Expense management is the systematic process of tracking, controlling, and optimising a company’s expenses. It encompasses various activities, from the initial spending to the final reimbursement, accounting entry or credit recoveries.
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Telecom Expense Management: Controlling Costs and Optimising Performance
Telecom expense management (TEM) is the systematic process of overseeing, controlling, and optimising the costs associated with an organisation’s telecommunications services. In today’s digital age, where businesses rely heavily on technology for operations and communication, expenses can quickly escalate out of control if not managed effectively.
Expense Management Software: Streamlining Financial Control
Expense management software is a sophisticated technological solution designed to automate and streamline the process of tracking, managing, and reporting business expenses. By digitising what was traditionally paper-based workflows, these software platforms offer significant efficiency gains and improved financial visibility.
Lockdown Leads to Data Boom in South Africa
Unlike other parts of the economy, the telecoms sector had an advantage in that under the national disaster regulations, it could continue to operate. Operators also had the advantage of the government giving them temporary access to additional radio spectrum that could facilitate high-speed broadband services.
Telkom Mobile FreeMe Packages
Telkom has debuted new data-led tariff plans that look set to shake South Africa’s mobile industry to its foundations. At first glance it looks too good to be true ie: 1st tier: R99 gets you 1GB data, 50 texts per day, free calls on WhatsApp, BBM and Viber as well as free on-network calls. These packages have also been made available to Prepaid Customers as monthly bundles at the same price.
Neotel Acquired by Econet Wireless
Econet Wireless has acquired Neotel for over R6.5bn.
Smartphone Data Usage
Thanks to the rapid expansion of LTE, smartphone users today are blowing through more data than ever before.
MTN price increases
MTN has informed subscribers of significant rate hikes and value reductions across its contract packages. As of 1st August 2016 MTN will be revising their tariff pricing across their packages implementing up to a 40% hike in some cases. Last year they hiked the...
Disappearing Airtime
Previously subscribers had no way to prevent a WASP from charging their cellular accounts, or to unsubscribe from premium content services without first contacting the WASP.
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You Can Call Me, Agent
If referrals were a revenue stream, this one would be a waterfall. Turn your network into recurring revenue Join the JOLT Agent Programme and earn ongoing commission while your contacts cut costs through Technology Expense Management (TEM). How it works: You refer a...
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