Tech Talks: Technology Expense Management Solutions Can Lead to Major Savings

Piles of coins rest next to a calculator in front of a calendar with the 31st circled to represent expense management. In order to serve as a trusted advisor to our clients, we need to stay up to speed with the latest IT trends and solutions. To achieve that, our team of IT experts attends weekly training sessions conducted by various IT solution providers. Based on our extensive experience and sales volume with the suppliers, we receive exclusive, direct and usually in-person training from these suppliers. Our Tech Talks blog series offers a snapshot of these educational sessions.

Are you looking for a way to eliminate unnecessary IT spending? A global financial institution achieved just that with a cloud expense management solution from one of our partners, an organization that specializes in helping businesses contain tech and telecom costs. Their app aggregated all billed cloud services for the financial institution in one centralized location. Ultimately, with better visibility into their cloud spending combined with reporting and metrics that enabled improved governance, the financial institution achieved $4.3 million in annual savings.

That’s just one example of how our partner’s solutions and services can make a significant difference in your company’s spending and resource management. If you’re interested in containing costs as well as streamlining ordering, invoicing and inventory, here’s some essential information to consider about this supplier and their offerings in the areas of telecom, mobile and cloud.

Provider Overview

Founded in 2000, this Indiana-based organization delivers best-in-class technology expense management solutions to more than 1,200 customers in hundreds of countries around the world. Leveraging their decades of experience, they drive optimization and savings in the areas of telecom, mobile and cloud. Managing $10 million in global technology assets, this supplier has connections with approximately 3,100 carriers and maintains a 97 percent customer retention rate. Almost half of Fortune 500 companies rely on their products for ordering, invoicing, inventory, and identification of savings.

Featured Offerings: Technology Lifecycle and Expense Management Software and Services

This supplier will act as a conduit between you and your carriers, helping you to streamline operations and reduce spending via an intuitive portal. They offer solutions for optimization in the following areas.

    • Telecom: Optimize your telecom resource management.
      • Telecom order management in one centralized database
      • Streamlined invoice management
      • Easy inventory management
      • Expense management
      • Ideal for global North American businesses with upward of $6 million in annual telecom spending
    • Cloud: Save money and gain visibility across all your cloud solutions.
      • Ability to view all billed resources in one place
      • Daily reporting on and analysis of billed cloud resources
      • Custom workflows and multi-cloud automation to improve invoicing
      • Ideal for larger enterprises with multi-cloud and hybrid cloud setups and upward of $10 million in cloud spending per year
    • Managed mobile: Simplify mobile device management.
      • View all mobile spending in one place
      • Centralized asset management
      • Self-service reporting and analytics as well as data normalized across carriers for efficient expense management
      • Streamlined device ordering via one platform
      • Ideal for multi-national companies with a large number of mobile devices (500 minimum)

If you run into any issues, this supplier also has direct connections to the carriers for rapid resolution.

If you’re interested in learning more about solutions and services from this provider, don’t hesitate to reach out to our team of trusted technology advisors. With advanced tools and extensive expertise, we can help you evaluate all your options and produce objective side-by-side comparison matrices showing how various offerings stack up against each other. Additionally, with our price parity guarantee, working with us won’t cost you any more than going directly to the supplier.

Take the first step toward better performance and lower spending today by emailing sales@stratospherenetworks.com or calling 877-599-3999.

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