Mobile expense management is a process involving the issues and services that revolve around businesses relying on a mobile device communications network. Dealing with expense management solutions on your own is not a high-valued activity, especially if you do not have the skills or knowledge to effectively analyze, report, and resolve issues within your mobile network. However, the ROI (return on investment) on an efficiently managed, properly planned, and properly serviced mobile communications network is undeniable.
Mobile Expense Management (MEM) is a way to organize and control your mobile communications expenses by managing mobile invoices, device and service plan inventory, and procurement workflow. Telecom expense management companies specialize in management and analysis software, in addition to software programs focusing on wireless audit. This software brings functionality to MEM and integrates the management of mobile device solutions as well as centralized, cloud based solution for: asset management, eProcurement, cost allocation, invoice management, contract management and compliance, profile management, wireless audit, mobile policy implementation, and other important MEM categories.
These MEM solutions give your business and your IT departments a way to manage the entire life-cycle of mobile devices in the organization. This allows you to manage the risks of your mobile devices, while additionally providing alerts and money-saving features. The best value in these solutions lies within the analytic and money-saving features such as roaming alerts based on call re-direction and GPS location. MEM solutions allow organizations to reduce and control more device expenses through wireless auditing, reporting, forecasting and invoices. Invest in MEM solutions to save money and organize the expenses of the mobile devices within your organization.