. Here are a few others.
 Software-as-a-Service, or SaaS, can be easy-to-learn and simple-to-use, while still possessing robust capabilities. Through online training and client support teams, the user can expand their use of the tool as their knowledge increases. Upgrades are installed automatically as they are rolled out, usually at no additional charge. SaaS telecom expense management solutions can scale up or down with the users’ volume requirements. And SaaS TEM technologies come at a much lower price point than more traditional TEM solutions. Thus SaaS is a low-cost way to access the low hanging fruit of expense reduction without the infrastructure, IT support, and high learning curve required with on-premise software.
There is also the issue of deployment time. According to recent analyst research, it can take anywhere from 8 – 10 months to implement traditional telecom expense management applications. This can be dramatically reduced to days or weeks with SaaS because of the ease of deploying a web-based solution vs. on-premise or outsourced options. Custom reporting can be easily configured and installed at any time, as the product is delivered online. In addition, SaaS tools can capture and analyze usage and fixed costs from billing and produce exceptions reports, outlining potential errors and other savings opportunities. Clearview, Valicom's self-service telecom expense management software, offers these benefits and many more!
While there are many benefits, there are some potential drawbacks of telecom expense management software-as-a-service. To learn about these disadvantages and how you can mitigate them, register for Valicom's whitepaper entitled "Can TEM SaaS Solutions Lower Your Telecom Expenses For Mid-Market Companies?" OR register to watch the streaming telecom expense management webinar sponsored by Valicom about this topic.
For many companies, the best approach for managing telecommunications expenses and reducing costs, is to outsource the whole process to an experienced TEM consulting firm. Often, in these engagements, the focus is primarily on auditing and cost reductions. And while these activities are certainly paramount to an TEM project, there is another equally important side to these engagements. Most TEM firms can achieve cost reductions and provide standard auditing services for their clients - they wouldn't be in business if they couldn't. But only a few, such as Valicom, bring a truly unique and personalized approach to the TEM engagement. Valicom's project teams pride themselves on learning your business and becoming a seamless extension to your staff. Having this kind of relationship with your TEM firm means that you will realize more savings and cost reductions, while incurring less disruption to your internal processes, and enjoying a more transparent project. So when it comes to selecting the right TEM firm to meet your needs - make sure you consider the culture aspect of the firms in question. Finding a TEM like Valicom can go a long way to establishing a foundation for success for years to come and providing a solid shared strategy for continued cost reductions and expense management.
OK, excluding the wide array of jerky products, what’s the coolest thing about the 7-11? Easy: it’s ALWAYS open.
In all the hubbub over Telecom Expense Management, one subject that gets lost is the topic of openness. In other words, does your telecom management solution truly support the way YOU do business?
Asking a TEM software vendor to perform modifications is fine and, sure, sometimes a few tweaks are needed in order to ensure you can reach your strategic cost reduction goals and get the telecom expense analysis completed accurately and expeditiously. Still, there’s something to be said for understanding what your telecom expense management software was really engineered to do. Some specifics in this regard include:
- Does your telecom expense management system handle only carrier expenses or can it also house peripheral items like phone system leases, hardware specs, and other areas that should logically be grouped with telecom carrier expenses?
- Is your system equipped to handle your current account coding structure and expense allocation strategy?
- Is it flexible enough to adapt easily if your business environment changes?
- If you outsource telecom management functions, can your provider adapt to changing needs for telecom expense reporting and trending?
- Can your telecom software mimic the workflow your company uses to process telecom invoices and related data?
These are all key questions to consider in evaluating telecom expense management solutions and, again, openness is the key to the lockless door at the 7-11. -SAM
www.valicomcorp.com
As with so many industries, the TEM industry has fallen victim to overstated claims and bloated features. Over the past 10 years, as more and more TEM startups have formed, the need to differentiate has become ever more important.
However, while so much has changed in the ways that telecommunications expense management firms market their services and products, the core goals behind the industry have largely remained the same: lower telecommunications expenses.
