TEM provider Veramark Technologies Inc. (VERA.OB) has announced the release of VeraSMART Performance Advisor, a business intelligence solution for analyzing telecom expenses and generating actionable information that can help reduce costs and improve productivity.
VeraSMART Performance Advisor provides multiple ways to analyze expense data collected and managed by VeraSMART Communications Management Suite — Veramark’s TEM-enabling technology. VeraSMART Performance Advisor summarizes the vast amount of data collected by VeraSMART using easy-to-comprehend analytic dashboards, charts and graphs.
The product allows businesses to analyze expenses by organization (department, cost center, location, etc.), vendor, service type and inventory type. It provides the ability for business units such as IT, finance, procurement and individual departments to generate business intelligence that can quickly be acted on — maximizing the value of information from the supporting VeraSMART components, and drawing on complementary business applications such as enterprise resource planning, human resources and supply chain management systems.
VeraSMART Performance Advisor will begin shipping on June 30, and is available for on-premise licensing, SaaS, BPO, and as an enabling technology through Veramark Telecom Expense Management Consulting Services.