For most Fortune 1000 enterprises, telecom has become a top five expense. Unfortunately with increasingly widespread deployment of wireless, wired, and data networks, comes a fundamental lack of visibility and control.
That means that enterprises waste millions of dollars in telecom services that are overcharged, underutilized, ineffectively negotiated, and inefficiently deployed.
The Challenge: Escalating Telecom Costs
When it comes to Telecom Expense Management (TEM), the greatest challenge remains sheer volume: scores of carriers…hundreds of devices and circuits…thousands of invoices. As a result, errors, complexity, and inefficiencies are creeping into enterprise telecommunications networks—costing you time and money.
If your enterprise is like most, your telecom team relies rely on a tangle of spreadsheets, piecemeal processes, and patchwork applications to manage your telecom contracts, invoices, and inventory. You’ve likely discovered that it’s nearly impossible to answer even the most fundamental questions:
- What are we being billed for?
- Do our invoices match our actual inventory?
- Are we paying too much?
- Can we move to less expensive carriers?
- Are we negotiating the best contracts?
- Where are all of our telecom assets?
- Are we paying for circuits we’re not using?
- Can we optimize telecom network performance?
- Should we convert to more cost-effective technologies?
- Are we getting the best return on our telecom investment?
You don’t need guesses…you need answers. And Rivermine delivers. This groundbreaking telecommunications expense management solution provides immediate answers to your most compelling business questions.
The Solution: Cut Your Telecom Costs by 30% or More
Rivermine's powerful TEM software can solve the challenge across your enterprise by automating the entire telecommunications expense management lifecycle, including contract negotiation, procurement, provisioning, inventory management, and invoice processing/auditing.
- Control telecom costs and eliminate invoice errors
- Negotiate optimum telecom contracts and leverage corporate buying power
- Properly allocate telecom costs
- Decommission obsolete assets to avoid overcharges
- Enable self-service to streamline telecom procurement while enforcing policies
- Reduce or redeploy telecom/purchasing staff
Rivermine delivers all the tools you need to automate telecom expense management and control costs across your enterprise. Click here to learn how you can cut your telecom costs by 30% or more.

