What is Cloud Expense Management | CEM?
Cloud Expense Management (CEM) is an extension of Telecom Expense Management(TEM) services and is the process of managing the growth of cloud services in enterprises. RadiusPoint has created a License Management extension, that will finally allow end-users to view Wireless, Cloud billing or Software licenses that are in use and those that are unassigned. ExpenseLogic’s License Manager is a powerful yet easy-to-use tool that allows organizations to accurately manage software licenses. It also transforms the interface into a foundation from which new logical, intuitive end-user functionalities can be built and updated.
According to Gartner, cloud-related spending is expected to double over the next 4 years topping $300B per year! Most companies have no idea how to track & manage their Cloud expenditures. RadiusPoint has found that the most successful solutions generate consistent experiences. With that said, our exciting addition will constantly allow users to update the license for their Mobile devices, Cloud services, and Software licenses on our user-friendly platform.
Using ExpenseLogic’s powerful reporting is by far one of the most impactful technologies that have transformed the way many of our clients have conducted their business. RadiusPoint’sscalability, virtualization, and security patching across multiple systems almost in just a few steps. These features have improved the overall cross-functional coordination, customer relationship management and process delivery at the very organizational level.
Driving cost-effectiveness in the organization
Facilitating cross-technology collaboration
Mitigating risk and errors in invoice management