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Industry analysts like Gartner, Aberdeen, Forrester and others have identified voice, data, and wireless expenses, typically a company's third largest non-payroll expensecost, as a new frontier with vast potential for significant expense reduction opportunities.
This potential stems from the lack of visibility into and control of communication expenses attributed to complex contracts, distributed inventory, and erroneous telecom operator bills. Communication expenses are now growing at a worrying pace of 10% to 15% annually on average. This growth not only comes from the rapid increase in mobile and data communications, offsetting the decline in fixed voice costs, but also from the rapid adoption of new services such as conferencing, video communications, internet services, employee home office & mobile connections, VoIP, WiFi and messaging services. TTEM solutions address the full telecom service life cycle based on the Convergence Total Telecom Expense Management framework. They enable companies to better plan telecommunications spend, source optimum contracts, ensure that they buy services against those contracts, monitor user and vendor compliance, provide telecom bill audit and accuracy, and analyze overall spend for ongoing improvements. |