What's the Problem?
Technology costs are large and poorly understood in many organizations. As CIOs look to create more agile organizations to provide greater value, they need strong and clear insights on their costs and how they support applications and business processes.
Major changes, such as shifting from on-premises to cloud computing, has unprecedented impact on cost structures. At the same time, large recurring costs for platforms, software and maintenance require new information and skills to manage and forecast.
Traditional charge-back models can allocate costs, but often fail to present data in actionable ways, and do not lend themselves to identify "go away" costs
There is a better wayWithin Anaplan, our IT Financial Management App translates costs from traditional cost centers and accounts into measurement of costs by Tower, Service, Application and Business Capability. This mapping is done transparently using a driver-based model.
The result is a clear measurement of costs at each level, including Total Cost of Ownership by Application. Use that data to reliably assess the costs that will "go away" if an application is moved from on-premises to cloud.
Communicate the Value of IT and Decide with Confidence
Allocation models can assign costs to businesses, but all that does is slice up the pie and no one is happy. Our model allows for clear communication of the cost of IT - where resources are being consumed by applications and business units, and what can be done to better manage those costs.
Full trace-back of costs from application back to the actual costs brings confidence to the model and allows for a true cost analysis capability.
Beyond IT Costs
Integrate your IT costs with Operations Costs to discover the true end-to-end process costs for your organization. What is the total cost - people and technology - for any business activity? Use this insight to support investment and restructuring decisions across the enterprise, and describe the true value of IT as part of the overall business process.
From Costing to Planning
Using Anaplan's planning capabilities, test out the impact of various scenarios on the cost model. What happens if an application is moved? What happens if transaction volumes shift, increase or decrease? See the impact in real time so that you can plan with confidence.
Connected in Anaplan
You don't need another complex and expensive tool to manage your IT costs. Add BetterVu's ITFM App as part of your overall CIO Planning Suite. Connect it to your planning process. Manage hosted systems and other recurring costs. Control contractor and project spending. Manage fixed asset costs and capital planning for IT.
Use it as part of your overall IT Management toolkit, and connect it to the rest of your organization.
BetterVu's CIO Planning Suite