TEMEdge

TEMEdge is a cloud-enabled Expense Management solution offered by TEMEdge. According to the vendor, this solution aims to automate, optimize, and manage technology spend for organizations of various sizes. It caters to the needs of IT, finance, and procurement departments, as well as telecom and technology companies. The vendor claims that TEMEdge provides a range of features to support expense management, including:

Cloud-enabled Expense Management solution: According to the vendor, TEMEdge automates and streamlines expense management services within organizations, with a focus on technology spend optimization and management.

Invoice Processing: The vendor claims that TEMEdge automates the processing of technology invoices, streamlining invoice validation and payment processes. It also tracks missed and delayed payments, providing timeliness of invoice payments.

Inventory Management: According to the vendor, TEMEdge tracks new lines and inventories, alerts on variances and rate mismatches, enables historical comparison of invoices, and links services to locations, vendors, accounts, and charges.

Invoice Audit: TEMEdge validates loaded and entered files through pre-defined validation checks, logs and tracks raised disputes with vendors, eases dispute reporting, and provides alerts on approaching payments, as claimed by the vendor.

Contracts Management: According to the vendor, TEMEdge manages contracts related to technology services, tracks contract terms, renewal dates, and compliance, automates contract management processes, and enables better contract negotiation and vendor management.

Accounts Payable: TEMEdge logs payment information at the invoice level, alerts on approaching payments, tracks payments made at the invoice level, and provides comprehensive payment reporting, according to the vendor.

Reporting: The vendor claims that TEMEdge generates usage reports based on charge types, provides dispute reports, invoice reports, and payment reports, generates inventory reports based on service, location, spend, and vendor, and offers dynamic reporting capabilities for better insights.

Integrated and Modular Platform: According to the vendor, TEMEdge leverages common data, such as cost center information, provides centralized views of inventory across modules, offers a choice of modules as per requirements, and supports scalability and multiple locations.

Synchronized Data Exchange: TEMEdge automates and synchronizes the exchange between technology vendor feeds, eliminates duplicate data entry, ensures accurate and quick validation of data, and improves data integrity and reliability, as claimed by the vendor.

Flexible Deployment Options: TEMEdge is offered as a hosted, software licensed, or outsourced solution, according to the vendor. They claim that it guarantees total visibility into the complete technology lifecycle, reduces costs and saves time, and adapts to the specific needs of organizations.