These activities go far beyond standard IT budgeting process to encompass strategic expense planning along with project and supplier management activities.
IT financial management goal is to align IT and business and to help IT department being a strategic business partner.
Some activities are essential to align IT with business and make value-based decisions on IT services management.
KP-One not only enables these activities but automates them:
KP-One provides CIOs, operational managers and executive management with the opportunity to assess IT financial performance. KP-One helps with managing IT activities and providing financial transparency requested at enterprise level to remain competitive.
These processes being automated by KP-One, CIOs and operational management are able at any time to:
KP-One helps IT department with showing back IT services cost to its client as well as demonstrating IT investments financial impact on day-to-day operations. Finally, IT department is seen more financially responsible and improves credibility.
KP-One Knowledge Base provides a KPI repository automating an industry enterprise or end user specific IT usage rate benchmarking.
KP-One is a collaborative platform. KP-One is the unprecedented software that shows what IT budgets are made of in terms of technology, cost, acquisition, investment and convert them into project ROI, services chargeback and financial impact on cash out, charge and amortization.
Whatever each stakeholder need might be, KP-One provides him with all necessary information related to his activity and his own business criteria: technical and/or financial view, by line of business and/ or geography. Only a comprehensive solution connecting organization, technical and financial data can deliver reliable information.
Technical teams benefit from an unprecedented level of detail and executive management from strategic financial data. Company can measure IT assets value whether they stem from investments or delivered services.