[September 11, 2008]

How to Manage Network Expense with TEM

Trying to record and then track Network assets can be mind boggling in today's business world. Things have changed and trying to manage your network inventory using spreadsheets just won't cut it, it's time to find a software solution that can integrate with all of your internal systems and manage your network efficiently. Cut through all the manpower clutter involved in trying to keep each staff member apprised of the deployment and functionality of work stations, switches, repeaters bridges and routers.

To effectively manage telecom expense your company needs to track the network invoice components to the actual network equipment in real time. If an executive wants detailed information about any network cost they should be able to log in to a web or internal managed dashboard that will drill down to the line item charge on a telecom invoice to determine the ROI of that particular piece of network equipment.

When an employee leaves the enterprise how do you account for each network asset that will need to be canceled or redeployed? Telecom expense software will give you the ability to determine exactly what the assigned assets are, if they can be redeployed and before the invoice for a telecom expense arrives an electronic cancellation ticket will be sent to the carrier to stop billing for the service. After the arrival of the telecom invoice, the telecom software will conduct an audit and flag an exception if the network asset charges are still billing on your invoice. The telecom expense software will tell you when there is an issue, no more analyzing that huge stack of network invoices to try and determine if that particular line item charge is still appearing. You can opt for full BPO and have the telecom expense software managed by your solution provider or you can add it to the tools that your IT staff possesses and integrate total control and visibility into your telecom budget.

The biggest challenge that you will encounter during your research for a telecom expense management solution will be how to research and qualify the different network expense software opportunities available. One advantage that you have, which did not exist a short time ago is TelecomExpenseManagement.Org; this site contains all the resources that you need to manage telecom expense. The TelecomExpenseManagement.Org site contains a comprehensive directory, broken down into tabs for issues such as telecom expense management, wireless expense management, network expense management, telecom invoice auditing, wireless help desk and wireless procurement; there are also additional tabs for retired asset donations, a TEM ROI assessment tool and information about conducting a TEM RFP. The site is unique in the fact that you will want to bookmark it and keep coming back each time you need to research an issue. They display headings and direct links to so many solutions, that you will not have to spend so much time trying to identify a company that can provide relief to the telecom budget leak that so many growing companies are experiencing in these troubled economic times. Each time you need to research an issue, you will find yourself coming back to TelecomExpenseManagement.Org time and time again!

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