TEMNet is a comprehensive, cloud-based Telecom Expense Management solution designed to assist organizations in managing the entire lifecycle of their voice, data, wireless, and collaboration services. By automating processes such as telecom ordering, provisioning, invoice processing, and contract management, TEMNet enables businesses to gain full visibility and control over their telecommunications expenses. This platform is particularly beneficial for corporations with monthly telecom expenditures exceeding $80,000, offering an average cost reduction of 27% through its managed services.
Key Features and Functionality:
- Telecom Ordering and Provisioning: Streamlines the setup and management of telecom services, ensuring timely and accurate deployment.
- Invoice Processing and Error Detection: Automates the accounts payable process, reducing manual errors and identifying billing discrepancies.
- Contract Management and Negotiation: Provides tools for contract benchmarking, helping organizations secure favorable terms and conditions.
- Reporting and Analytics: Offers flexible dashboard reporting for comprehensive visibility into services and expenses.
- Policy Management: Ensures compliance with organizational policies and regulatory requirements.
- Help Desk Support: Delivers a dedicated, U.S.-based support team to assist with telecom-related issues.
Primary Value and Problem Solved:
TEMNet addresses the complexities associated with managing diverse telecommunications services by providing a centralized platform that automates and optimizes telecom expense management. By eliminating late payments, duplicate invoices, and erroneous charges, organizations can achieve significant cost savings. Additionally, TEMNet's comprehensive reporting and analytics empower businesses to make informed decisions, enhance operational efficiency, and ensure compliance with internal policies and external regulations.