Monthly IT Cost Control

Proactive and ongoing control of IT spending

Every cost effective business needs proactive and continuous control of spending, and IT is no exception. But predicting IT costs and staying on budget is complex with multiple dependencies. Everyone from IT product, technical, and business service owners, to IT consumers, business units, P&L and geographies need to regularly analyze and adjust their spending. Reports on monthly, quarterly and yearly actual vs. budget must be generated. The cause of overruns must be identified. The impact of demand changes on the originally forecasted spend must be taken into account, or if necessary re-forecasted. Each of these is long, tedious and error prone tasks.

Simplify the complexity of ongoing IT cost control for predictability

We automate Monthly IT cost control by providing:

• Out-of-the-box periodic actual vs. budget reports for all services, cost drivers, business units, geographies and product lines
• Observation engine to automatically flag overruns and potential overruns as well as the possible cost driver behind the overrun
• Automatic re-forecasting based on actual cost
• “What if” scenario builder to help analyze alternatives for re-forecasting by adjusting cost or usage to stay on budget