Telecom Cost Reduction Through TEM

Telecommunication expense management is an excellent way to streamline our communication bills and expenses. Although staying connected with others is very important for any business and individual, the bills that result from this connection can be overwhelming for many. We all want more services with little expenses. Quality and availability of telecommunication services are the key demands of all consumers, but not at a higher cost. So the strategy for both individuals and corporate parties is to have the best services, but keep the costs of telecom very low. This is where telecom expense management comes into play.
Telecom Expense Management or TEM is a vital tool that is used in organizations to ensure that telecom services used are the only services paid for. TEM works on identification of all the lines on a specified account and assesses their usage or idleness. As per the TEM policy, all idle or unused connections should be removed to reduce monthly telecom bills. So in other words, TEM practices ensure prudent use of all the valuable resources to get the best value for your money.
When you have an effective TEM in place, you can look forward to cutting the cost of your communication bills. Through TEM you will identify your existing telecom systems, assess your needs of telecommunication, and make modifications and changes where ever possible to match the needs with the telecom assets. This will help lower the bills significantly. Below are four methods to cut down your telecommunication expenses:
1. Disconnection of Idle and Unused Phones
This TEM guideline suggests that phones that are no longer in use or remain idle should be disconnected immediately. Also, whenever an employee transfers or leaves the organization, his phone should be disconnected as well.
2. Control the Roaming Activities
If any user or employee need to travel to foreign destinations, their phones will automatically find a data service and provide a signal. In this scenario, a roaming charge is generated for this type of usage. So if you plan the travelling and phone usage prior to the trip with your service provider, they may negotiate lower costs.
3. Recycle
Getting rid of all old and unused equipment is a very effective method of TEM. You can donate these lines to others, relocate them to different offices, recycle, or destroy them fully. Any services used on this hardware should also be terminated.
4. Do not Over Pay:
If you have services that you do not use or is more than you require, then as per TEM principles, you should have a closer look at you needs and adjust the service allocation accordingly.
There are many Telecom expense management solutions available in the world. Most popular ones like the IBM Emptoris Rivermine have a design empowering the companies for reduction of their telecom expenses through the active and effective management of the communication lifecycle. By the automation of this process, the identification of unused or unneeded equipment and connections is made quickly and easily allowing streamlining of the telecom expenses efficiently.

Our profit is that what we save. Telecom expense management is an art and using this you can save a lot.