Posted on Thursday, August 14th, 2008 at 3:50 pm
PR Release Newswire
Framingham, MA (PRWEB) July 9, 2008 — A new benchmark report from Aberdeen Group — Slashing Telecom Expenses in a Looming Recession — focuses on how recent economic trends are forcing enterprises to re-examine their top expenses, reduce overhead, and increase corporate profitability. The AnchorPoint sponsored report highlights how Telecom Expense Management (TEM) is fundamentally a spend management technology which has become an enabler to control the full telecom order-to-pay lifecycle for voice, data, and wireless assets and services.
Prior Aberdeen research indicates telecom expenses, on average, constitute over 3% of corporate revenues and accordingly are an obvious target for spend reduction initiatives. “This report reinforces the idea that because corporate costs come under a microscope during tough economic times, we see TEM offering enormous value in the areas of expense reduction, visibility, and operational efficiency” said Roger Challen, president and CEO of AnchorPoint.
According to the Aberdeen Group report, “Companies need a holistic solution that assists in managing the full life cycle of each service plan, hardware asset, and software solution to support employee work efforts in today’s integrated, mobile, converged telecom market. TEM is still the cornerstone of the Telecom Lifecycle Management process.” The report examined the use, the experiences and the intentions of more than 200 enterprises using Telecom Lifecycle Management (TLM) and identifies emerging best practices for TLM in controlling corporate telecom environments.
