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TEMIA is working to establish standards and Key Performance Indicators (KPIs) that can be used by managers and personnel performing operational roles at enterprises and suppliers. These standards seek to answer critical questions regarding performance including:
- What are the critical factors that contribute to supplier performance and a better return on investment?
- How do my results compare to “best practice” metrics?
- What Service Level Agreements (SLAs) will drive results?
- How do I measure the success of a TEM solution?
An effective Telecom Expense Management (TEM) program manages the full lifecycle of a telecom expense. It focuses on eight major service domains, which include inventory management and change control, sourcing, procurement and fulfillment, invoice management, expense management (including validation and optimization), usage chargeback, payment, and reporting for business intelligence.
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