The solution excels in several critical use cases, providing robust capabilities for planning, forecasting, and resource allocation, allowing IT leaders to prioritize investments directly aligned with overarching business objectives. Furthermore, it facilitates precise charging and billing mechanisms, enabling accurate cost allocation or showback to various business units, thereby incentivizing efficiency through consumption transparency. A distinguishing feature is the built-in Cloud Cost Management functionality, which consolidates the Total Cost of Ownership (TCO) picture for cloud expenditures, eliminating the need for disparate, specialized tools and offering deep optimization potential.
Beyond core financial management, the platform supports advanced operational needs such as comprehensive vendor and contract management, identifying underutilized agreements to drive negotiation leverage and maximize service value. It also integrates capabilities for sustainability reporting through Green IT initiatives and robust Project Portfolio Management to ensure projects deliver expected results efficiently. Users benefit from an Excel-like interface that allows for independent planning and reporting tasks without sacrificing data security or accuracy, leveraging familiar structures while mitigating spreadsheet-related risks.
