Financial Management

Organizations today prefer using hard data and an ROI based approach when it comes to IT service management.

When it comes to managing IT financial data such as software/hardware costs within your organization, how do you manage and control your spending? Do you have a software solution that allows you to track financial data related to IT investments? How about a means to gather and present reliable financial data in a timely fashion to analyse ROI on your IT investment?

ITAM solutions’ financial management service is oriented around providing a comprehensive financial management process that can grant you all of the above and more.

Our specialists first consult with you in order to determine what your end goal looks like with regards to your financial data reporting. Once we have a clearer idea of your requirements, we can create a road map on the required actions to undertake so that you can get a more insights from your software spending data. These actions can range from implementing data extraction and reporting processes within your organization from scratch, or streamlining and structuring financial data flow so that you are able to better report and clearly convey your spending.

Why ITAM solutions ?

Creating insight

We can provide a comprehensive overview over past and present spending and use the data to forecast future expenses as well, allowing you to make better informed investment decisions.

Fit for purpose

Our team will align with you from day 1 in order to determine exactly what you’re looking for in a financial data management process and will ensure that our plan is tailored to your needs.

Potential for advanced capabilities

The financial management service can also include advanced capabilities related to automating processes such as showback, chargeback, and cross-charging models.

A service developed from practical experience

Our involvement at other organizations drives a continuous improvement of our practices. This in turn is reflected in our team’s ability to modify our approach depending on your use case and implementing improvements in the end to end process

Which added value do clients experience?

Our clients see a direct improvement on the insight and transparency they are able to create and are able to see where software expenditure occurs. With more advanced cases, clients were even able to perform automated chargeback towards their services/departments, streamlining business processes and reducing time spent on routine finance related tasks.

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