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Veramark Technologies, Inc. provided services and software for Telecom Expense Management and call accounting. The company "specialized in controlling telecom expenses by managing a company's voice, data, and wireless services through a combination of auditing, consulting and software".
Veramark, originally known as MOSCOM Corporation, was founded in 1983.
In 2001, the company sold all the rights for the VeraBill product line, a mediation, provisioning and billing solution for wireline and wireless mid-size carriers, to Mind CTI Ltd. for
Veramark, originally known as MOSCOM Corporation, was founded in 1983.
In 2001, the company sold all the rights for the VeraBill product line, a mediation, provisioning and billing solution for wireline and wireless mid-size carriers, to Mind CTI Ltd. for US$
The United States dollar (Currency symbol, symbol: Dollar sign, $; ISO 4217, currency code: USD) is the official currency of the United States and International use of the U.S. dollar, several other countries. The Coinage Act of 1792 introdu ...
$1 million.
The company acquired the enterprise TEM and consulting businesses of Source Loop LLC, a Georgia-based telecom service provider, in June 2010. In September 2010, the company moved into 23,000 feet of new office space at Eagle's Landing Business Park in Henrietta, New York
Henrietta is a Administrative divisions of New York#Town, town in Monroe County, New York, Monroe County, New York (state), New York, United States, and a suburb of the city of Rochester, New York, Rochester. The population of Henrietta was 47,09 ...
.
In a September 2010 State of the Industry Report published by AOTMP, Veramark was ranked among the top 25 suppliers of TEM and Wireless Mobility Management solutions. In December 2013, Veramark Technologies merged with PINNACLE and Movero to form Calero.
Products and services
*Veramark TEM services included licensed software deployments, hosted Software-as-a-Service (SaaS) agreements, and fullymanaged services
Managed services is the practice of outsourcing the responsibility for maintaining, and anticipating need for, a range of processes and functions, ostensibly for the purpose of improved operations and reduced budgetary expenditures through the ...
.
*The VeraSMART Telecom Expense Management software suite included capabilities for managing contracts and sourcing, ordering and provisioning, invoices and disputes, inventory, usage, and process automation.
*VeraSMART eCAS Call Accounting Software has been rated compliant with Release 6 of the Avaya Communication Server IP PBX.
References
{{Reflist Companies based in Monroe County, New York Companies established in 1983 Software companies based in New York (state) Telecommunications companies of the United States Defunct software companies of the United States