Reduce Costs and Simplify Processes with Centralized, Efficient Technology
Velocity’s GEM is a cutting-edge Telecom Expense Management (TEM) solution that leverages Velocity’s twenty years of client & partner success experience. GEM delivers comprehensive financial, operational, and strategic benefits, including expense reduction, budget management, process automation, and seamless adaptation to technology changes, all within a single, user-friendly platform. This industry-first option presents a unique balance between a one-size-fits-all option and an individual, highly customized solution.
Optimize Your Spend
GEM excels in expense reduction and cost optimization, helping your business streamline telecom expenses significantly. This leads to efficient allocation of resources and a strategic approach to managing IT budgets, ultimately ensuring that every dollar spent is optimized. GEM’s seamless budget management also assists with fiscal responsibility; GEM simplifies expense allocation and compliance, ensuring that your expenses are accurately distributed and aligned with organizational policies.
Spend More Time on What Matters
GEM offers operational advantages as well, including process automation driven by Robotic Process Automation, Artificial Intelligence and Machine Learning. This efficiency not only optimizes your time but also guarantees that your internal personnel can focus on more important tasks. Global Expense Management empowers you and your teams to automate processes and optimize resource allocation, enabling your business to thrive in a dynamic business landscape.
Stay on Top of Tomorrow’s Market
Technological evolution is constant, but GEM enables you to adeptly navigate these changes. GEM seamlessly integrates updates and upgrades, helping you remain agile and competitive in tomorrow’s markets – today. Moreover, GEM’s approach to managing and planning for contract terms and conditions provides a sturdy foundation for long-term strategic planning. This means you can make informed decisions regarding renewals or negotiations and align strategies with your company’s overarching goals.
What’s Included in the GEM Platform
Auditing
Ensure precise cost control and compliance with GEM’s auditing tools; eliminate unnecessary costs and expenses with ease.
Invoices
Easily visualize all invoices, due dates, amounts, and more to avoid late fees and optimize payment schedules.
Payment
Making payments is streamlined with the GEM platform. Simply make one monthly payment and Velocity handles the rest.
Support
With GEM, you get access to a dedicated support account manager and our top-rated, US-based support, 24/7/365.
Expense Management That Fits Your Needs
Data Flexibility
GEM’s unique ability to pull in non-standard data sources and formats means that you are able to customize and configure your inputs further than with other Telecom Expense Management solutions.
Dedicated, Personalized Support
You get unlimited access to Velocity’s expansive support network and dedicated account managers. This means that you get the help you need – when you need it, regardless of what time it is.
Beyond Cost Reduction
GEM is an industry-first platform that combines the benefits of standard Telecom Expense Management cost reduction with additional cost reduction through contract life cycles of Carrier Services.
What our Clients Love About GEM
Expenditures by Site & Service
- Single dashboard of all expenditures by location
- Interactive drill through to site & charge details
- Drill down to the billing item level
Finance Dashboard
- Heat map of all locations including interactive selection
- Breakout costs by department, region & vendor summary
- Charge trending and forecast
Savings Tracker
- Single dashboard of all expenditures by location
- Interactive drill through to site & charge details
- Drill down to the billing item level
Accounts Payable
- Complete visibility into every invoice approved and paid including vendor confirmation #s
- Access to the PDF image of every invoice processed
- Access to historical billing for the account in question
Case Studies
See how the GEM platform helped clients optimize their workflows and save money and time.
$56,000 in monthly recurring savings and cost avoidance
How we helped a client solve a lack of comprehensive and centralized visibility into the total telecom costs.
Reduced monthly telecom costs by 8%
Learn how GEM helped this client save on their Telecom spend as well increase departmental efficiency.
