Many growing organizations and even some large developed organizations are constantly working on systems and accounting algorithms that will enable the company to properly assess IT development charges to the appropriate groups.
Determining these charges appropriately can mean the difference between pricing a product or service out competitively and in managing budgets across multiple departments. Setting up a systematic means of doing this rapidly and efficiently is also necessary for many companies to get their books closed on a monthly, quarterly, yearly basis and be able to perform real time analysis on those results so that they can make the most accurate operating decisions possible.
Plus, this same information becomes the backbone for future financial modeling, planning and forecasts that will help senior leadership tack towards a successful strategy without receiving a nasty surprise in an unexpected budget allocation. The worst thing that can happen to a senior executive sometimes is receiving an unexpected number that they can not explain to their investors.
Some organizations may try to wing it on occassion, but the more a company grows and develops the more important it becomes for senior leaders to not only receive the right answer but to have the backup and proof instantly available that shows how the right answer was derived and why it truly is the right answer. Leaders need tools that allow them to look critically at the data they are provided, slice and dice it and insure that everything is rock solid.
Acorn Systems provides IT value management software for customers looking to track IT chargebacks through a company and come up with the appropriate ABC cost assumptions and put those assumptions to work to allocate and track direct and indirect costs precisely and efficiently.
Their solution deliverss the following utilities:
- Rate-based cost allocations or usage-based cost allocations, using a consumption driven Activity Based Costing model.
- Data integration and data capture.
- Web-based reporting with robust drill-down for IT as well as business units.
- Invoice and cost analysis reports.
Page Popularity for Site: 11% [?]