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Top 10 Telecom Expense Management (TEM) Services SaaS Companies (November 2026)

As of November 2026, Latka tracks 18 telecom expense management (TEM) services SaaS companies. They have combined revenues of $245.7M and employ 5.2K people. They have raised $1.4M and serve 40M customers combined.

Every company below sells telecom expense management (TEM) services software to other businesses and is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.

What Telecom Expense Management (TEM) Services SaaS Companies do

Telecom Expense Management (TEM) Services are designed to help organizations manage and control their telecommunications costs and assets. These services encompass a range of activities, including monitoring, analyzing, and optimizing expenses related to voice, data, and mobile communications. By leveraging TEM solutions, companies can accurately track usage, identify unnecessary expenses, and ensure proper contract management to optimize their telecom resources. Key use cases for TEM Services include expense reporting, billing analysis, and resource allocation, often resulting in significant cost savings for organizations. Typical features of TEM solutions include automated invoice processing, telecom asset management, usage analytics, and reporting tools. Common buyer personas for TEM services include finance, IT, and procurement departments, who seek to enhance accountability and transparency in telecommunications spending.

Companies
18
Revenue
$245.7M
Funding
$1.4M
Employees
5.2K

Filters

Sorting: Highest -> Lowest

Filters

Top Telecom Expense Management (TEM) Services SaaS Companies by revenue

Showing 10 of 18 companies ranked by annual revenue.

1Sakon logo
Sakon

Concord, Massachusetts, United States

Sakon helps enterprise clients in a wide range of industries control telecom spend and manage end-user devices more efficiently. The company’s Telecom Expense Management, Managed Mobility Services and Cloud Expense Management solutions reduce operational costs, increase insights and optimize financial performance through a platform that connects organizations with suppliers globally, automates workflows and optimizes services. Founded in 2003 and headquartered in Concord, Massachusetts, Sakon has over 900 employees with offices in the United States, Canada, the United Kingdom, China, Singapore and India. For more information, go to www.sakon.com.

Revenue
$111.9M
Year founded
2003
Team size
1K
2Intraway logo
Intraway

Buenos Aires, Argentina

Telecom software solutions and services

Revenue
$60M
Customers
40M
Year founded
1999
Team size
203
3Deutsche Telekom IT Solutions logo
Deutsche Telekom IT Solutions

Budapest, H-1097, Hungary

The largest ICT employer in Hungary, Deutsche Telekom IT Solutions (formerly IT-Services Hungary, ITSH) is a subsidiary of the Deutsche Telekom Group and Germany-based Deutsche Telekom IT. Established in 2006, the company provides a wide portfolio of IT and telecommunications services with more than 5000 employees. ITSH was awarded with the Best in Educational Cooperation prize by HIPA in 2019, acknowledged as one of the most attractive workplaces by PwC Hungary’s independent survey in 2021 and rewarded with the title of the Most Ethical Multinational Company in 2019. The company continuously develops its four sites in Budapest, Debrecen, Pécs and Szeged and is looking for skilled IT professionals to join its team.

Revenue
$45.6M
Year founded
2006
Team size
3.9K
4At Comm logo
At Comm

Manchester, New Hampshire, United States

Provider of information technology network management services. The company is engaged in providing cloud based, voice network management, accounting and reporting services to its clients in Manchester.

Revenue
$6.1M
Year founded
1982
Team size
10
5InverCloud logo
InverCloud

Little Island Roads, Munster, Ireland

Invercloud offers a comprehensive platform for creating a cloud reseller marketplace, built on years of experience with Telcos and cloud development.

Revenue
$5M
Year founded
2011
Team size
1
6Velocity IT logo
Velocity IT

Richardson, Texas, United States

Dallas service provider of managed IT, desktop and server support, cybersecurity, cloud hosting, VOIP and telecom solutions, and more

Revenue
$4M
Year founded
2014
Team size
7
7Bluewater Control logo
Bluewater Control

Barangaroo, NSW, Australia

Bluewater is a SaaS platform for streamlining the management of mobile services, devices and telecom expenses; from procurement through to usage, asset and cost management. In a world where the number of mobile devices is growing rapidly, our mission is to remove organisational inefficiency, pain and cost in mobility management by centralising fleet owner processes and controls into one platform. Our platform delivers.. - Improved workflow; saving time, reducing cost and improving data quality. - Increased visibility on cost & usage; facilitating control & allocation of expenses, management of user behaviour, and timely identification of unallocated and potentially redundant services. - Improved governance & control of assets; by closing the gap between procurement, billing, and asset management. We're empowering finance and technology managers to better manage mobility and telecom spend and to save money through the management lifecycle. Jump on our website to learn more.

