WEM meaning in Business ?

Answer:

What is Wireless Expense Management mean?

Wireless Expense Management (WEM) is an extension of Telecom Expense Management (TEM) services and is the process of managing enterprise's mobile and wireless devices. However, not only auditing invoices are enough to fully manage the device from procurement to retirement. Corporations need to be able to focus on their core business; the larger the business, the more there is to handle on a day-to-day basis. Businesses with a large mobile/cellular/wireless presence also have the expenses associated with them. These companies need professional Telecom Expense Management (TEM) to help them manage their wireless telecom bills accurately and effectively.

For a business already under pressure from their primary business obligations tasking an accounts payable department with tracking the ever-changing wireless technologies and changing General Ledger (GL), codes from acquisitions and mergers can be overwhelming and are not qualified to track what they need to look for to make sure that telecom bills are truly accurate and the business is not being overcharged.

reference

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