Why do our IT costs
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Apptio helps CFOs get more
from their technology spend.
Before Apptio, we didn’t have the right data and information to have the right conversations. We could tell somebody what they’re spending, but we couldn’t explain why and then help businesses make decisions about how to spend the money more wisely.
EVP and CFO, Technology & Operations, KeyBank
CFOs need answers to fundamental questions
Every company today is a digital business, and yours is no exception. Technology offers more enterprise value—and risk—than ever before, requiring a bigger investment across all departments. Yet it’s a struggle to accurately understand and communicate IT's return on these investments. How do you know what you should be spending on technology and how can you partner with IT to ensure the budget is spent wisely?
Why do our IT costs
How do we avoid
Why are run costs
crowding out innovation?
How do we reduce
tech budget padding?
What value are we getting
for our tech investments?
Why aren't we
Finally, the answers you need.
Apptio offers SaaS applications tailored for IT finance, providing confidence that you’re getting optimal value from your tech investments. Our software:
- Blends GL and IT data to calculate granular, accurate, total costs of technology.
- Automates budgets, variance, and forecasts for IT resources, projects, and services.
- Provides apple-to-apple benchmarks of your actual technology costs vs peers.
- Pairs costs with visibility into utilization and quality for continuous spend optimization.
- Automates chargeback and showback to recover costs based on true BU consumption.
Apptio accelerates common initiatives for CFOs
Continuously analyze cost and utilization to find and eliminate inefficient resource spend.
Compare your costs to industry peers and identify opportunities to improve efficiency.
Free up funding for digital by eliminating inefficient IT spend and reducing budget padding.
Improve budget agility to facilitate rapid experimentation by digital business teams.
Automate IT finance processes like budgeting, forecasting, variance analysis, and cost modeling.
Know if IT is creating the right efficiencies across your company and enable better IT decision makers.
Support compliance with GDPR by tracking spend on vendors housing company data externally.
Understand SaaS spend and leverage that knowledge in renegotiations in light of ASC606.