Are you looking for alternatives to Velocity for your Telecom Expense Management (TEM) needs? This article will summarize the features, reviews, and other top alternatives to Velocity that you can consider when exploring other TEM software options. Dive in to discover the best choices available in 2025.
What is Velocity?
Velocity provides technology managed solutions, including voice, data, Wi-Fi, POTS IN A BOX®, Free-to-Guest TV, and the Global Expense Management (GEM) platform. Founded in 2005, Velocity operates with a nationwide network of certified field technicians, project managers, software developers, and a proprietary network backbone across 21 fully redundant fiber data centers.
The GEM platform combines standard Telecom Expense Management with additional cost reduction through contract life cycles of Carrier Services. It utilizes Robotic Process Automation, Artificial Intelligence, and Machine Learning, offering 24/7/365 U.S.-based support and a single dashboard for all expenditures by location.
Best Alternatives to Velocity in 2025
1. Lightyear
Lightyear is dedicated to transforming the B2B telecom industry, which has long been seen as outdated and resistant to change. We offer a range of services, including procurement, network inventory management, and bill consolidation, all designed to automate and optimize how you source and manage your internet, WAN, voice, and colocation needs. By leveraging data-driven software, we ensure continuous improvement and innovation, making your telecom management more efficient and effective.
Pros of Using Lightyear
Here are some of the key advantages of using Lightyear for your telecom expense management needs:
- Auditing tools: Lightyear offers precise cost control and compliance through its advanced auditing tools.
- Invoice visualization: Avoid late fees and optimize payment schedules with Lightyear's intuitive invoice visualization features.
- Streamlined payment process: Simplify your financial operations with a single monthly payment system.
- 24/7/365 support: Benefit from round-the-clock U.S.-based support with a dedicated team ready to assist you.
- Data flexibility: Lightyear's platform can pull in non-standard data sources and formats, ensuring comprehensive data integration.
These are just a few of Lightyear's many features. Check them out here to learn more.
Who should use Lightyear?
Lightyear primarily targets businesses involved in B2B telecom, focusing on those that require services in internet connectivity, wide area networking (WAN), voice, and data center/colocation. These businesses benefit from Lightyear's offerings by streamlining and optimizing their telecom operations, ensuring better connectivity and more efficient management of telecom resources.
Lightyear Pricing
Lightyear offers custom pricing tailored to your specific needs, ensuring you get the best value for your telecom management. To get a personalized quote, feel free to schedule a demo here.
Lightyear Reviews
Lightyear has received a perfect score of 5.0 out of 5 stars based on 13 reviews. Users generally appreciate its efficiency, ease of use, and competitive pricing. Check out more of our reviews here!
2. Sakon
Sakon offers an integrated platform designed to manage all communication services for enterprises, including telecom expense management, telecom service management, and telecom cost optimization. You can benefit from improved network performance, controlled IT costs, and enhanced visibility over telecom expenses with Sakon's comprehensive solutions.
Sakon Features
- Telecom Expense Management (TEM): Simplifies expense management across the organization, empowering IT, Finance, and Procurement departments to manage and reduce connectivity spending.
- Telecom Service Management (TSM): Reduces operational costs, speeds up installations, and improves network performance by connecting organizations with suppliers globally and automating key order management workflows.
- Telecom Cost Optimization (TCO): Provides unparalleled visibility and control over telecom costs with automated cost validation and deep cost optimization.
- Telecom Management for Network Providers: Simplifies network management for providers with workflow and invoice management tools to make management processes more efficient.
Sakon Reviews
Check out more pros and cons that other users are saying in these Sakon reviews here.
Sakon Pricing
Sakon's pricing is not public. Contact their support for more info.
3. OneSource
OneSource offers a comprehensive suite of services in Expense Management, IT Infrastructure, Cybersecurity, and Customer Experience (CX). With over 25 years of experience, they manage $1 billion in technology spend and collaborate with more than 400 technology suppliers to simplify your business's technology journey by helping you design, procure, implement, and support solutions.
