06 tools in the library
Technology Cost Management
ITFM
ITFM shows where the technology budget is spent: the cost of every service, application and resource, and how it is spread across departments, so rationalisation and investment decisions rest on clear numbers instead of rough estimates.
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What you get
- Gather infrastructure, cloud and licence costs in one place
- Allocate cost across departments and services
- Link every cost to the application or service it produced
- Track contractual commitments and upcoming renewals
- Analyse variance between approved budget and actual spend
- Cost reports ready for management and finance