As technology advances, it seems to make the world smaller. We’re more connected to each other than ever. We can get the things we want at the click of a mouse. All the information we need is literally within arm’s reach. However, the Internet of Things (IoT) is changing everything. Now, the world is suddenly getting bigger as we connect to an ever-expanding realm of devices in our lives, our environment, and even our pockets.
These new capabilities are a powerful asset for any business, but they come at a cost. New connectivity brings with it a new level of complexity in nearly every aspect of your company. Complexity that requires additional investment of company resources to solve. Here’s the bigger problem, though: Every expense your company incurs brings with it the risk of loss. Billing errors, overcharges, obsolete data plans, charges for unused services, it can all add up to a serious impact on your bottom line. But it doesn’t have to be this way.
Tellennium is in the business of saving companies money by finding and eliminating wasted dollars at every level. It’s a revolutionary system we call Management of Things, and it’s going to change a lot of things. Here are just a few things to think about.
Ghost Contracts
If you are still paying for mobile services, desk phones, devices, and resources for employees who no longer work for you, you should not be. Now, you can be sure that these services are turned off when employees leave.
Utilities
You need to keep the lights and the heat on, obviously. But are you paying for power at the lowest possible rates? You may also be paying for services you aren’t using. We’ll make sure you’re paying what you should, while getting everything you’re paying for.
Mobile Devices
By delaying your company’s investment in new technology, you may save money in the short term, while losing it in the long term. Tellennium can show you the new capabilities that upgrades can create, and we will make sure you do not overpay for them.
Mobile Data
Your sales force needs to stay connected to stay effective. However, they may not be doing it in the most cost-effective way. Our detailed, line-by-line inspection of your mobile contracts will make sure you’re not overpaying your provider or underequipping your team for success.
Accounts Payable Benefits
Accounts Payable (AP) processing automation for complex spend categories is a notable driver behind client requests for our enhanced platform functionality and the MoT solution. Management of Things adds tremendous value to our client base in terms of providing automation of allocation and payment for utilities, print services, and other charges outside of traditional TEM.
Accounts Payable teams often have the highest turnover rates. Bringing in automation removes risk in the enterprise due to late fees and disconnection due to non-payment. The volume has historically been a tremendous challenge for AP departments and therefore made the need for a more robust MoT solution clear.
Printing
Hard copies and physical documents are a fact of life. The things you use to create them, though, can create a slow, unnecessary drain on your profitability. We can help you manage your costs for equipment and supplies, so you pay less to print.
Virtual Workforce Communication
There may be a better way to keep your teams connected. There may be a less expensive way, too. Either way, with Management of Things, you’ll know you aren’t paying too much to keep everyone on the same page.
Waste Disposal
Trash is an unpleasant aspect of business. So is wasted money. Tellennium makes sure one doesn’t turn into the other.
Summary
The way we see it, the potential for loss spans your whole company. That’s why Management of Things focuses on the big picture in terms of the small details. Tellennium’s comprehensive, floor-to-ceiling approach makes sure every service you use is optimized, effective, and working hard for you. This is more than traditional expense management. This is expense optimization. This is proactive, forward-thinking, profit-focused financial oversight that dives deep and creates solutions.
If you’d like to learn more about Management of Things, please contact us at your convenience for a demonstration.