Revenue
$3.3M
Year founded
2016
Team size
30
8Whipcord logo
Whipcord

Calgary, Alberta, Canada

Provider of information technology consultancy services intended to help customers solve their critical business problems. The company provides connectivity solutions including internet bandwidth, national and international private MPLS connectivity and managed firewall and VPN services, enabling clients to meet all of their connectivity needs.

Revenue
$2.7M
Year founded
2009
Funding
$1.4M
Team size
16
9MobiChord (now brightfin) logo
MobiChord (now brightfin)

Salt Lake City, UT, United States

MobiChord is a revolutionary, subscription-based software provider of Technology Expense Management solutions on the ServiceNow Platform. MobiChord extends the ServiceNow Platform to manage Mobile, Voice & Data, and Cloud assets, expenses, and services helping customers to preserve and generate budget, become more productive, and get full visibility into their technology management programs. MobiChord has earned a spot on the Inc. 5,000 fastest-growing companies for the last two years and was the highest-recognized technology expense management company. MobiChord gratefully serves enterprise customers and managed service providers globally. MobiChord is based in Salt Lake City, Utah and has offices in North America, EMEA and APAC.

Revenue
$1.8M
Team size
16
10Softeligent LLC logo
Softeligent LLC

Scottsdale, Arizona, United States

Businesses across all industries save time, money with Softeligent Cloud-Based Platform, enabling lifecycle management solutions for IT & Telecom Expense and Service Management with automated vendor invoice processing, including; Invoice validation, payment approval process, and payment execution. Telecom & Wireless Management Solutions and Services beyond cost savings. We have developed Softeligent's Technology solution leveraging the firm's 3 decades of enterprise Technology consulting experience in auditing telecom contracts, services, invoice validation, approval and payment processing, negotiating and optimizing carrier contracts and service plans. Our consulting experience enhanced the qualities and strategic software solution development. Built by the front line power user's perspective, the application is powerful, highly intuitive and adaptable into any organizational hierarchy and work flow structure. Cost savings and Business Process Improvement (BPI) are a priority on every organization’s agenda. IT and Telecom expenses have become two of the most challenging budget areas to control. Most service plans, contracts and telecom invoices are difficult to understand, have billing errors, and are hard to reconcile with contracts/service plans, actual inventory of services in use. Yet, according to industry research, 85% of all enterprises pay telecom and wireless services invoices with minimal or no validation process. Softeligent LLC is a subsidiary of Telecom Resources International, Inc. a leading Enterprise Communication Technologies Consulting firm since 1987.

Revenue
$990K
Year founded
2013
Team size
9

Frequently asked questions about Telecom Expense Management (TEM) Services SaaS Companies

How many telecom expense management (TEM) services SaaS companies are there?

Latka tracks 18 telecom expense management (TEM) services SaaS companies with reported revenue. Together they generate $245.7M in annual revenue and employ 5.2K people.

Which telecom expense management (TEM) services SaaS company is the largest?

Sakon is the largest, with $111.9M in annual revenue, founded in 2003.

How much revenue does a typical telecom expense management (TEM) services SaaS company make?

The average telecom expense management (TEM) services SaaS company in this list makes $13.7M a year, across 18 companies with reported revenue. They serve 40M customers combined.

Who are the leading Telecom Expense Management (TEM) Services vendors?

Ranked by annual revenue, the leaders are Sakon, Intraway, Deutsche Telekom IT Solutions, At Comm and InverCloud.

How much funding have telecom expense management (TEM) services SaaS companies raised?

The 18 telecom expense management (TEM) services SaaS companies tracked here have raised $1.4M in disclosed funding between them.

Related IT Management Software categories

Inclusion Criteria

- Must provide capabilities for monitoring and controlling telecom expenditures - Should include automated invoice processing and expense reporting features - Must support data analysis to identify billing errors and unnecessary costs - Should enable contract management to optimize vendor relationships - Must facilitate communication and collaboration between finance, IT, and procurement teams - Not just focused on expense tracking; must also include proactive expense management tools - Should be able to manage both fixed and mobile telecommunications services