Financial Management
Demonstrate the value of IT services through comprehensive financial management
Changepoint's financial management capabilities enable IT executives to track the cost incurred by IT organizations as they deliver to the business, and to communicate that cost to line-of-business clients in real-time. This includes tracking of time, expenses and investments as part of a comprehensive IT financial management process.
Using Changepoint's intuitive interface, IT executives have the ability to create meaningful reports at multiple levels regarding the costs of delivering on the IT portfolio. IT managers can report on a wide variety of financial information by fiscal periods, with support for multiple currencies and geographies.
Communicate IT value
Changepoint supports a sophisticated charge-back model, where all time associated with projects and requests, products, expenses and fixed fees associated with client work can be automatically prepared for client chargeback. Even if your organization is not using a chargeback model, this is powerful information for communicating IT value to line-of-business clients.
Financial transaction information is easily integrated to your financial application by leveraging our APIs or prepackaged integration options.
Create a "closed loop" for IT chargebacks
Changepoint's financial management capabilities provide information which allows IT to prove value through meaningful reports, and client portals that provide the data needed to justify chargebacks for services delivered to the client. The result is a "closed loop": requests for IT functionality are linked to the work required to deliver this functionality and the costs associated with that work.
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