Considering this, while reviewing a particular TEM's long list of feature's and benefits, it's important to continually ask yourself which items actually lend a direct advantage to realizing the greatest reduction in cost, as quickly as possible.
Once you've narrowed that list down - the only question left to answer are more traditional. What kind of culture does this company have? What are the company's values? Does the company have a clear vision that drives the core goals?
If you're not careful, it's easy to get caught up in all of the bells and whistles - most of which probably won't change your bottom line all that much. And in all of that distraction, it's easy to forget to evaluate some of the more low-level, core aspects to the TEM you are considering selecting.
Recently, I have had the opportunity to talk with quite a few companies and their executives regarding their views on telecom expense management (TEM). Some have had previous experience with a TEM provider and others have not. The companies that have had previous experience communicated the following concerns: - The engagement was purely Contingency. This is a model where the company does not spend any money up-front. Instead, the TEM provider receives a percentage of the savings obtained.
- The Contingency approach can cause animosity between the company and the TEM provider. Sometimes large savings are discovered and there can be disagreements regarding who found the savings opportunity.
- TEM providers have not produced the expected results.
- The costs are too expensive.
- The software or tool is too complicated and require dedicated staff to stay current.
- Too many times vendors try to take a "one- size-fits-all" approach.
The challenge for companies that have had a bad past experience with telecom expense management, is to pursue an offering that can overcome the hurdles from the past and create a scope of work that will lead to a successful relationship for telecom expense control. Understanding the specific pain-points within the company, as it relates to telecom cost reduction, is still the key to the initial steps in a successful expense reduction analysis. Please consider reaching out to a representitive at Valicom for a " Clearview" of your company's telecom expense.
 Just as with medicine, companies often make the mistake of treating the symptoms, not the causes, when it comes to their telecommunications audit practices.
When approaching a telecommunications audit project, it’s important to first identify all of the potential ways that the telecommunications spend could be made more efficient, and cost effective. This could be compared to a basic physical performed by your family doctor. The purpose is to get a baseline understanding of the overall health of the telecommunications spend and to identify broad areas that require additional focus and improvement. During the next phase however, it’s critical to not just try to recoup savings and credits, but to also make adjustments to both how the company’s telecommunications technologies are implemented and billed, but also to how the company itself manages those assets and invoices. The message here is that a preventative approach is ideal for both an individual’s physical health, as well as achieving a prolonged and sustained cost reduction model for a company’s telecommunications expenses. By identifying the causes of errant costs and misguided uses of technology, a company can move forward with a stronger sense of what needs to be done to stay on top of keeping the company’s telecommunications expenses as low as possible.
Sometimes the critical success factor in telecom cost reduction efforts may all come down to the approach or the "framework" used to guide the process. How does your company stack up? Do you have the focus required to target your specific objective? Telecom cost management is not necessarily as easy as it sounds. This process requires a vast amount of industry experience and knowledge.  During a recent webinar, where Aberdeen shared information specific to the TEM industry, they reviewed their methodology for identifying " Best in class", Industry average and Laggards. They refer to their framework as P.A.C.E. Which category do you want to be classified in? Who sets out to be average?
P.A.C.E. stands for:
Pressures: top-down desire to reduction telecom costs Actions:what action are you taking to realize the reduction and control? Capabilities: - Process
- Organizational
- Knowledge Management
- Performance Management
Enablers: 
How much money can your organization stack up using the best in class methodology? Identifying the "action" to be taken, then "acting" on it is the key. Don't miss the opportunity to reduce telecom expenses before the fiscal year end. there is still plenty of time if you take action now! Knowledge is power...
