Your understanding of Technology Expense Management (TEM) terminology begins here with Valicom.This TEM glossary explains the most common terms in simple, approachable language to help you understand, manage, & optimize your telecom environment.
Contract Management
Definition:
Tracking and renewing service agreements to ensure favorable terms and avoid auto-renewals. It keeps contracts aligned with needs.
Usage Example:
Contract management alerted the team to an upcoming renewal.
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