{"id":1991,"date":"2023-06-01T13:00:00","date_gmt":"2023-06-01T17:00:00","guid":{"rendered":"https:\/\/inversetech.com\/?p=1991"},"modified":"2023-06-02T12:13:11","modified_gmt":"2023-06-02T16:13:11","slug":"tem-defined","status":"publish","type":"post","link":"https:\/\/inversetech.com\/tem-defined\/","title":{"rendered":"TEM Defined"},"content":{"rendered":"\n\n[et_pb_section fb_built=”1″ theme_builder_area=”post_content” _builder_version=”4.21.0″ _module_preset=”default”][et_pb_row _builder_version=”4.21.0″ _module_preset=”default” locked=”off” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_column type=”4_4″ _builder_version=”4.21.0″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_text _builder_version=”4.21.0″ _module_preset=”default” hover_enabled=”0″ global_colors_info=”{}” theme_builder_area=”post_content” sticky_enabled=”0″]

The short article below, \u201cWhat is TEM? What Is Technology and Telecom Expense Management?\u201d<\/em>\u00a0was published on the ETMA (Enterprise Technology Management Association) website. It is a quick overview of just what is included in TEM. If you need a refresher and things have changed over the past decade, it\u2019s worth reading.<\/p>\n

\u201cTechnology and Telecom Expense Management, TEM and IT Financial Management, ITFM, programs were created to proactively reduce expenses, introduce new efficiencies, increase visibility, and provide better control for IT and telecom (fixed and mobile voice and data) services. Increasingly with the blurring between IT and telecommunications, TEM programs also include management of technology expenses.<\/p>\n

Several acronyms and other terms fall under the TEM heading. IT Financial Management or ITFM to optimize and manage IT expenses. Wireless Expense Management or WEM focuses on mobile expenses with employee portals for procurement of devices and service plans, and emphasis on managing and optimizing pools of voice minutes and shared data plans. New terms have been introduced to address management of mobile devices and support, including Mobile Device Management (MDM), Mobile Application Management (MAM), Managed Mobility Services (MMS) and Enterprise Mobility Management (EMM), and Mobile Security Management (MSM). These terms are addressed in a post titled \u201cDefining MDM, EMM, MMS and other Terms Related to WEM\u201d.<\/p>\n

TEM has ten major focus areas:<\/strong><\/p>\n

    \n
  1. Inventory management and change control<\/li>\n
  2. Sourcing<\/li>\n
  3. Procurement and fulfillment<\/li>\n
  4. Invoice management<\/li>\n
  5. Expense management (including validation and optimization)<\/li>\n
  6. Usage management and chargeback<\/li>\n
  7. Bill payment<\/li>\n
  8. ITFM and Enterprise Mobility Management (EMM)<\/li>\n
  9. Reporting<\/li>\n
  10. Business Intelligence.<\/li>\n<\/ol>\n

    An increasing number of businesses are realizing that managing their telecom and tech expenses has become difficult, especially when a company has multiple locations. Pricing, contracts, providers, taxes, tariffs, etc., differ from region to region.<\/p>\n

    If you believe you are being overcharged or not getting the best rates, we would be happy to look into it for you. Inverse Technology Solutions is a tech and telecom expense management leader, and we can help. We offer a complimentary pilot audit to identify areas we know are most often subject to overcharges etc., to develop an estimate of how much you could save. Just call us at 800-854-2444 or visit our website,\u00a0www.inversetech.com<\/a>. No risk, no obligation.<\/p>\n

    Source: <\/strong>ETMA (Enterprise Technology Management Association) website.<\/em><\/p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]\n\n","protected":false},"excerpt":{"rendered":"

    The short article below, \u201cWhat is TEM? What Is Technology and Telecom Expense Management?\u201d\u00a0was published on the ETMA (Enterprise Technology Management Association) website. It is a quick overview of just what is included in TEM. If you need a refresher and things have changed over the past decade, it\u2019s worth reading. \u201cTechnology and Telecom Expense […]<\/p>\n","protected":false},"author":3,"featured_media":1992,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[13],"tags":[],"class_list":["post-1991","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology-expense-management"],"yoast_head":"\nTEM Defined - Inverse<\/title>\n<meta name=\"description\" content=\"TEM was created to reduce expenses, introduce new efficiencies, increase visibility, and provide better control for IT and telecom services.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/inversetech.com\/tem-defined\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TEM Defined - Inverse\" \/>\n<meta property=\"og:description\" content=\"TEM was created to reduce expenses, introduce new efficiencies, increase visibility, and provide better control for IT and telecom services.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/inversetech.com\/tem-defined\/\" \/>\n<meta property=\"og:site_name\" content=\"Inverse\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-01T17:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-02T16:13:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/inversetech.com\/wp-content\/uploads\/2023\/05\/Blog4-What-is-TEM.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"370\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ray Richeson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ray Richeson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/inversetech.com\/tem-defined\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/inversetech.com\/tem-defined\/\"},\"author\":{\"name\":\"Ray Richeson\",\"@id\":\"https:\/\/inversetech.com\/#\/schema\/person\/edbafe13ccf91780817046f06bbaf143\"},\"headline\":\"TEM Defined\",\"datePublished\":\"2023-06-01T17:00:00+00:00\",\"dateModified\":\"2023-06-02T16:13:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/inversetech.com\/tem-defined\/\"},\"wordCount\":462,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/inversetech.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/inversetech.com\/tem-defined\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/inversetech.com\/wp-content\/uploads\/2023\/05\/Blog4-What-is-TEM.jpg\",\"articleSection\":[\"Technology Expense Management\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/inversetech.com\/tem-defined\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/inversetech.com\/tem-defined\/\",\"url\":\"https:\/\/inversetech.com\/tem-defined\/\",\"name\":\"TEM Defined - Inverse\",\"isPartOf\":{\"@id\":\"https:\/\/inversetech.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/inversetech.com\/tem-defined\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/inversetech.com\/tem-defined\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/inversetech.com\/wp-content\/uploads\/2023\/05\/Blog4-What-is-TEM.jpg\",\"datePublished\":\"2023-06-01T17:00:00+00:00\",\"dateModified\":\"2023-06-02T16:13:11+00:00\",\"description\":\"TEM was created to reduce expenses, introduce new efficiencies, increase visibility, and provide better control for IT and telecom services.\",\"breadcrumb\":{\"@id\":\"https:\/\/inversetech.com\/tem-defined\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/inversetech.com\/tem-defined\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/inversetech.com\/tem-defined\/#primaryimage\",\"url\":\"https:\/\/inversetech.com\/wp-content\/uploads\/2023\/05\/Blog4-What-is-TEM.jpg\",\"contentUrl\":\"https:\/\/inversetech.com\/wp-content\/uploads\/2023\/05\/Blog4-What-is-TEM.jpg\",\"width\":600,\"height\":370,\"caption\":\"Budget and financial planning concept involving a management or executive CFO creating or confirming the company's annual income and cost estimate. 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