TEM Auditing That Goes Beyond Compare

TEM Auditing That Goes Beyond Compare

Did you know that enterprises that don’t use automated SMART technology are only able to audit 10% – 20% of their spending?

That said, companies that do use automated SMART technology in their auditing process can audit vast amounts of data seamlessly, consistently, and contextually; for every charge on every invoice for every vendor.  

What does that mean for organizations? 

In our experience, automated auditing (the type that’s powered by SMART technology) always results in significant cost savings, a dramatic re-capture of employee capacity and peace-of-mind that money isn’t being left on the table. That’s because intelligent, automated SMART auditing can evaluate expenses and invoices in ways that manual auditing, and/or basic automated auditing (most TEM products), is incapable of doing. 

For example, let’s say a TEM product creates invoice audit rules around late payments and rate fluctuations. Normally, an audit would create two separate exceptions for these two rules, even if they were related (as they can be in this case). This separation causes false positives and extra work to sort out what is related and what isn’t – work that has to be done manually. It’s a time consuming process that’s rife with human error and missed savings opportunities. Conversely, in an automated auditing process, SMART technology can identify the two exceptions and group them together if they are related without the need for manual intervention. SMART technology gives audit rules context for faster and more accurate results and minimizes the manual work required to review audit items.

 

AMI’s 360-Degree Approach:

AMI has developed an automated auditing process that utilizes SMART technology within its temNOW™ product called SmartAudit,  that provides context for auditing rules by taking a 360-degree view of each invoice and contract. Our SmartAudit feature doesn’t just compare rates to the contract, but instead looks at all of the pieces of a bill in a systematic way – including usage, inventory, contracts, trends and opportunities to find savings even if there aren’t rate changes.  Nothing slips through the cracks. Typical audit engines can’t replicate this intricacy and it is laborious to do it manually.

Smart Audit and ETL

And because our SmartAudit partners with ETL (Extract Translate Load), temNOW can automatically populate the inventory, rates and contractual information directly from invoices. We don’t need information from the client on inventory, contracts, employees or account structures.  We simply need invoice data. This makes getting clients up and running on temNOW quicker and easier than it is with other TEM providers. From practically day 1 – invoices can be uploaded and contracts populated so that the SmartAudit is taking a 360 degree look.  Additionally, once connected, clients can access and leverage this data for analytics, trends and comparisons.

And we know that this type of auditing can bring big savings to an organization. In fact, one client saved more than $330,000 in just the first three months of using our temNOW product as a direct result of SmartAudit. 

SmartAudit is just one of the features that sets temNOW apart from the competition in terms of efficacy, ROI and ease of use. If you’re ready to learn more about SmartAudit, or gain insight into temNOW’s other cutting-edge features, let’s connect.

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AMI's Cloud Management Test Drive

Ready to see AMI's Cloud Management in action? Take a test drive with your existing cloud providers to see how easy it is to manage one or more public or private cloud environments
What We'll Need:
  • About 30 minutes with you appropriate cloud technical owners to establish the appropriate data feeds with your providers
What to Expect:
  • Pre Analysis: A quick call to learn a few things about your current environment and coordinate establishing the right data feeds. 
  • Post Analysis: A call once the analysis is complete to review your data in the AMI system.
What We'll Review:
  • A tour of your normalized cloud data in the AMI platform.
  • Rightsizing recommendations based on CPU, RAM and Storage for sizing, power state, and reserved instances in public cloud environments.
  • Identified security vulnerabilities, misconfigurations, and other anomalies. 
  • An overview on how you can deploy 150x faster with role based access controls and group designations with built-in guardrails such as predefined catalogs and security policies.
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We will connect you with partner specialist to discuss:
  • What you are looking to achieve with an AMI partnership
  • Partnership options
  • Next steps

AMI's
Utility & Sustainability

Test Drive

Through our Utility & Sustainability Test Drive, you decide what you would like us to do.

We load three months of gas, water, and power invoices from your largest facilities through our platform. Then, our analysts review the results and prepare a summary of their findings.
What We'll Need:
  • Three months of your PDF invoices from any carrier in your environment (domestic and/or global)
What to Expect:
  • Pre Analysis: A quick call to learn a few things about your current environment and coordinate securely sharing your invoice data with us.
  • Post Analysis: A call once the analysis is complete to review our findings.
Option 1: Sustainability Baselining:
Complimentary review providing you:
  • A tour of your data in the AMI platform, detailing granular site-by-site energy consumption and spend.
  • Quick identification of usage spikes based on trending data
  • Avoidable spend savings 
  • An overview on how you can create targets, measure results, identify outliers and prioritize improvements.
  • A demonstration of how easy it is to integrate Scope 2 consumption data directly from our system to any desired environmental reporting framework.
Option 2: Historical Utility Audit:
Contingency-based audit that analyzes:
  • Site-by-site energy consumption and spend
  • Historical billing and tariff errors
  • Benchmarking recommendations
  • Underutilized tax incentives
  • Other state, local, and federal programs you qualify for
  • Alternative utility provider options (deregulated markets)
  • Green energy alternatives
  • Anything else that jumps off the page
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We will connect you with an expert to discuss how AMI can help you achieve your ServiceNow goals

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Managed Automation Specialist

We will connect you with a specialist to discuss:
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  • The manual business process you want to automate
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AMI's
Complimentary
Mobility Health Check

Through this analysis, we run your latest three mobility invoices through the AMI platform. Then, our analysts review the results and prepare a personalized summary of their findings.
What We'll Need:
  • Three months of your PDF invoices from any carrier in your environment (domestic and/or global)
What to Expect:
  • Pre Analysis: A quick call to learn a few things about your current environment and coordinate securely sharing your invoice data with us.
  • Post Analysis: A call once the analysis is complete to review our findings.
What We Typically Review:
Recommendations on:
  • Domestic data & voice pool optimization 
  • Standalone & bundled plan optimization
  • Zero/low/high usage devices, plans & features
  • Overages & usage charges
  • 3rd party charges
  • Situational savings (early termination fees, activation fees, late fees, etc.)
  • Anything else that jumps off the page
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AMI's Historical Telecom Audit

Through this contingency-based analysis, AMI can assist you in reducing your IT budget or unlocking new funds to pursue other projects through a complete MRI of your largest telecom service providers.
What We'll Need:
  • Three months of your PDF invoices from the largest carriers in your environment (domestic and/or global)
What to Expect:
  • Pre Analysis: A quick call to learn a few things about your current environment and coordinate securely sharing your invoice data with us.
  • Post Analysis: A call once the analysis is complete to review our findings.
What We Typically Review:
  • An extensive review consisting of thousands of automated audits that hunt for savings based on known billing errors, NNI/UNI/EVC correlations, filling in data from FCC databases/LERG/NECA/other industry databases, benchmark savings, service provider consolidation, and modernization savings.
How Far Back in TIme Can AMI Dispute Identified Billing Errors?
  • In most cases two years, but in some cases up to seven years.
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