Passing IT and financial audits can feel stressful, especially if you’re not fully prepared. But there’s a helpful tool that can make things much easier—Telecom Expense Management, or TEM for short. If you’ve never heard of it before, no worries. TEM is a way to keep track of your company’s phone, internet, and other communication service costs. Services like routecanal.com offer TEM to help businesses stay organized and save money.
So, how does this connect to audits? Auditors look for clear records, consistent billing, and policies that match what’s actually happening in your company. If your phone or internet bills are all over the place and you don’t know what’s being used or paid for, that’s a red flag. TEM helps you pull everything together in one place. It gives you reports that show what you're spending and where, which makes it easier to answer any audit questions.
One big part of IT and financial audits is security and access. Auditors want to know who has access to company data and how it’s being managed. TEM can help keep track of mobile devices, phone lines, and other tools your team uses—so you know exactly who is using what. That way, you can show that resources have been properly assigned and that no one is using company services without approval.
Another way TEM helps? It cuts down on errors. People sometimes pay for services they don’t use anymore—like a phone line for an employee who left months ago. TEM tools catch these kinds of issues. Not only does this save money, but it also helps make sure your financial records are clean and correct, which is something auditors really like to see.
And if your company ever gets a surprise audit or has to show records from months ago, having TEM in place means you can pull up that data quickly. No digging through old spreadsheets or forgotten email threads.
In short, TEM helps you stay organized, make fewer mistakes, and be ready with answers when the auditors ask questions. It’s one less thing to worry about, and that’s something every business can appreciate—big or small.