Next generation telecom expense management (TEM) solutions are increasingly becoming more sophisticated and provide the opportunity to extend beyond invoice processing and audit. Integrated TEM solutions that utilize a robust inventory platform have the ability to assign hierarchies to items for corporate chargeback.
It is no secret that today, corporate information technology (IT) departments receive a substantial amount of data, requiring full-time maintenance and monitoring. This has led to companies to make cost efficiency and department accountability top priorities for telecom and IT departments responsible for consumption of IT services. As a result the increased need to deliver results upon expectation is putting chargeback in the spotlight.