TnT Expense Management Announces 2006 Growth, Marks Banner Year for Client Savings and Company Expansion: Quiet Leader Bridges the Gap Between Technology and Finance as Telecom Expense Management Industry Grows

Share Article

TnT Expense Management, an industry-recognized, premier provider of telecom expense management (TEM) services, today announced banner growth and company expansion in 2006. Utilizing a personalized, in-depth, full life cycle approach to TEM for all wireless, wireline and IT expenses, TnT Expense Management doubled its business in 2006 in terms of employees, total telecom spend and total inventory items under management.

TnT Expense Management separates itself from other companies in the TEM space by providing in-depth, hands-on quality work

    Founded in 1999, TnT has been profitable from day one, consistently delivering results for its enterprise and mid-market clients and growing its business through referrals. TnT saved a Fortune 100 financial services company over $46 million dollars and last year alone, saved another financial powerhouse $15 million, including a significant percent of its wireless spend. In a world with zero tolerance for network downtime and increasing cost and complexity for telecom services, TnT is proud that all of its clients provide positive references for its services.

"TnT's roots lie in contract negotiations and auditing through detailed inventory management; we grew our company and product offering based on in-depth knowledge and experience in this industry," said Michael Bodetti, President and CEO of TnT Expense Management. "While our state-of-the-art software is essential in finding anomalies and saving our clients millions of dollars each year, our dedication to ensuring those savings are delivered is what separates our services from those of our competitors."

TnT's unique flavor of personalized TEM provides clients with the best of both worlds: scalable management and reporting solutions and unparalleled telecom experts who negotiate contracts, hunt down refunds and optimize telecom and IT spend. While other TEM vendors run basic checks to identify anomalies in billings, TnT Expense Management has differentiated themselves by performing the critical next step of day-to-day inventory management, researching all anomalies and aggressively pursuing corrections and refunds for TnT Expense Management clients. The key to TnT Expense Management's in-depth approach lies in its dedicated professional analysts with more than 20 years of telecom experience.

"TnT Expense Management separates itself from other companies in the TEM space by providing in-depth, hands-on quality work," said Jon Beyman, former executive vice president of Lehman Brothers Holding Inc. and current TnT board member. "TnT's persistence with claims errors, experience in contract negotiation and detailed reporting system results in a unique, comprehensive solution for their clients."

"Aberdeen Group has found that enterprises proactively manage only 67% of their telecom expenses and 65% of enterprises do not have an accurate inventory of service usage data. As telecom and IT expenses become a larger expense line item, we see that this market is poised for continued growth. Suppliers are helping enterprises manage inventory that is constantly changing, complex billing, and a challenging claims process. Automation of labor-intensive invoice processing, allocation charge-backs, dynamic reporting, and optimization programs are helping secure bottom-line cost savings for companies that implement these programs," said Joe Basili, Research Director, for Aberdeen Group.

About TnT Expense Management

TnT Expense Management optimizes telecom and IT spending for enterprises and mid-market businesses through a personalized, full life cycle approach to telecom expense management that takes full responsibility for all wireless and wireline expenses, from auditing and bill processing to inventory and vendor management, device procurement to contract negotiation and aggressive claims tracking. TnT clients are corporations in the finance, manufacturing, communications and insurance sectors as well as state government and other Fortune 500 businesses. TnT Expense Management is a privately held company based in Sandy Hook, Connecticut with staff also in New York, New Jersey, California and Kentucky.

Additional information about TnT Expense Management can be found at http://www.tntem.com.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Kari Hernandez
Visit website