Adding up to a lot more

The basic concept of using cost management software to ease the many processes involved in buying and managing telecom services – and to ultimately reduce costs – has put MDSL’s telecom expense management solution onto the agenda of many CFOs.

TEM relies on analysis algorithms to extract, cleanse and classify (by product, supplier and other criteria) the mass of data contained in invoices, purchase orders, contracts and other purchasing records. The goals are:

• To automate spending analysis and thus eradicate overcharging
• To improve the supplier base through the negotiation of better terms
• To manage contracts – and telecom auditing – more efficiently
• To analyse corporate telecom spend from individual users through to a global level

In the past, such analysis meant bringing in consultants to sort through the paperwork and produce a one-time snapshot of spending – a telecom auditing exercise that each time the snapshot was required had to be repeated.

MDSL’s TEM solution turns this onerous – and expensive – exercise into an embedded and largely automated process, giving enterprises the ability to make ongoing savings time and again. The up-to-the-minute data that the cost management software provides means double-digit savings are often achieved, waste and rogue spending are eliminated, and better deals can be negotiated.

To find out more about the financial advantages MDSL’s Telecoms Expense Manager delivers, please call us on +44 (0) 1892 545 353 or contact us via e-mail.