OneSource Features
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OneSource Reviews
See what other users are saying in these OneSource reviews here.
OneSource Pricing
OneSource's pricing is not public. Contact their support for more info.
4. Cimpl
Cimpl is a technology expense management software designed to simplify the tracking and management of technology expenses, including telecom, mobility, and cloud services. It helps you track, manage, and pay for technology services with confidence by offering real-time data to optimize spending, providing complete visibility into your technology footprint, and resolving IT waste by identifying and addressing problematic usage and billing discrepancies.
Cimpl Features
- Seamless Inventory Management: Integration with IT Service Management providers to centralize and simplify operations for full inventory control.
- Invoice, Contract, and Usage Tracking: Enhanced visibility and support from Managed Services experts to maximize contract value.
- Automated Billing and Payments: Streamlined invoice processing to ensure timely payments and eliminate manual tasks.
- Advanced Usage & Cost Management Reporting: Real-time insights through intuitive dashboards powered by analytics and business intelligence.
Cimpl Reviews
You can explore the pros and cons that other users are saying in these Cimpl reviews here.
Cimpl Pricing
Cimpl's pricing is not public. Contact their support for more info.
5. Mindglobal
Mindglobal is a recognized leader in strategic telecom expense management, offering holistic solutions for enterprise mobile, fixed telecom, and UCaaS expense management. You can benefit from their best-in-class solutions, AI-supported processes, and unparalleled customer support to optimize IT and telecom expense management.
Mindglobal Features
- Easy-to-Use Interfaces: Customized views, streamlined workflows, and flexible reporting offer ease-of-use for employees and managers.
- Faster Access to Data: Streamlined and consolidated data from multiple providers, and powerful analytics offer a quicker, more holistic view of your telecom program.
- Flexible Functionality: Available plug-ins expand your ability to integrate data, manage change, and fine-tune analysis across your unique program.
- Totally Customizable: Software that can be custom-tailored to meet your needs and can adapt to your processes as technology evolves.
Mindglobal Reviews
Check out more pros and cons that other users are saying in these Mindglobal reviews here.
Mindglobal Pricing
Mindglobal's pricing is not public. Contact their support for more info.
6. RadiusPoint
RadiusPoint specializes in managing the entire lifecycle of Telecom Expense Management (TEM) and Technology Expense Management through their ExpenseLogic™ SaaS platform. Their services include order placement, verification of installation, cost allocation, monthly invoice audit, cost optimization, and payment of invoices, all designed to help you save on telecom expenses, optimize costs, and improve business intelligence.
RadiusPoint Features
- ExpenseLogic™ SaaS Platform: A comprehensive platform for managing telecom expenses, offering a full suite of tools to streamline and optimize telecom expense management.
- Invoice Management: Automates the entire process of handling telecom invoices, from receipt to payment, reducing labor and payroll costs.
- Audit & Optimization: Ensures invoices are correct or disputed, with detailed reviews to trim costs and identify unnecessary services.
- Inventory Management: Provides complete visibility of IT assets, aiding in faster decision-making and accurate asset tracking.
RadiusPoint Reviews
Check out more pros and cons that other users are saying in these RadiusPoint reviews here.
RadiusPoint Pricing
RadiusPoint's pricing is not public. Contact their support for more info.
7. Genuity
Genuity offers a comprehensive suite of IT management tools, including telecom expense management, SaaS/vendor management, asset management, contract management, IT help desk, and network monitoring. The platform provides visibility, control, and insights to help you manage technology expenses, optimize costs, and make data-driven decisions.
Genuity Features
- Clarity & Visibility: Allows you to see exactly what you are getting and how much you are paying for telecom services.
- Actionable Insights: Provides benchmarking by comparing rates with thousands of other users to help identify potential savings.
- Expense Optimization: Automatically detects unexpected changes, identifies consolidation opportunities, and helps negotiate better contracts.
