Telecom Expense Management
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Telecom Expense Management

What is Telecom Expense Management? A lack of visibility into your telecommunications resources is the primary cause of many problems. Telecom Expense Management (TEM) helps your company maximize available resources, identify inefficiencies and streamline business processes. TEM centralizes everything associated with your telecom spending, from your employees’ mobile plans to customer service’s phone systems. Typical functions Telecom Expense Management handles includes managing telecom invoices, procuring equipment, monitoring usage and auditing existing infrastructure.

Asentinel’s patented Telecom Expense Management (TEM) software technology is the lifeblood of Asentinel. We provide a comprehensive, global TEM application that encompasses the entire lifecycle of wireless, wireline, data and equipment assets, as well as invoices, orders and the associated business intelligence and actionable analytics to:

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With Asentinel, all of your telecom assets will reside in one central repository. As invoices are uploaded into the application (by the Asentinel team as a standard deliverable), each line item is audited against your inventory as well as your contracted rates and customized business rules. All provisioning, disputes and tasks are managed within the same application, allowing you to generate the comprehensive reports you need to manage your telecom infrastructure, better forecast budgets and negotiate with carriers from a position of strength and documentation.

Our self-managed or BPO solutions are available as an Asentinel Hosted or Customer Hosted deployment and are so innovative, we’ve been recognized by the United States government with multiple patents for our leading-edge approach to TEM.

Not sure you can do this on your own? We can manage it for you. Take a look at our BPO Solutions.

Breaking News: Tangoe to be combined with Asentinel
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Tangoe to be combined with Asentinel to create a market leader

LOS ANGELES & ORANGE, Conn. & MEMPHIS, Tenn. April 28, 2017 — Marlin Equity Partners (“Marlin”), a global investment firm, announced today that it has entered into a definitive agreement to acquire all outstanding shares of Tangoe, Inc. (OTCPK:TNGO) (“Tangoe”) for $6.50 per share in cash. Tangoe is a global leader in telecom expense management (“TEM”) solutions that enable enterprises to manage and optimize spend across multiple IT categories by providing visibility into the complex processes associated with their assets and expenses.

“After careful consideration and deliberation, our Board of Directors concluded that the sale of Tangoe to Marlin was in the best interest of Tangoe and its shareholders,” said Jerry Kokos, Executive Chairman of Tangoe. “Given its deep bench of operational resources and excellent track record of acquiring and growing businesses in the TEM market, Marlin is an ideal partner for Tangoe. This transaction provides the opportunity for immediate and substantial value to Tangoe shareholders, while also allowing Tangoe greater flexibility to execute on its long-term strategic vision.”

At closing, Marlin intends to combine Tangoe with its existing portfolio company Asentinel, a provider of TEM software and services. The combination would create a market leader managing more than $38 billion of IT and telecom spend on behalf of over 1,300 customers worldwide. The new company would operate under the Tangoe brand with Jim Foy continuing to serve as CEO, with Tim Whitehorn, CEO of Asentinel, serving as the Chief Product Officer.

“We are excited about the opportunity to partner with Marlin and combine with Asentinel, and see tremendous benefit in combining Tangoe’s global scale and comprehensive offering with Asentinel’s heritage of technological innovation,” said Mr. Foy. “The breadth and depth of our combined product and service capabilities, delivered on a global scale, should enable us to provide a compelling value proposition to our customers,” added Mr. Whitehorn.

“We look forward to working closely with the Tangoe and Asentinel teams to develop world-class solutions and drive customer success,” said Peter Chung, a principal at Marlin. “This agreement further supports Marlin’s long-term commitment to the TEM market and the value we believe these solutions deliver to customers.”

Follow this link to read the full press release: https://www.asentinel.com/marlin-equity-partners-enters-into-agreement-to-acquire-telecom-expense-management-leader-tangoe-inc/