The task of managing and tracking technology expenses has become increasingly complex as today’s digital business landscape rapidly transforms. Particularly in the realm of mobility spend, having a holistic view of expenses and a streamlined process is crucial. More businesses are recognizing the value of adopting a single platform expense management solution to track mobility, telecom, SaaS, and UCaaS expenses all in one place. But what precisely are the benefits of such a system, and how does it outweigh a multi-solution approach?
Why Does a Single Platform Matter for Mobility Management?
- Elimination of Overlapping Services: When managing technology expenses on a singular platform, redundancies can be easily spotlighted. Companies can effortlessly identify overlaps between technology assets such as mobile devices and UCaaS licenses. When managed separately, these redundant expenses are harder to find and lead to missed savings.
- Comprehensive Reporting: Having the capability to report on mobility alongside fixed wireline telecom and unified communications provides a cohesive picture of the organization's tech expenditure. This allows for more strategic budgeting and forecasting.
- Strategic Network Transformation: With clearer visibility to where mobile inventory is situated throughout the organization, optimal locations to initiate transformation strategies are easily spotted.
- Streamlined Processes: There are many forms of expenses when managing a technology estate. This includes everything from invoice processing to budgeting. Consolidating all of these under a single umbrella offers a holistic view of data which drives efficiency and simplifies decision-making.
- Accuracy and Integrity: Integrating a mobility portal with inventory management on one platform ensures consistency and correctness of your inventory, minimizing discrepancies.
Using a single platform solution to track mobility expenses allows organizations to minimize expenses, simplify decision-making and have better overall control of their technology estate. Engaging with a top-tier mobility solutions provider can be the key to unlocking the advantages of these managed mobility solutions.
The Multi-Solution Perspective: A Counter Argument
Some businesses may argue in favor of a multi-platform solution since this approach allows departments to only see the data they need. However, when you manage mobility on a single platform, the same level of restriction is possible.
Most high-quality single platform solutions offer role-based security, ensuring employees only have access to the data pertinent to their roles. This can be decided by department, role or seniority. With a unified platform, organizations can set policies and oversee communication inventory singularly, as opposed to repetitively on multiple platforms. When using one solution to manage multiple assets, data that may otherwise be left out can be factored into calculations and dashboards to ensure the most accurate data is considered throughout the decision-making process.
In an age where technology drives business operations, having a clear, unified perspective on tech expenditures is invaluable. While some may advocate for multi-platform solutions, the advantages of a single platform are clear. As CXO professionals, IT experts, and procurement professionals explore mobility solutions provider options, the evidence suggests that a single platform for managing mobility spend is the obvious choice. Choosing the right platform can amplify efficiency, accuracy, and strategic foresight.