Velocity's Global Expense Management (GEM) solution is a Telecom Expense Management (TEM) platform designed to streamline telecom expenses and manage IT budgets. This article will summarize the features, reviews, and other options to consider for Velocity's GEM platform.
What is Velocity?
Velocity provides technology managed solutions, including voice, data, Wi-Fi, and the Global Expense Management (GEM) platform. Founded in 2005, they operate a nationwide network of certified field technicians, project managers, and software developers.
Unique features of Velocity include the GEM platform, which offers auditing, invoice management, and payment processing. They also provide data flexibility, dedicated 24/7/365 support, and additional cost reduction through contract life cycles. Their services are supported by a proprietary network backbone across 21 fully redundant fiber data centers.
What to Consider When Selecting a Velocity Alternative?
- Cost Optimization: Look for platforms that offer robust cost optimization features, such as automated cost validation and deep cost analysis, to ensure you are getting the best value for your telecom expenses.
- Automation Capabilities: Ensure the platform utilizes advanced automation technologies like Robotic Process Automation (RPA), Artificial Intelligence (AI), and Machine Learning (ML) to streamline processes and reduce manual effort.
- Comprehensive Reporting: Choose a solution that provides detailed and real-time reporting capabilities, including dashboards and analytics, to help you make informed decisions quickly.
- Customer Support: Opt for a provider that offers 24/7/365 support with a dedicated team to assist you at any time, ensuring smooth operations and quick resolution of issues.
- Integration and Flexibility: Select a platform that can seamlessly integrate with your existing systems and offers flexibility in handling non-standard data sources, ensuring a smooth and adaptable implementation.
Best Alternatives to Velocity in 2025
1. Lightyear
Lightyear is dedicated to transforming the B2B telecom industry, which has long been considered antiquated and static. By leveraging data-driven software, Lightyear automates and optimizes how companies source and manage their internet, WAN, voice, and colocation services. The company operates with a remote-first, distributed working environment, fostering a high-trust, autonomous culture guided by core values such as continuous improvement, openness, and a solutions-oriented approach.
Pros of Using Lightyear
Lightyear offers a range of features designed to streamline and optimize telecom management for businesses.
- Automation: Lightyear automates the sourcing and management of internet, WAN, voice, and colocation services, reducing manual effort and increasing efficiency.
- Data-Driven Insights: The platform leverages data analytics to provide actionable insights, helping businesses make informed decisions.
- Cost Optimization: Lightyear's software ensures cost-effective solutions by continuously analyzing and optimizing telecom expenses.
- 24/7 Support: Dedicated support is available around the clock, ensuring any issues are promptly addressed.
- Integration Capabilities: The platform seamlessly integrates with existing systems, providing flexibility and ease of use.
These are just a few of Lightyear's many features. Check them out here to learn more.
Who should use Lightyear?
Lightyear primarily targets medium to large enterprises that rely heavily on robust and efficient telecom infrastructure. These businesses often require services related to Internet Connectivity, Wide Area Networking (WAN), Voice, and Data Center/Colocation.
Lightyear Pricing
At Lightyear, we understand that every business has unique telecom needs, which is why our pricing is customized to fit each customer's specific requirements. To get a personalized quote, feel free to schedule a demo here.
Lightyear Reviews
Lightyear has a perfect score of 5.0 out of 5 stars based on 13 reviews. Users praise the ease of use, competitive pricing, effective project management, and exceptional customer support. They also highlight significant time and cost savings, transparency, and overall efficiency in telecom procurement. Check out more of our reviews here!
2. Sakon
Sakon offers a comprehensive platform designed to manage telecom expenses and services, maximizing network performance and controlling IT costs through automation and deep cost optimization.
Pros of Using Sakon
- Integrated Platform: One platform to manage all communication services, streamlining telecom management and reducing complexity.
- Cloud-Based: The world's first cloud-based platform for managing communication ecosystems, offering unparalleled flexibility and scalability.
- Global Reach: Services in 100 countries, ensuring comprehensive support and management for multinational enterprises.
- Automation: Automates key telecom management workflows, significantly reducing manual effort and increasing operational efficiency.
Cons of Using Sakon
- Complexity in Integration: While the platform offers a wide range of solutions, integrating these into existing systems might be complex and require significant effort and resources.
