Many multi-national enterprises are choosing to manage Telecom Expense Management (TEM) on a global scale due to the benefits that come with a centralized approach. Done correctly, organizations can gain a holistic view into their communications, breaking down insights and data between global, regional, country and division categories. A central model can help simplify and consolidate IT management. Greater savings can be achieved through economies of scale by optimizing aggregated costs to gain leverage with carriers and vendors. Adherence to standard processes and policies across the globe also helps security and prevent exploits of local weaknesses.
The benefits and opportunities are well worth pursuing, yet they come at the cost of overcoming challenges in an increasingly complex business environment. Understanding potential challenges early within the process can go a long way to ensuring a successful TEM program. In this blog, we will discuss common difficulties enterprises face when considering a global TEM approach and the lessons learned from two organizations that have been down this path and the types of questions to ask before starting your journey.
When considering a global approach to managing TEM, an organization must contend with these common challenges.
In order to overcome the difficulties in going global with your TEM program, understanding the experiences and lessons learned from other organizations similar to yours can go a long way.
Whether you choose to undertake a global TEM program internally, work with a vendor or work with multiple vendors, there are a number of questions you should be prepared to ask yourself or your potential vendor. We understand that institutionalizing a global TEM program can be overwhelming, but with the right expertise and guidance, your organization can reap the benefits while avoiding the regulatory traps, potential penalties, and other challenges.
Want More? Hear from Adobe and Sanofi, two organizations that have been down this path as they share the lessons learned during their journey. Watch the panel discussion now.
Many multi-national enterprises are choosing to manage Telecom Expense Management (TEM) on a global scale due to the benefits that come with a centralized approach....
Many multi-national enterprises are choosing to manage Telecom Expense Management (TEM) on a global scale due to the benefits that come with a centralized approach....
Many multi-national enterprises are choosing to manage Telecom Expense Management (TEM) on a global scale due to the benefits that come with a centralized approach....
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