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TEM Glossary | Valicom

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.

Software-as-a-Service (SaaS)

Definition:

Cloud-based software delivered on a subscription basis, eliminating the need for local installation.

Usage Example:

Valicom’s SaaS TEM updated automatically with no IT maintenance.

Suggested Terms

Spend Management ➜ Service Order Management ➜ Service Level Agreement (SLA) ➜

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