- Potential High Costs: The comprehensive nature of the platform and its advanced features might come with high costs, which could be a concern for smaller enterprises or those with limited budgets.
Sakon Pricing
Sakon's pricing is not public. Contact their support for more info.
Sakon Reviews
Sakon has a score of 3.8 out of 5 stars based on user reviews. Users mention that while the platform offers a wide range of solutions, integrating these into existing systems can be complex and resource-intensive. Check out more Sakon reviews here.
3. OneSource
OneSource offers a comprehensive suite of services, including Technology Expense Management, IT Infrastructure, Cybersecurity, and Customer Experience solutions, designed to help businesses simplify complex technology environments.
Pros of Using OneSource
- Comprehensive Service Offerings: OneSource provides a wide range of services, including Technology Expense Management, Managed Mobility, Cloud Optimization, Connectivity, Managed Network, Unified Communications, Data Center, Cloud/Hosting, Managed Security, SOC as a Service, Incident Response & Remediation, Assessments & Audits, Security Roadmapping, Contact Center, Artificial Intelligence, and Business Process Outsourcing.
- Extensive Experience: With over 25 years of experience, OneSource has a proven track record in simplifying complex technology environments for businesses.
- Large Network of Technology Suppliers: OneSource collaborates with over 400 technology suppliers, ensuring a broad range of options and solutions for their clients.
- End-to-End Solutions: From design to support, OneSource offers end-to-end solutions that help businesses design, procure, implement, and support their technology needs.
Cons of Using OneSource
- Complexity in Integration: Integrating OneSource's comprehensive suite of services into existing systems can be complex and resource-intensive, requiring significant effort and expertise.
- Potential High Costs: The advanced features and extensive service offerings of OneSource might come with high costs, which could be a concern for smaller enterprises or those with limited budgets.
OneSource Pricing
OneSource's pricing is not public. Contact their support for more info.
OneSource Reviews
OneSource has a score of 0.0 out of 5 based on 0 reviews. There are no user opinions available. Check out more OneSource reviews here.
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 provides tools for inventory management, invoice and contract tracking, billing automation, procurement workflows, and advanced usage and cost management reporting.
Pros of Using Cimpl
- Automation and Reliable Data: Automates ordering and billing processes with over 250 integration and communication points, ensuring accuracy and efficiency.
- Usage Monitoring: Empowers employees and managers to monitor usage and alter consumption behavior, promoting responsible technology use.
- Seamless Inventory Management: Integrates with leading IT Service Management providers for improved inventory management, enhancing visibility and control.
- Provider Portal: Grants technology providers vendor access to the portal, eliminating the need for email communication and streamlining interactions.
Cons of Using Cimpl
- Complexity in Integration: Integrating Cimpl's comprehensive suite of services into existing systems can be complex and resource-intensive, requiring significant effort and expertise.
- Learning Curve: Users may find the platform challenging to navigate initially, as it offers a wide range of features that can be overwhelming without proper training and support.
Cimpl Pricing
Cimpl's pricing is not public. Contact their support for more info.
Cimpl Reviews
Cimpl has a score of 5.0 out of 5 stars based on user reviews. Users mention that while the platform offers a wide range of solutions, integrating these into existing systems can be complex and resource-intensive. Check out more Cimpl reviews here.
5. Mindglobal
Mindglobal is a recognized leader in telecom expense management, offering comprehensive solutions for wireless telecom, fixed telecom, and UCaaS management. Their platform features easy-to-use interfaces, faster access to data, flexible functionality, and total customizability to meet the unique needs of enterprises.
Pros of Using Mindglobal
- Easy-to-Use Interfaces: Customized views, streamlined workflows, and flexible reporting make the platform user-friendly and efficient.
- Faster Access to Data: Streamlined and consolidated data from multiple providers with powerful analytics for quicker decision-making.
- Flexible Functionality: Available plug-ins for data integration, change management, and fine-tuning analysis to meet specific business needs.
- Totally Customizable: Software that can be tailored to meet specific needs and adapt to evolving technology, ensuring long-term usability.
Cons of Using Mindglobal
- Complexity in Integration: Integrating Mindglobal's comprehensive suite of services into existing systems can be complex and resource-intensive, requiring significant effort and expertise.
