In the IT asset lifecycle, Move, Add, Change, Disconnect (MACD) describes a set of tasks that technology departments regularly perform to keep products and services up to date. The acronym stands for the following:
MACD management is a fundamental part of Technology Expense Management because it helps companies streamline the IT asset lifecycle by keeping track of equipment and services and keeping them up to date.
With frequent business changes, it is challenging to track inventory needs in-house. There are several different scenarios when an employee may require additional technology equipment and service packages:
In an enterprise environment, products and services are often added or disconnected on a daily basis, making it necessary to have a system to track and manage all of the moving parts and implement best practices when it comes to expense management.
For example, if an employee with a company cell phone and unlimited data plan leaves their job, there must be a process in place to disconnect the plan quickly and efficiently. Otherwise, the company will receive an unnecessary charge on the next billing cycle. Charges like this can add up to wasted money over time and affect the bottom line.
For enterprises looking to maximize their time and resources, there are several benefits to using a MACD management service:
Managed Technology Services offers an all-in-one solution for enterprises with complex technology infrastructure. Technology stakeholders must manage service contracts, invoices, and keep track of the allocation of equipment and services, which is difficult to manage in-house. To successfully navigate this landscape, enterprises need a professional team who knows the ins and outs of expense management and can find the most savings over time.
Doing this work in-house may appear more affordable, but when you factor in the cost of an employee’s time and the oversights made due to lack of time and resources, it becomes more economical to hire a professional. In fact, large enterprises have seen cost-savings in the millions by using a MACD management service.
It’s important to think about the entire lifecycle of technology expense management when choosing a provider. This includes invoicing to data analysis to tracking inventory, audit provisioning, payment processing and reporting. A TEM platform can track, communicate, report, attribute, and provide status updates of the end-to-end process.
A full-service expense management provider not only handles the drudgery of invoice processing, but they can dispute billing errors and manage inventory as it relates to MACD. By outsourcing TEM to a team of experts, technology stakeholders save time, money, and valuable resources within the enterprise.