- Cost Management, Automated: Automates data imports and cost allocations to ensure accuracy in expense tracking.
Genuity Reviews
Feel free to explore what other users are saying in these Genuity reviews here.
Genuity Pricing
- Community Plan: $29.99/month with Genuity Solution, otherwise $124.99/month.
- Full Platform: $99.99/month if paid yearly, otherwise $124.99/month.
- Vendor Management: $39.99/month if paid yearly, otherwise $49.99/month.
- Asset Management: $39.99/month if paid yearly, otherwise $49.99/month.
- IT Help Desk: $39.99/month if paid yearly, otherwise $49.99/month.
8. zLinq
zLinq specializes in telecom and technology lifecycle management, offering services such as Customer Dashboard, Optimization, Invoice Processing, Lifecycle Management, Inventory & Audit, and Strategic Advisory Services. You can benefit from significant cost savings, improved efficiency, and enhanced visibility over your telecom environment with zLinq's comprehensive solutions.
zLinq Features
- Comprehensive Audit: Identifies and implements both quick win and strategic cost-saving opportunities.
- Vendor-Neutral Outsourcing: Manages and optimizes telecom and network assets without requiring a switch in providers.
- Customer Dashboard: Provides real-time insights into telecom savings, assets, providers, services, and locations.
- Inventory & Audit Services: Offers a detailed view of telecom assets, identifies inefficiencies, and benchmarks costs.
zLinq Reviews
Check out more pros and cons that other users are saying in these zLinq reviews here.
zLinq Pricing
zLinq's pricing is not public. Contact their support for more info.
9. Advantix Solutions
Advantix Solutions provides managed connectivity solutions with a focus on ubiquitous coverage, auto-failover, and ease of management. Their offerings include the MCx model for blended connectivity and expense management, the Grooov platform for end-to-end carrier and expense management, and SmartSIM technology for global LTE/5G connectivity with intelligent carrier switching.
Advantix Solutions Features
- The MCx (Managed Connectivity Experience): A unique managed connectivity experience developed over many years, providing enterprises with a comprehensive managed connectivity solution.
- Blended Connectivity with Expense Management: Integrates connectivity solutions with expense management to optimize costs and performance.
- BLITZ Carrier Middleware: Middleware that facilitates seamless carrier switching and management.
- Core SaaS Platform: A software-as-a-service platform that supports the management of multiple carriers, data plans, devices, orders, expenses, and invoices.
Advantix Solutions Reviews
Check out more pros and cons that other users are saying in these Advantix Solutions reviews here.
Advantix Solutions Pricing
Advantix Solutions's pricing is not public. Contact their support for more info.
10. Tellenium
Tellennium offers comprehensive Telecom Expense Management (TEM) services designed to help you manage technology networks and associated expenses. Their services include reviewing network services for correct billing, handling disputes, benchmarking rates, and performing network optimization, all with no implementation fees and a typical go-live period of 60 days.
Tellenium Features
- Guaranteed ROI: Tellennium guarantees a positive return on investment for their TEM services, ensuring you get value for your money.
- No Implementation Fees: There are no fees for implementing Tellennium's TEM solution, making it easier for you to get started without upfront costs.
- Quick Go-Live: Most clients can go live within 60 days, allowing you to start benefiting from their services quickly.
- Advanced Real-Time AI: Their audit and optimization services include advanced real-time AI that reconciles assets with charges and ensures compliance with contract terms.
Tellenium Reviews
See more Tellenium reviews here to find out what others are saying.
Tellenium Pricing
Tellenium's pricing is not public. Contact their support for more info.
Which One Should You Go With?
Each of these Telecom Expense Management solutions offers unique features and benefits, making them all worthy contenders. However, if you're looking for a reliable and innovative alternative, we recommend giving Lightyear a try. With its advanced auditing tools, streamlined payment processes, and 24/7 support, Lightyear stands out as a top choice for optimizing your telecom management. Explore your options and choose the one that best fits your needs.
