Telesoft 10.0 Upgrades TEM Software for Large Enterprises with Enhanced Wizard-Based Reporting, Advanced Mobile Order Management and a New Web Interface.

Phoenix, Ariz. (June 30, 2010)— Telesoft, a leading Telecom Expense Management (TEM)  software and services, today introduced the Telesoft 10.0 TEM software solution, providing enterprises unmatched visibility and management over fixed and wireless telecom expenses. Quickly and dramatically reducing unnecessary or improper spending and maximizing investments in telecom services, Telesoft TEM version 10.0 addresses two major challenges in the market, including expanded requirements for usability and comprehensive reporting for increased visibility into telecom spending.

Through a single, comprehensive web interface, Telesoft provides flexible, wizard-based reporting and advanced mobile order management for clear, automated control of wireless service activities. By combining an effective mobile policy with mobile ordering technology, Telesoft 10.0 enables enterprises with complex telecom usage practices to quickly reduce telecom expenses, increase employee support and provide a complete financial picture of telecom spending to meet the needs of various departments, including finance and IT.

“By implementing a fixed and wireless telecom expense management solution, Telesoft customers typically save 35 percent on telecom expenses,” said Thierry Zerbib, chief executive officer of Telesoft. “Given the average telecom spend of our customers annually is in the millions, that adds up to a big number.”

According to industry analysts, wireless costs will surpass fixed costs as wireless spending continues to grow at a rate of 30 percent or more per year, and 80 percent of enterprises will overspend on their wireless service costs by an average of 15 percent. With TEM, the average enterprise can expect to save up to 35 percent of its annual mobile spend. TEM continues to evolve, requiring proactive, ongoing management to reduce skyrocketing expenses. But critical to the implementation of this enhanced management is enforceability of the mobile policies.

"Large enterpriess struggle not only to enforce mobile policies to reduce telecom costs but also to optimize spending across all carriers in their markets," said Eric Goodness, Research Vice President, Gartner. "Given the growth in mobile spend globally, Gartner is seeing customers look for vendors that can help them avoid costs through the use of fixed and mobile TEM solutions.

Texas Tech University, which utilizes the full suite of Telesoft’s TEM solutions, signed up as the primary beta customer for the 10.0 release. As an early user of version 10.0, the team was extremely pleased with the speed, functionality and ease of use of the new release. “As a long time Telesoft user, we have come to expect a rich and broad feature set. What impressed me the most were the usability enhancements of the system,” said Jimmy Holland, telecom manager, Texas Tech University. “Coupled with the new reporting capabilities, this release will really empower us to take our TEM activities to the next level.”

About Telesoft

Trusted experts in Telecom Expense Management (TEM) software and services for over 25 years, Telesoft reduces fixed and mobile telecom spend to improve an organization's bottom-line. Telesoft automates the telecom expense management lifecycle - from management of telecom invoices, usage and cost allocation, through provisioning and inventory - to lower telecom expenses and improve efficiencies. Offered as hosted, licensed or outsourced solutions, Telesoft provides an integrated management platform for centralized inventory, common data sharing and unified reporting. Telesoft solutions are used by hundreds of commercial and government organizations including the largest and most complex telecom environments in the world.

Telesoft 10.0

Combining an effective mobile policy with mobile ordering technology reduces expenses, better supports employees and improves efficiencies. With Telesoft 10.0, enterprises can enforce mobile policy and streamline ordering with a single point of entry for administrators, managers or employees to order mobile devices across carriers.

Telesoft 10.0 provides enterprises with a complete financial picture of telecom spend— the only way to effectively cut costs and optimize spend. With Telesoft 10.0, enterprises can ensure accurate and optimal spend with a unified view of fixed and wireless expenses through detailed reporting that meets the needs of different users, including telecom, IT, finance and management.

Telesoft 10.0 features a simple, easy-to-use interface that improves productivity and speeds ramp-up time. The more intuitive web interface is designed to meet the needs of multiple teams within the organization, including employees who are ordering services.

Media Contacts

Laurie Falconer, Schwartz Communications for Telesoft
telesoft@schwartz-pr.com
(415) 512-0770