What is IaaS Cloud Expense Management (CEM) and what are the benefits of a CEM Software?
IaaS (Infrastructure as a Service) expense management is a full lifecycle solution that provides cost and invoice management, inventory analysis, cost allocations, charge backs, AP/GL file integration, usage management, optimization recommendations and the option of bill payment.
CEM for IaaS software automates manual and inefficient financial operations for expenses, assets and usage within this spend category. It allows a business to gain visibility and control over their complex and costly IaaS environments to eliminate wasteful spending. The solution that provides comprehensive, centralized reporting and analytics that identify usage and spending spikes as well as capacity across an organization. Tangoe One Cloud for IaaS leverages the power of AI, ML and RPA to help enterprises simplify, manage and optimize these expenses in order to properly allocate resources, scale their business and maximize ROI.