1
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
Top 5 Telecom Expense Management (TEM) Services SaaS Companies With $1M–$5M Revenue (September 2026)
As of September 2026, Latka tracks 5 telecom expense management (TEM) services SaaS companies with $1M–$5M in annual revenue. They have combined revenues of $14.7M and employ 89 people. They have raised $1.4M.
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
- 5
- Revenue
- $14.7M
- Funding
- $1.4M
- Employees
- 89
Filters
Sorting: Highest -> Lowest
Top Telecom Expense Management (TEM) Services SaaS Companies With $1M–$5M Revenue
Showing 5 of 5 companies ranked by annual revenue.
2
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
3
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
- Year founded
- 1981
- Team size
- 20
4
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
5
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
Frequently asked questions about Telecom Expense Management (TEM) Services SaaS Companies With $1M–$5M Revenue
How many telecom expense management (TEM) services SaaS companies with $1M–$5M in annual revenue are there?
Latka tracks 5 telecom expense management (TEM) services SaaS companies with $1M–$5M in annual revenue. Together they generate $14.7M in annual revenue and employ 89 people.
Which telecom expense management (TEM) services SaaS company with $1M–$5M in annual revenue is the largest?
Velocity IT is the largest, with $4M in annual revenue, founded in 2014.
How much revenue does a typical telecom expense management (TEM) services SaaS company with $1M–$5M in annual revenue make?
The average telecom expense management (TEM) services SaaS company in this list makes $2.9M a year, across 5 companies with reported revenue.
Who are the leading Telecom Expense Management (TEM) Services vendors with $1M–$5M in annual revenue?
Ranked by annual revenue, the leaders are Velocity IT, Bluewater Control, Homisco, Whipcord and MobiChord (now brightfin).
How much funding have telecom expense management (TEM) services SaaS companies with $1M–$5M in annual revenue raised?
The 5 telecom expense management (TEM) services SaaS companies with $1M–$5M in annual revenue 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