Within the Telecom expense management (TEM) industry, there are many claims around cost telecom expense control, strategic cost reduction and wireless optimization; all leading to reduce telecom expenses via an effective TEM tool and proper attention to the management of this important business function. I recently read an article published by Avaya Communications (Carolmm), endorsing the need for seeking out a reputable TEM solutions provider. " My point is, you must get control of your telecom expenses in order to avoid a tremendous amount of waste. You might have people on staff that could help, but unless they are trained, and have the skills and tools, they will be fighting a monster in the dark. The best option is to have a professional Telecom Expense Management team be responsible for the task of wrestling your telecom system into submission." I am including the full article for your reference. They have laid out important questions you should be asking yourself for your organization. Your time is worth the quick read. Ask Yourself These Questions About Your Company's Telecom Expenses J. Jeffrey Poirior
Over the last decade, most organizations have reclassified their internal telecom expense management as an IT function and handed the responsibility to an already overburdened IT staff that is generally not knowledgeable about telecom services. In addition, a well-managed internal telecom expense function involves a cooperative effort between the IT/Telecom staff and the Accounts Payable staff. This also requires streamlined, well-defined and automated processes. With the complexities of telecom services including tens, hundreds or thousands of monthly invoices, circuits or devices, using spreadsheets and other manual processes for managing telecom expenses has added to the challenges of in-house telecom expense management for most businesses today. This underscores the need for the automation of TEM processes whether in-sourced or outsourced. According to Gartner, “at the heart of any TEM offering is an automated software platform used by the business or by an external service provider managing a company’s telecom invoices and assets.”
There are also many market pressures that are driving the need for TEM investments for enterprises today. According to Aberdeen, these include “financial regulations (SOX compliance), implementation of new technology, globalization, carrier consolidation and security concerns (wireless e-mail/PDAs with sensitive data that is not centrally managed).” In addition, the economic climate is driving the need for cost reduction in areas that were otherwise ignored in past years. Because of these reasons, it is difficult for corporations to get their arms around their telecom expenses. According to Aberdeen, “most firms manage less than 67% of their telecom expenses.”
Clearview, Valicom's telecom cost management software, is designed to address today's market pressures and client's needs for TEM automation. The system workflow is built to incorporate best practices and tools for greater operational efficiencies, telecom expense control and strategic cost reduction. Contact us today for a free Clearview demonstration!!
Too often, we have a tendancy to get caught up in the challenges and pressures of running the business, information technology (IT) and telecom, to the point where the organization can make things more complex than they might have to be regarding expenses.  How well is your company performing strategic cost reduction and expense analysis? Do you have total control of your telecom expenses?
The Free Dictionary by Farlex:
control [kənˈtrəʊl] vb -trols, -trolling, -trolled (tr) 1. to command, direct, or rule to control a country 2. to check, limit, curb, or regulate; restrain to control one's emotions to control a fire 3. to regulate or operate (a machine) 4. to verify (a scientific experiment) by conducting a parallel experiment in which the variable being investigated is held constant or is compared with a standard 5. (Economics, Accounting & Finance / Accounting & Book-keeping) a. to regulate (financial affairs) b. to examine and verify (financial accounts) 6. (Law) to restrict or regulate the authorized supply of (certain substances, such as drugs)
Sometimes seeing a reminder of a definition like this one for "Control" can help us to refocus on what is important and lead us to make sure that we do have telecom expense control. Does your organization have the proper controls and tools in place to manage this important function?
Valicom is ready and waiting to help you gain control and reduce your telecom expenses now! Through the depth of our services, we are uniquely positioned to provide you with the options and tools to manage and control you telecom expenses. - If you want to totally outsource your telecom expense management, Valicom has the experience and expertise to serve you
- If you are more comfortable outsourcing a portion of the telecom expense management activities; such as auditing, optimization, etc. Valicom has the experience and knowledge to serve you.
- If you feel you have control over this function and only need a tool to enable automation to streamline this important function and associated activites, then Valicom has the experience and knowledge and now the tool to serve you.
The choice is yours... but, make the choice to begin reducing telecom expenses now. The expense management solution you and your company selects will enable you to gain control. Decide to start or enhance your control today.