- Learning Curve: Users may find the platform challenging to navigate initially, as it offers a wide range of features that can be overwhelming without proper training and support.
Mindglobal Pricing
Mindglobal's pricing is not public. Contact their support for more info.
Mindglobal Reviews
Mindglobal has a score of 0.0 out of 5 based on user reviews. There are no user opinions available. Check out more Mindglobal reviews here.
6. RadiusPoint
RadiusPoint offers comprehensive Telecom Expense Management (TEM) services through their ExpenseLogic™ software, focusing on managing the entire lifecycle of telecom and technology expenses, from order placement to payment. Their solutions provide significant cost savings, efficient vendor management, and enhanced business intelligence through detailed reporting and analytics, catering to various industries such as government, manufacturing, and healthcare.
Pros of Using RadiusPoint
- ExpenseLogic™ SaaS Platform: A comprehensive tool for managing telecom expenses, offering features like invoice management, audit & optimization, inventory management, and detailed reporting & analytics.
- Lifecycle Management: Covers the entire lifecycle of telecom expense management, from order placement to payment, ensuring seamless and efficient operations.
- Industry-Specific Solutions: Tailored services for various sectors, including Government, Healthcare, and Retail, providing customized solutions to meet unique industry needs.
- Error Identification and Refunds: Identifies overcharges and secures refunds from vendors, ensuring cost savings and financial accuracy.
Cons of Using RadiusPoint
- Complexity in Management: The detailed processes and need for consistent attention to detail in managing telecom expenses can be resource-intensive, requiring significant user input and oversight.
- Reporting Accuracy Issues: Users have reported that the platform's reporting can be inaccurate, which may lead to incorrect data and potentially flawed decision-making.
RadiusPointPricing
RadiusPoint's pricing is not public. Contact their support for more info.
RadiusPoint Reviews
RadiusPoint has a score of 5.0 out of 5 stars based on 3 reviews. Users have mentioned issues with reporting accuracy and the need for more time to explore the full capabilities of the ExpenseLogic program. Check out more RadiusPoint reviews here.
7. Genuity
Genuity offers a comprehensive Telecom Expense Management service that helps businesses manage, monitor, and measure their telecom expenses, providing visibility, control, and insights for better cost optimization. The platform integrates telecom, SaaS, vendors, services, and contracts for a holistic cost analysis, ensuring efficient and automated expense management.
Pros of Using Genuity
- Clarity & Visibility: Provides detailed tracking of telecom expenses by location, service type, and feature, ensuring comprehensive oversight.
- Actionable Insights: Allows comparison of rates with thousands of other users for benchmarking, helping businesses make informed decisions.
- Expense Optimization: Automatically detects unexpected changes and helps negotiate better contracts, ensuring cost-effective telecom management.
- Community-Driven Pricing: Uses community data to optimize pricing, leveraging collective insights for better cost management.
Cons of Using Genuity
- Complexity in Integration: While the platform offers comprehensive integration of telecom, SaaS, vendors, services, and contracts, the process of integrating all these elements might be complex and time-consuming for some businesses.
- Ticketing System Issues: There are mentions of issues with the ticketing system, such as it not being as robust as other solutions and having some limitations in functionality.
Genuity Pricing
Genuity's pricing is not public. Contact their support for more info.
Genuity Reviews
Genuity has a score of 4.7 out of 5 stars based on user reviews. Users have mentioned missing features and issues with the ticketing system. Check out more Genuity reviews here.
8. zLinq
zLinq offers comprehensive telecom and technology lifecycle management services, including real-time visibility through their Customer Dashboard, inventory audits, cost optimization, lifecycle management, strategic advisory services, and invoice processing.
Pros of Using zLinq
- Customer Dashboard: Provides real-time visibility into the communications environment, allowing for cost management and priority alignment.
- Visualization Toolkit: Collects, analyzes, and decodes infrastructure data in near-real time.
- Dedicated Client Services Manager: Offers deep industry experience to help align priorities with savings and technology roadmaps.
- Unique Process and Playbooks: Designed to manage the burden of change and guarantee results.
