Two Companies Partner for Telecom Expense Management Ease
December 16, 2014
By Rory J. Thompson, Web Editor
One of the line items that continues to drive CFOs crazy is telecom expense management (TEM). With more and more workers utilizing BYOD (Bring Your Own Device) options, it’s harder and harder to keep track of what’s a legitimate company expense, and what’s merely “padding.” That’s why a new union just announced is garnering so much attention.
The pact involves Ezwim (News - Alert) – a global leader in TEM technology – and Optelcon, a global IT cost reduction and lifecycle management company. The former offers a comprehensive portfolio of TEM applications over the Internet, otherwise known as Software as a Service. The latter specializes in telecom, mobile, software licensing and IT contract negotiating, benchmarking and strategic sourcing. Together, they present a formidable option for those companies that need a leg up.
“Collectively [we] will offer one of the largest sources of global market data, pricing trends and intelligence covering over 160 billing formats worldwide,” the two companies said in a release announcing the venture. “This will significantly benefit both organizations and their respective clients.”
The problem the new venture is solving stems from the fact that enterprise companies are providing more services from multiple vendors to more people in larger geographies. There is no single IT or telecom vendor that offers all these needed services everywhere. To address the complexity, this partnership will combine Ezwim's global telecom, asset and services management technology with Optelcon's continuously updated benchmark pricing data.
"Our technology platform adds significant value to clients by taking a bottom-up approach to cost reduction by creating awareness and influencing end-user behavior,” said Bram Cool, CEO of Ezwim. “Optelcon creates additional savings for clients with a top-down approach with their price benchmarking, auditing and contract negotiations."
The end result is a collaboration where companies can begin to rein in out-of-control costs, and see what the actual value is for the money they’re spending. It’s a win-win all around.
Edited by Maurice Nagle