During my 25 years of experience in running IT and telecommunication in manufacturing, complex services, consulting and government, most of the companies when asked did not know how much they spent annually on telecommunication services. This includes wireless devices, wired devices, data and voice circuits and their total telecommunication related inventory. Knowing the answer to that question is the first step in achieving true bottom-line business cost reduction. When a company is not aware of their telecom spend or is not organized in a way to make this possible then strategic cost reduction is not easily achieved. The key to any process improvement or strategic telecom cost reduction initiative is to understand all the components that make up the telecom expense control. Then you focus on the components that consume the most resources or expenses and generate options that lead to a reduction in annual telecom expenses and improvement in telecom services. This should not be a difficult process with the right telecom expense management system. Does your company have an automated tool that provides expense analysis? Contact Valicom today for more information!
How big does your organization need to be to benfit from Telecom Expense control? What tool do you utilize to manage this function? Are you using a spreadsheet? How about telecom cost management software? Typically, there are plenty of soultions out there from pure outsourcing to expensive telecom expense management ( TEM) software that requires a ton of care and feeding.  The fact is with the Software-as-a-Service (SaaS) technology, your options to benefit from TEM software at a fraction of the price of outsourcing, is now available and ready for you to reduce telecom expenses for both wireless and wired. Should you be concerned with Telecom expense management? If an average reduction in annual telecom spend of 30% is important to you, then you should be concerned.  Valicom now offers their Clearview-as-a-Serivce (CaaS) SaaS solution to most companies, regardless of the size of their annual spend. Consider a demonstration of CaaS today to see how you are able to reduce telecom expenses!
The current telecom expense management (TEM) competitive landscape is made up of TEM solution providers focused on the upper end of the market (companies with over 5,000 employees). According to “The Value of TEM to the Small to Mid-Size Business (SMB)” authored by AOTMP, “there is a common perception of greater effort and cost than financial gain” causing “small and medium size businesses to shy away from implementing a TEM program.” They further report that, “the keys to a productive and financially beneficial TEM program are establishing an inventory of telecom services, features, configurations, charges and service providers, and maintaining invoice accuracy.” This report also stated that, “technology assists in unifying a TEM program. SMB companies can simplify work flow, eliminate duplicate tasks and relate TEM information into usable views via technology.”
Interested in strategic cost reduction?
The research conducted by AOTMP also reported the following top telecom priorities for SMBs:
* Reduce telecom cost (62%)
* Learn/implement best practices (57%)
* Establish greater control over wireless costs (49%)
* Centralize telecom environment control (48%)
* Secure support for increasing staff to manage telecom (24%)
* Increase budget for more technology solutions (18%)
They further report “savings for SMBs with a TEM program with a focus on the TEM program savings activities are positioned to gain 22% greater savings as opposed to those without a TEM program.”
Today there is an answer to address the TEM needs, or Telecom Expense Control of SMBcompanies! Clearview-as-a-Service (CaaS), Valicom's telecom cost management software brings the power and control of large enterprise expense management to SMBs, who have historically lacked the internal resources and expense volume to realize benefits. Valicom’s CaaS offering is an easy-to-use, fully integrated, on-demand expense management system that provides real-time visibility into telecom expenses, pinpoints areas of corporate cost savings, while requiring minimal time and resources to implement. Designed to incorporate industry best practices and automated expense analysis functions, CaaS helps clients maximize company cost reduction, create greater operational efficiencies and reduce their dependence on suppliers, all while gaining the ability to reduce telecom expenses. Check us out at www.valicomcorp.comto learn more about CaaS and how your company can benefit from this innovative TEM solution!
Benchmarking is an extremely helpful process for companies as they prepare for a Telecom Request For Proposal (RFP). However, many organizations don’t take advantage of it?
