MobiChord recognized by Gartner’s 2020 Telecom Expense Management Service Market Guide

MobiChord, a leading technology expense management (TEM) software provider, is natively built on the ServiceNow platform and announced that it will be included in Gartner’s 2020 Telecom Expense Management Service Market Guide.

Gartner, the world’s leading research and consulting company, publishes an annual market guide for TEM services to help business leaders make decisions about evaluating TEM suppliers to suit their organization’s needs. It can also be used as insight to fully understand the challenges, trends and opportunities of the TEM market.

MobiChord CEO and co-founder Herbert Uhl (Herbert Uhl) said: “We are honored to be recognized in the guide and thank our amazing customers and employees for making it a reality.” The achievement further proves that our unique approach to TEM is disrupting the industry and providing great value to our customers.

Here are some key findings from the Market Guide:

• Through the COVID-19 outbreak, as organizations try to recover from the economic recovery from the 2020 global pandemic, companies are seeking to cut hard costs and reduce equivalent expenditures. Going forward, this will also increase the focus on cost savings to improve processes and keep inventory up to date.

• Customers expect pre-integrated functions with leading IT Service Management (ITSM), General Ledger (GL), Accounts Payable (AP), ERP and Unified Endpoint Management (UEM) systems, and expect to use API​​. This will enable seamless workflow and data flow, internal refund distribution, and inventory classification by users, personnel, property, and even individuals.

Gartner, “Market Guide for Telecom Expense Management Services” [Katja Ruud, Pablo Arriandiaga, Lisa Unden-Farboud, Bill Menezes], [14 October 2020].

About MobiChord

MobiChord is a leading technology expense management software provider, and its solutions are built into the ServiceNow platform. MobiChord works with businesses and government agencies around the world to expand ServiceNow to support management of mobile, voice and network, and cloud. For more and more companies that are adopting ServiceNow to automate their workflow management, MobiChord’s product suite provides truly distinctive products that can retain and generate budgets, simplify work, and provide global visibility. MobiChord’s commitment to product innovation and customer service has earned Inc. 5,000 honors in the past two years.