Cons of Using zLinq
- Complexity of Services: The range of services offered by zLinq, such as Inventory & Audit, Optimization, Lifecycle Management, and Invoice Processing, might be overwhelming for smaller businesses or those with less complex telecom needs. This could lead to underutilization of the services provided.
- Dependency on External Management: Relying on zLinq to manage the burden of change and execute telecom strategies might create a dependency on their services. This could potentially limit the internal team's ability to develop and manage their own telecom strategies independently in the long run.
zLinqPricing
zLinq's pricing is not public. Contact their support for more info.
zLinq Reviews
zLinq has a score of 4.8 out of 5 stars based on 18 reviews. Users have mentioned that the initial onboarding process could be complex and that higher management may not fully appreciate the "savings" as it sometimes involves spending more for better service. Check out more zLinq reviews here.
9. Advantix Solutions
Advantix Solutions is a managed connectivity experience (MCx) provider that simplifies data connectivity, ongoing optimization, and expense management for enterprises. Their offerings include multi-carrier wireless connectivity, managed mobility, expense management, SmartSIM technology, and a comprehensive Telecom Lifecycle Management (TLM) platform.
Pros of Using Advantix Solutions
- Managed Connectivity Experience (MCx): Simplifies data connectivity, ongoing optimization, and expense management, ensuring seamless operations and cost efficiency.
- SmartSIM Technology: Connects devices to multiple cellular networks with intelligent carrier switching, providing enhanced coverage and redundancy without the need to choose a carrier based on location.
- Telecom Lifecycle Management (TLM) Platform: Integrates with carrier systems for comprehensive management of multiple carriers, wireless inventory, equipment, plan catalogs, billing data, payment processing, and customer care.
Cons of Using Advantix Solutions
- Complexity of Services: While Advantix aims to simplify data connectivity and expense management, the breadth of services and solutions offered might be overwhelming for smaller enterprises or those not familiar with telecom management.
- Dependence on Technology Partners: The effectiveness of Advantix's solutions is partly dependent on their network of technology suppliers. Any issues or changes with these partners could impact the services provided to clients.
Advantix Solutions Pricing
Advantix Solutions's pricing is not public. Contact their support for more info.
Advantix Solutions Reviews
Advantix Solutions has a score of 0.0 out of 5 based on 0 reviews. There is no user feedback available for Advantix as there are no reviews yet. Check out more Advantix Solutions reviews here.
10. Tellenium
Tellennium offers comprehensive Telecom Expense Management (TEM) services, including network optimization, dispute management, and guaranteed ROI, ensuring accurate billing and cost savings for clients.
Pros of Using Tellenium
- Guaranteed ROI: Tellennium guarantees a positive return on investment for their clients, ensuring that the services provided will result in cost savings.
- No Implementation Fees: They do not charge any fees for implementation, making it easier for businesses to start using their services without upfront costs.
- Quick Go-Live Time: Most clients go live within 60 days, allowing businesses to quickly benefit from Tellennium's Telecom Expense Management services.
- Advanced AI for Audit and Optimization: Utilizes advanced real-time AI to reconcile assets with charges and contract terms, ensuring accurate billing and identifying cost-saving opportunities.
Cons of Using Tellenium
- Implementation Time: Although Tellennium claims that most clients go live in 60 days, this might still be considered a lengthy period for some businesses that require quicker implementation.
- Admin Limitations: Users have reported limitations in administrative functionalities, which may restrict certain operations or customizations.
Tellenium Pricing
Tellenium's pricing is not public. Contact their support for more info.
Tellenium Reviews
Tellennium has a score of 4.9 out of 5 stars based on 9 reviews. Users have mentioned the possibility of automated tools overlooking discrepancies in invoices and suggested extending services to other technology disciplines beyond carrier services. Check out more Tellenium reviews here.
Which One Should You Go With?
While all the alternatives to Velocity offer robust features and unique benefits, Lightyear stands out for its exceptional automation, data-driven insights, and seamless integration capabilities. If you're looking for a solution that not only optimizes costs but also simplifies telecom management with cutting-edge technology, Lightyear is a top choice. Ultimately, the best platform will depend on your specific needs, but Lightyear's comprehensive approach makes it a strong contender for any business seeking an efficient and effective telecom management solution.
