Technology expense management (TEM) was developed to minimize this expensive and repetitive drudge work. TEM also makes finding inaccuracies in invoices – some of which are thousands of pages long — much easier than in the past. You may suspect that there are inaccuracies within an invoice that’s one thousand pages long, but with less than 30 days to check the invoice, identify the issues, open billing disputes and get the invoice approved and paid, it’s virtually impossible to do anything about it the old-fashion way. Technology expense management automates that effort, enabling you to work smarter and process your invoices accurately, confidently and timely.
Technology Expense Optimization (TEO) with BCM One, powered by our proprietary Sophia™ tool, is a first-of-its-kind managed TEO solution that unlocks all of the benefits that TEM alone cannot deliver.