Benchmarking is well worth the effort and cost to obtain assistance from a Telecom Expense Managerment or IT/Telecom Consultant to provide benchmarking on your existing telecommunications services. Not only can it provide you with a clear picture of where your services can be from a pricing standpoint, but also help you make RFP savings estimates by service type. This can further allow you to provide direction of where to apply the most effort during the RFP and telecom contract negotiations to maximize strategic cost reductions. It’s always good practice to have goals for how you would like your pricing and contracts to look when the RFP efforts are completed. Here are some tips on what to expect from the benchmarking of specific services. Local Services: These LEC services, including POTS, PBX Trunks, DID Trunks, Centrex, PRI T-1, Point to Point T-1, Analog circuit, etc., are all benchmark dependant on location. With the local POTS, Trunks, and PRI’s you’ll be able to have a nice range within each state of what the pricing would look like on the low and high ends. Keep in mind that some circuits such as Point to Point T-1’s often have too many variables to get that detailed, such as, the specific end point addresses, mileage between them, and distance from the LEC Central Office. Long Distance: The pricing here is more of a commodity, and typically will have a fairly close range of what can be expected based on your volume. It's especially important to have solid benchmarking on the International and Instate rates, as that is where the vendors often have the most variance in pricing. Data/Internet: This benchmarking effort is largely based on location and discounts provided. There’s typically a fairly large range here depending on service, size, and other specific variables. Wireless: Benchmarking of Wireless services such as, Cellular, Data Devices, Aircards, and Telemetry, is typically based off of a few metrics. Cost per minute, cost per KB/MB, and cost per device. Benchmarking here can be very accurate based on device quantity and discounting structure. I encourage you to take advantage of the valuable tool of benchmarking when you are planning you’re next RFP.
Let the experts at Valicom take your business cost reduction to the next level! Mike Krogman
Project Manager
For those companies that are currently utilizing Telecom Expense Management (TEM) services, or interested in TEM services, are you certain that the your TEM provider is focused on the areas of expertise that you need? Are they trying to be everything to everybody?  When a company is looking for a TEM vendor to have the expertise that leads to telecom expense control through best practices, years of experience and the best tools available, be sure that they are not trying to be everything to everybody. Have you heard the phrase, "the jack of all trades and the master of none? I read quite a bit of information posted from numerous sources. So many TEM, or pure expense management vendors talk about how they can provide Information Technology (IT) and telecom hardware, consulting services, VoIP convergence... oh and by the way we might be able to wash your car if it generates revenue. That approach is difficult to really know who your vendor is and how they might deal with you after the proposal is signed. When your TEM vendor is focused on your success and not distracted, or incented to lead you to a specific carrier or solution, because they will receive compensation on the back-end, then your company is in the best position for a successful engagement. Before you make the selection final, be sure to know who you are dealing with and that they have the focus on exceeding your expectations regarding telecommunication invoice audit and mobile management. Many companies have decided to utilize existing staff that have a great understanding of the company's business and industry and just need a tool to manage telecom expenses. Proper due diligence is the key in selecting who you partner with. Establishing your TEM vendor relationship will become the foundation for success and visible expense reduction. Keep your focus on strategic cost reduction!
Like any relationship worth having, is the relationship you have with your Telecom Expense Management (TEM) provider serving your company the way you expected, or producing the results you were told? If not, the time is NOW to take a look into your options.
Ideally, the TEM provider that your company utilizes performs periodic reviews with you to assess the quality and value of the service you are receiving. If not, why not? - Maybe the TEM provider is not interested in understanding how you perceive their service.
- Maybe the TEM provider is not interested in making any changes to exceed your expectations.
I have always believed that Feedback is a gift, positive or negative. How people respond to the feedback also differentiates the good from the not so good TEM providers. Valicom conducts quarterly Client Satisfaction surveys to ensure that we are listening to our clients and completely understand how we can respond the our client's changing business needs. As a result we have become one of the most flexible and responsive TEM providers available for you to choose from. Valicom understands what is important in responding to our client's needs and providing unprecedented services to enable strategic cost reduction and a Clearview into Telecom Cost Management. Hold your provider, regardless on the product or services they are providing accountable for the results that you believe you contracted for. If you are not receiving the results you expect, then the time to make a change is now!
