Vendors & Suppliers
Apptio’s Vendors & Suppliers solution provides IT finance leaders with visibility into the entirety of their external technology spend. It combines contract, purchase order, accounts payable, and invoice data into a single system so IT finance leaders can understand each contract’s business value, recommend adjustment or cancellation of contracts prior to renewal, reallocate unused and open purchase orders, and optimize contracts with managed service providers (MSPs).
Apptio Vendor Insights
Apptio Vendor Insights provides a centralized, integrated view of spend across the technology vendor portfolio to ensure optimal alignment of external spend to the IT strategy.
Value for Key Stakeholders
Apptio’s Vendors & Suppliers solutions provide IT finance leaders with visibility into the entirety of their external technology spend.
Reduce and eliminate unnecessary or duplicative vendor agreements; reallocate open, unused POs and drive spend accountability; and automate reconciliation of resource-unit based invoices.
Terminate contracts that support applications nearing end-of-life, ensure contracts that support critical applications are extended, and consolidate contracts across the application portfolio.
Eliminate redundant vendors providing similar services, consolidate multiple contracts for volume discounts, and renegotiate optimal pricing based on actual resource utilization.
How Does Apptio Compare to Alternatives?
| Spreadsheets | VMS Tools | Apptio | |
|---|---|---|---|
| Ingest PO, contract, and invoice data | |||
| ML-driven data mapping | |||
| Self-service analytics | |||
| Pre-defined reports & KPIs | |||
| Standard IT cost allocation model |
