Gain financial transparency and allocate expenses by department, strategic initiative, and more.
Business executivesIntelligently allocate IT funds to innovation enablement and strategic deliverables.
CFO, Finance, and IT budget ownersEvaluate spend across the organization by IT expenses and multi-dimensional allocation.
IT and procurement teamsUnderstand the true value of technology and IT services.
IT financial transparency
With the growing complexity of technology, many organizations are challenged with IT Finance Management costs that are scattered in multiple systems. Further, these various systems often measure costs in different ways. brightfin centralizes data through automated processes to provide a complete picture of the total cost and value of IT services.
Understand IT costs at a granular level
Create a framework to capture and allocate all IT costs accurately. Understand your organization’s costs incurred, how these costs are driven, how the costs are “consumed” by IT services (or other entities such as business units), and the value delivered by IT services versus the consumed costs. Leverage cost-based trends to monitor performance and make strategic decisions.
Correctly chargeback services
Consolidate all IT costs in a single IT expense management tool. Reduce expenses with more effective chargeback responses and processes to recover revenue, while stopping future losses before they happen.
Allocate expenses by department and strategic initiative
Allocate costs according to what is important to your business across multidimensional attributes such as cost center, project, location, tenant, etc. brightfin makes this easy through dynamic configuration and evolves your enterprise’s mindset to see expenses in a whole new light – making the shift from seeing expenses purely as costs to seeing how IT expenses drive business value.