Mind your features! Opening my personal cellular bill recently resulted in unexpected and unpleasant surprises. You see, I have twin 17-year-old daughters whom, like their mother, love technology…especially their new smart phones with all the bells and whistles. I did not caution them about price point cons for the games, ring tones, data downloads, music, wallpaper, etc. Big mistake. Even worse, I underestimated the amount of texting two teenage girls could amass in one month. Astounding and expensive. I should have told them to mind their features!
You probably see where I'm going with this. You may be responsible for 300 or 1000 cell phones and need to manage texting overages, cute puppy wallpapers purchased, and AC/DC ring tones blissfully downloaded. But, do you really have the time? I’m betting you don’t, so the potential savings go right down the drain each month. Of course, you have company policies in place that spell out allowed features but many employees can't resist the temptation of the VZ Navigator download or they simply either don't understand or choose to ignore their own corporate cell phone plan’s accepted features and limitations. Who has the time to peruse a 500-page cell phone invoice? Who has the time to follow-up on every identified issue from one month to the next?
Here are a few tips for business wireless cost-reduction strategies: - Start by monitoring the monthly invoice dollar amounts. Huge overages should catch your attention but what about the more subtle increases? Trust me, they add up quickly and can ruin your projected annual budget.
- Make the simple change to electronic billing to take advantage of the robust reporting capabilities most carriers offer on-line. Set up your account and navigate your way through the vendor's on-line portal and you'll find a wealth of information at your fingertips: equipment charges, overages, plan information, everything you'll need to effectively audit your invoices.
- Another solution begins with your Carrier Account Manager(s). Request quarterly reporting from them and set up your own parameters so you can get the custom reporting you need. This is a time efficient way to monitor all cellular usage from your carrier.
- Another suggestion, and my personal favorite, is to hire your own telecom expense management firm. They are trained professionals who take care of all the heavy lifting, follow-up, and nagging telecom annoyances you don't have time to take care of yourself. Find a telecom expense management firm who will work with you for a productive partnership and flexible fit.
Just a few easy ways to manage your business cellular expenses, saving you from the dreaded unpleasant surprise of overages, add-on’s, and everything in between.
Telecom Expense Management; a necessary requirement in the quest to achieve strategic cost reduction. Regardless of the size of the company, all businesses are always looking for ways to understand, validate, control and reduce business expenses. Companies that recognize the need for telecom expense control can choose between the following methods: - Manual Auditing - this approach usually involves an individual performing research and basic auditing tasks on thee own with a learn-as-you-go approach.
- Software Auditing - in-house employees use specialized software to optimize usage and billing. Historically this has included software provided by vendors that have an impact on the company's Information Technology (IT) infrastructure. Some software providers will also offer a Web interface to a hosted model.
- Enterprise - analytical tools automatically reconcile detailed billing, inventory and payment processing. These type of systems usually require significant care and feeding and due to the complexity require dedicated staff.
- Outsourced or Managed services - many options are available to companies to manage specific TEM life-cycle activities and cost allocation.
The size of the company can sometimes dictate the TEM tool selected. There are many software directories available on-line to observe the many options to consider. Software-as-a-Service (SaaS) is the latest technology available to provide TEM tools and expense analysis without the high-cost of complex software that requires significant dedicated focus and support, significantly reduced cost and no impact on existing IT infrastructure. The iconic, most notable example of the SaaS technology is SalesForce.com. This tool has enabled companies in all industries to utilize powerful Sales tools to manage their sales and lead generation activities at a fraction of the price to develop their own, or to purchase costly software that needs to be modified to suite specific business. Valicom has announce the launch of their TEM software solution utilizing SaaS technology called Clearview-as-a-Service (CaaS). For more information and the opportunity to experience the automation and benefits of this tool, please contact us!
