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Top 24 Telecom Expense Management (TEM) Services SaaS Companies in May 2026

As of May 2026, there are 24 SaaS companies in Telecom Expense Management (TEM) Services. They have combined revenues of $327.7M and employ 5.8K people. They have raised $1.4M and serve 40M customers combined.

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
24
Revenue
$327.7M
Funding
$1.4M
Employees
5.8K

Filters

Sorting: Highest -> Lowest

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Top Telecom Expense Management (TEM) Services Companies

Showing 10 of 6 companies ranked by annual revenue.

1
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
Customers
-
Year founded
2011
Funding
-
Team size
1
Growth
-
2
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
Customers
-
Year founded
2014
Funding
-
Team size
7
Growth
-
3
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
Customers
-
Year founded
2016
Funding
-
Team size
30
Growth
-
4
Homisco

Melrose, Massachusetts, United States

Homisco Inc. is a global provider of telecommunications software solutions, system integration and Software as a Service (SaaS) for wireless and wireline carriers, hospitality, and enterprise markets. Whether you're a hotel looking to upgrade your voicemail and wake up services, a small office looking to install a state of the art voice system, or a carrier looking for new post-paid and pre-paid cell phone billing solutions, Homisco has what you need.

Revenue
$3M
Customers
-
Year founded
1981
Funding
-
Team size
20
Growth
46.95%
5
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
Customers
-
Year founded
2009
Funding
$1.4M
Team size
16
Growth
72.84%
6
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
Customers
-
Year founded
-
Funding
-
Team size
16
Growth
-

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