Telecom is a very big field and you will find that so many companies are engaged in this field. They all are earning a good amount as well. Telecom is derived from telecommunication and it has been the hottest in the present market. You must be getting confused with expense management. I really feel that you will be surprised but this is an issue which is really very important.
Telecommunication expense management or TEM as it is called generally consist of five basic services:
1.Asset management.
2.Invoice validation
3.Expense optimization.
4.E-procurement
5.Help desk support.
First of all I will talk about asset management. The company must know what devices its clients are using throughout the country. If the company is big then this job becomes very boring and hectic. It is not so easy to track all the handset in just few days. In fact it takes lots of time. As far as wire line sets are concerned, it is quiet sure that the sets will not move here and there like the mobile set. However the set can move from one place to another as far as one company is concerned. Hence the motto is simple that keep a record of all the sets. However the implementation of this motto is not so easy and it is really tough to apply.
Redundancy is detected and eliminated. It is easy to acquire new equipment or devices but doing so in much efficient manner is quiet tough to implement. It is also very important to check out that not all the equipments are obsolete. Changing old equipments with new cost effective equipments is really very good for the organization.
If you have up to equipments then it will help the TEM team to find out whether you are paying for some disconnected equipments. Those kind of expensive details are really very hard to sight and hence very hard to remove from expense list.
Similarly there are many other facts related to telecom expense management. Expense optimization is yet another thing. You will have to check out for the expenses and hence find out whether what the best way to optimize expenses is. I really feel that you must have an idea about expense management. It is off course very important for TEM. Hence all the company looks out for it. You must be willing to know whether it is all about. You should know that it means how you squeeze maximum out of least money. This is what Expense optimization is all about.
You will soon realize that TEM is very important for any company and all the company tae proper steps regarding it.
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