The traditional approach for some enterprise level companies has been to outsource Telecom Expense Management (TEM) to TEM providers. While companies search TEM expertise in Mobile Management and Telecom expense control, how much research do companies actually do to ensure that their potential partner has values that are aligned?  We believe that it is our obligation to share our expertise with clients in order to improve their financial and operational intelligence. Only by doing this can we help increase your financial and operational performance. This realization helped us create our Core Vision, which is something we are driven by every day and every step of the way: "Through a unique combination of ingenuity and enlightenment, we are transforming the TEM industry and creating a better-educated marketplace." In addition, we are driven by our Core Values on a daily basis. Employees at Valicom are rewarded quarterly with recognition from peers for displaying actions falling within our Core Values. These are valued we feel contribute significantly to the continued success of our clients.
Our Corporate Values
Memorable Experiences - Visibility, Winning, Life-Changing, Meaningful, Fulfilling, Dreams
Enduring Connections -Co-creation, Leadership, Collaboration & Teamwork, Long Term Relationship, Mutual Respect, Community
Authenticity - Originality, Integrity, Thought Leaders, Ethical, Diversity, Distinctive
Inspiration - Can-Do, Free Spirited, Freedom, Enlighten, Visionary, Open-Minded
Innovation - Out-of-the-Box, Strategic, Creative, Ingenuity, Transformation, Leading Edge
Passion - Enthusiasm and Fun, Confidence, Compassion, Excellence, Sense of Urgency, Ambition, Empowerment, Ownership |
If you live by your values and have alignment with partners, success will be inevitable! Obtaining telecom cost reduction through telecom cost management software are easily achievable when the right partner is selected. Valicom's clients continue to speak loudly by expressing their views via their quarterly Client Satisfaction surveys. Contact us today to begin your customized service and support!
I have been reading the AOTMP telecom expense management (TEM) discussions on LinkedIn and I find it astounding that, after interviewing hundreds of enterprises, AOTMP found that corporations with over $1B in annual revenue experienced an average implementation time for wireless mobility management (WMM)/TEM technology of 10.5 months and companies with less than $50M in annual revenues experienced an average conversion time of 8 months. I'm assuming that enterprises between $50M and $1B in revenues experienced an average implementation time somewhere between the 8 and 10.5 month range.  From this data, I wonder what the level of support or assistance from the TEM/WMM suppliers has been in the implementation phase for the transition to take this long! Granted, many client environment's are complex and the process of gathering invoices, cost allocation codes, customer service records (CSRs), contracts etc. can be a daunting task; however, with the support and project management of an experienced TEM/WMM supplier team, the transition should take no more than 3 - 4 months even for companies with over $1B in revenues. Valicom has been implementing TEM/WMM solutions for the past 20 years and the average time it has taken for our most complex business process outsourcing solution for companies with over $1B in revenues is 3 months. With our Clearview-as-a-Service (CaaS) solution, implementation can occur in as little as one month depending on client size and the volume of invoices, circuits and wireless devices they may have. Time is money and the focus is to properly manage the function and reduce business costs. With many clients, one of the main benefits of a telecom expense management solution is company cost savings through reduced telecom expenses. Operational efficiencies can also be achieved by utilizing best practices and automated telecom cost management software, once fully implemented. With conversion times as high as 10.5 months, I can only imagine that the return on investment (ROI) is quite long when using other TEM/WMM suppliers based on the AOTMP research statistics. Over the past 20 years, Valicom has achieved an average telecom cost savings track record of 30.4% savings on our client's telecom expenses and in most cases a return on investment is realized in the first year of the engagement. With our Clearview-as-a-Service telecom cost management software at a lower price point than business process outsourced services, and an almost immediate time to savings, the return on investment is generally much quicker. If you would like to experience the quick implementation first-hand, try our free 30 day CaaS trial. I guarantee you will be impressed! Valicom is the key to achieve true strategic cost reduction. Contact us today!
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