Telecom Expense Management (TEM) solutions are crucial for businesses to control costs and optimize telecom resources. In this article, we'll compare Cass and Genuity to see which one is the best TEM solution for you.
A Quick Overview of Cass vs Genuity
What is Cass?
Cass Information Systems provides comprehensive Telecom Expense Management (TEM) services, including fixed telecom expense management, mobility management, and cloud management. Their goal is to help enterprises streamline processes, reduce costs, and improve efficiency by managing telecom and cloud expenses effectively.
One unique feature of Cass's TEM solution is its financial stability and payment capabilities as a US Federal Reserve member bank, which offers a level of trust and reliability. Additionally, their global execution covers over 185 countries and can handle payments in 114 currencies, providing extensive reach and flexibility for international operations.
What is Genuity?
Genuity provides a suite of IT solutions designed to help businesses manage, monitor, and measure their technology investments. Their offerings include telecom expense management, SaaS/vendor management, asset management, IT help desk, contract management, and network monitoring.
Genuity's TEM solution offers detailed tracking of telecom expenses by various parameters and benchmarking spend against thousands of other users. A unique feature is their community-driven pricing, which leverages collective data to optimize costs and investments, providing a competitive edge over other TEM solutions.
Features of Cass vs Genuity
Similarities
Both Cass and Genuity offer robust Telecom Expense Management (TEM) solutions designed to help businesses manage and optimize their telecom expenses. Here are the key similarities in their features:
- Comprehensive Expense Management: Both platforms provide detailed visibility and control over telecom expenses, ensuring businesses can track and manage their costs effectively.
- Cost Optimization: Each service focuses on optimizing costs through benchmarking and automated processes, helping businesses save money.
- Managed Mobility Services: Both Cass and Genuity offer support for end-users with devices and connectivity, ensuring seamless mobile management.
- Cloud Management: Both companies provide cloud management services, including cost optimization and regulatory compliance, to help businesses manage their cloud expenses.
- Contract Management: Both platforms include features for managing and negotiating telecom contracts, ensuring businesses get the best deals.
Differences
While both Cass and Genuity offer robust Telecom Expense Management (TEM) solutions, there are some key differences in their features and functionalities:
- Global Reach: Cass operates globally, managing telecom expenses in over 185 countries and handling payments in 114 currencies, which may not be a feature of Genuity.
- Federal Regulation: Cass is federally regulated, providing an additional layer of trust and security that Genuity may not offer.
- Community-Driven Pricing: Genuity leverages community-driven pricing to optimize costs, a feature that is unique to their platform.
- Integrated IT Suite: Genuity provides a fully integrated suite of IT management apps, which may not be as comprehensive in Cass.
- Marketplace for IT Resources: Genuity offers a marketplace for sourcing software, telecom, and hardware, a feature not mentioned for Cass.
Cass vs Genuity Pricing
Genuity offers a subscription-based pricing model with options for monthly or yearly payments, including a 20% discount for annual subscriptions. In contrast, Cass does not provide specific details about their pricing structure or model on their website.
How Does Lightyear Compare to Cass and Genuity?
Lightyear automates and optimizes how you source and manage your internet, WAN, voice, and colocation with data-driven software. By streamlining the telecom lifecycle, Lightyear helps you achieve significant savings in procurement, inventory management, and bill payment, ensuring a seamless and efficient telecom management experience.
Pros of Lightyear
Lightyear offers a unique and powerful solution for managing your telecom needs, leveraging data-driven software to automate and optimize the entire telecom lifecycle.
- Comprehensive Ecosystem Access: Lightyear provides access to the entire ecosystem for all procurement needs, ensuring you have the best options for any telecom project.
- Competitive Pricing: By leveraging actual competition, Lightyear ensures you receive the most competitive pricing available, driving significant cost savings.
- Project Life-Cycle Management: Lightyear offers complete visibility and management throughout the project lifecycle, from quoting to installation, ensuring seamless execution.
- Self-Service Portal: The user-friendly self-service portal allows for fast and easy management of telecom services, enhancing efficiency and user experience.
- Centralized Dashboard: Lightyear's centralized dashboard provides transparency and side-by-side comparisons of carriers, simplifying decision-making and improving workflow visibility.
Lightyear's Pricing
Lightyear offers custom pricing based on your specific telecom needs, leveraging network and pricing intelligence to deliver the best possible options with minimal effort. Book a demo with Lightyear today to see how we can optimize your telecom management.
Lightyear Reviews
Our users have consistently praised Lightyear for its ease of use, efficiency, and the ability to centralize and manage telecom procurement effectively. The overall rating users have given Lightyear is currently 5 out of 5.
- "What a change of pace! Their web portal, inventory management, makes it easy for my team and me to get several quotes simultaneously and centralize them instead of dealing with emails and several different vendor meetings." - Luis G.
- "A Rare Gem in the ISP Experience. Lightyear is fantastic at getting us competitive, reasonable quotes on time every time we use them." - Eric L.
- "Lightyear is a lifesaver. Lightyear has been able to meet all the deadlines we need, even on short notice. The personal attention you receive from who you work with really helps to make your business feel supported." - Skye V.
Find more of our reviews on G2.
Cass, Genuity, or Lightyear: Which is the best platform for you?
Choosing the right Telecom Expense Management (TEM) solution depends on your specific needs and preferences. While Cass and Genuity offer robust features and capabilities, we believe Lightyear stands out with its data-driven software and comprehensive ecosystem access. With Lightyear, you can streamline your telecom lifecycle and achieve significant savings, making it an excellent choice for your business.
