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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.

Spend Management

Definition:

Controlling all service-related expenses to stay within budget. It tracks and optimizes costs across vendors.

Usage Example:

Spend management kept budgets on track.

Suggested Terms

Software-as-a-Service (SaaS) ➜ Service Order Management ➜ Service Level Agreement (SLA) ➜

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