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The Benefits of On-Demand Telecom Expense Management Software

Wednesday, September 8, 2010 by Nancy Peckham


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.
 

New Online Demo Launched for Clearview Telecom Expense Management Tool

Friday, June 25, 2010 by Lacinda Athen

Kick the Tires, Honk the Horn, won't cost you a thing....

We know that you'd never buy a car without checking it out, looking under the hood and taking a test drive.  And while Valicom, with our twenty year history and record client satisfaction scores, isn't exactly "Honest Al" over at the local car lot, we'd still like to offer you the same courtesy.  

In February, we led the TEM industry by releasing our third-generation telecom audit platform Clearview as a Software-as-a-Solution (Saas), giving small to mid-sized businesses a new tool to reduce telecom expenses. It can also be used by telecom expense reduction analysts or telecom consultants to help them deliver results. 

Now we've made it even easier to try out Clearview by launching a short online demo, so you can see just what you're missing.  And Clearview is designed to do just that - give you a "clear view" of your telecom spend.  Delivered securely online, it allows you to review your telecom invoices for errors, see wireless expenses - like mobiles phones and data plans, organize all your telecom assets in one place, track changes, additions or deletions, and in general make order from chaos.  And in doing so, you'll save TIME and MONEY, which is really the whole point. 

So if you'd like to take a test drive of Clearview, just head on over to our website and we'll give you the keys....




Working with the best TEM Industry Analysts - Aberdeen

Monday, June 21, 2010 by Jeff Poirior

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.
See full size image

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:
  • Technology
  • Professional Services
  • Managed Services
     

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...

Apples to Apples

Friday, June 4, 2010 by Project Managers

Just had to write quick about this one thing.....    I'll be quick.  Promise.

Telecom managers out there?  Please take the time to review your vendor remit addresses.    And please take the time to issue one check per account.   Meaning, even though you may have 5 or 50 account invoices from a single vendor, and you're tempted to pay for all those accounts with one check, don't do it! Cut one check for each individual invoice, and I'll tell you why...   

Today I spent hours on the phone with a vendor - we'll call them "AT&T" for this purpose - straightening out a huge mess.    Valicom recently took over bill payment for a client, so I pulled some reports and noticed that several invoice payments appeared to be missing.

I called the client and asked if they had paid these invoices before Valicom took over.   "Yes, Paid!" said my client, "Let me send you a copy of the cleared check."   Check.   Singular.   Uh oh. 

I knew right away what had probably happened, so I called the vendor to confirm my suspicions...    Sure enough, I was right.    "AT&T" applied the entire payment to the first account number, leaving off payment of 30 other accounts.    The result was a swarm of disconnection notices, late payment fees,  interest on late payment fees and a very large credit resting on the overpaid account. One would think common sense would prevail in situations like this, but no.   

One would also think it very easy to correct this misbilling.   Also not so.    Not only did I spend hours talking to the good folks at the vendor, but I'll have to track every payment for awhile looking for the billing to be corrected, late payments to be refunded and make sure the credit  is reversed.  So it will take at least one billing cycle for this all to be working properly again, maybe longer.   

I'm guessing if you're reading this post, you're probably not in your company's A/P department.    Maybe you're in IT/Telecom and would be working with someone in your billing department on a fiasco like this.    That means double the labor to find a resolution, and then the additional task of monitoring the situation for over a month.   Probably not the best use of your time!

So make sure your Telecom Expense Reduction Analysts take the time to carefully audit each and every telecom invoice - to maximize your expense reduction - and then cut the checks ONE per invoice.    The goal is to match Apples to Apples so the dollar amounts add up....  and the account numbers match, and the payments get applied right, etc etc etc...   Otherwise, next time, this might be YOUR mess....

(Pssst -  Need a good tool to help you manage your telecom expenses and telecom invoice payments?  Try out Clearview...   Even if you're doing it in-house, at least be sure you're doing it right!)

 - ST



Customer Service Record

Wednesday, June 2, 2010 by Project Managers

I had the privilege of meeting with a Telecom team and their Manager recently.   I had been asked by them to come and demo our new Telecom cost management software tool, Clearview-as-a-Service (CaaS).   

The team was a really solid group.  They ticked off some impressive stats, achievements and successfully completed projects.   I was impressed. 

During the demo, I began to talk about the bible of all things Telecom - the Customer Service Record (CSR) and how the information pulled from the CSR was absolutely accurate, stored and reported on.  I noticed a few of the analysts squirm, but kept going.  At one point, the group's manager blurted out "Geez, I don't think we've ordered CSRs in years.  We know we should, but just calling the vendors to order them is a huge ordeal.   When the CSRs finally roll in, we need someone to translate the data and enter it into our spreadsheets - with the volume of lines we have, it could take one of my people over a  month, working full-time to read and enter the data.  I don't have that bandwidth or  that kind of time."

I like that he was being honest.   He understood  the value of the CSR - the need to have exact circuit/line numbers, locations, amounts, quantities and on and on - but acknowledged that the job was just too big to accomplish with his current team.   In this economy, he certainly was not going to get the approval to hire on more staff, either.  

All this CSR information, just sitting out there waiting to be analyzed - and it hadn't been tackled in years.

I wish you could have seen his smile when I told him that we would order all the CSR's, and dump all of their data into our auditing tool for them.   Hello accurate inventory!   Hello ability to deep dive audit!   They took a huge step toward telecom expense control and cost reduction.      

I just love a happy ending....    In just 60 days with us, they are going to begin to see a difference.   Honesty is definitely the best policy.