Technology Expense Management

The Technology Expense Management (TEM) solution from Veroxos allows enterprises to manage all their mobile, cloud and telecommunications services in one place.

technology expense management

Seamless Integration

Veroxos integrates with any HR, accounts payable, or help desk proprietary systems. It tracks and manages fully integrated data from multiple sources.

Single Platform

Simplify your processes with a single platform to view and manage your global telecom and technology spend.

Automatic Allocation

Veroxos accurately splits costs into the correct fiscal month/ year whilst placing them into the correct cost center and GL codes.

Invoice Validation

Veroxos provides full invoice validation – checking every cost against the vendor contract.

Key Benefits

Automatic Accuracy

Enhanced billing accuracy through automated invoice processing and audits to detect billing anomalies early in the cycle.

Improved Compliance

Improved compliance and business continuity through efficient management of contract requirements.

Efficiency​

Automatic tracking of unused/ under-used services and licenses from usage data.

Total Transparency

Veroxos offers superior control and visibility into telecom and technology related expenses across your enterprise. It provides global visibility into your organisation to understand every cost’s source, type, and location.

Cost Savings

Veroxos locates, manages and corrects inefficiencies on an ongoing basis to enable continuous optimization. Savings in excess of 10% are common, even if the organization already has a TEM solution.

Our clients

Driving technology for leading brands

Most telecom and cloud services now operate under a usage based charging model. Services such as Office 365, Salesforce, Azure, AWS and Google all charge on a monthly basis. 

The complexity, risk of cancelling an operational service, and the size of invoices, means that many organizations simply pay each invoice without validation. However, this is a risky move. 

On average, 30% of of vendor bills are inaccurate so most companies are heavily overpaying by operating like this. 

The Technology Expense Management (TEM) solution from Veroxos allows enterprises to manage all their mobile, cloud and telecommunications services in one place. 

This enables our users to proactively reduce expenses, introduce new efficiencies, increase visibility and provide better control for their services.

Find out why so many organizations use the TEM platform from Veroxos

Tired of using spreadsheets to manage billing? Tired of manually allocating costs internally? Think your vendor is invoicing you too much? Want to save money but have no management information? Register below for a free complimentary demo of the Veroxos TEM solution.