IT Costing

Automatically calculate the full cost of IT services

Our unique cost modeling technology delivers a visual approach to mapping the connections between IT services and their underlying cost drivers – technical services, assets, projects, human resources and more. Allocation rules are automatically applied. This means you can simply run your expense data through the model to easily calculate the total and unit costs of IT services.

Map IT services to cost drivers

To understand the true cost of email, CRM, transaction processing, video conferencing or any other IT capability, you need to have a logical model that maps all the underlying cost drivers to the IT service. For example, for CRM it is necessary to map license costs, license maintenance, server, server maintenance, network, security, administration, consulting customization, security, overhead and so on. Furthermore, each of these can have their own underlying costs.

Our IT Cost Management solution simplifies this important process with an easy to use visual cost model builder as well as built-in cost models.

Define and manage allocation rules

We’re not done by mapping the connections. Along with the logical cost model that maps all cost drivers to specific services we also help you set and manage allocation rules. Allocation rules define how much of every cost driver is allocated to a specific service and by what parameter the allocation is going to be done. For example, you can allocate by %, headcount, users, CPU or many other allocation methods. Allocation is applied not only to the cost drivers but also to the consumers of the service so you can allocate the cost of a service by its different business units, P&L, geographies, etc.

Answer key IT costing questions

With cost models and allocation rules in place, it is straightforward for you to run the actual expense and usage data to easily figure out:

What is the unit cost of specific IT services?
How does the unit cost break down into the underlying cost drivers?
How does the unit cost break down into account and expense types?
What is the total cost of specific IT services?
How does the total cost break down into different business units, geographies and product lines?

Try it. We know you’ll like it.

We have automated and simplified this very important process with easy-to-use graphical cost modeling and built-in cost model templates and allocation rules. Try it and see for yourself.

Attend a Free IT Cost Management Workshop