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Wireless Expense Management (WEM) is an extension of Telecom Expense Management (TEM) services and is the process of managing enterprise's mobile and wireless devices. However, not only auditing invoices are enough to fully manage the device from procurement to retirement. [ 1 ]
Expense management automation has two aspects: the process an employee follows in order to complete an expense claim (for example, logging a hotel receipt or submitting mobile phone records) and the activity accounts or finance staff undertake to process the claim within the finance system.
Telecom Expense Management (TEM): An ongoing analysis and adjustment of internal telecommunications procedures and billing designed to maximize savings. See also Wireless Expense Management Telecom RFP (Request For Proposals): A proposed management plan designed to maximize efficiency, security and reliability in the business' communications.
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Tangoe, Inc. builds and provides technology expense management software & solutions. They provide telecom expense management, managed mobility services, and cloud expense management software which specialize in helping enterprises reduce time and effort needed to gain visibility and control over their technology spending, and help them save money on IT services.
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