IT Financial Management.
Knowing an application costs three hundred thousand a year is useful. Knowing which contracts make up that figure, which business processes depend on the application, who owns the spend and what it would take to replace it is the part that actually settles an argument. ITFM covers the spend — hardware, licences, infrastructure, vendors and contracts — and keeps it attached to the rest of the estate.
Where the money goes, and what it is holding up.
Manage Centralise contracts and vendors
One place for the contract lifecycle and the people behind it.
- Control contract renewals across the lifecycle
- Track contracts by status, owner and renewal window
- Manage vendor information and primary contacts
- Assign Business, Technology and Process owners
- Generate audit reports — e.g. contracts vs. technology in use
Control Renewals and vendor performance
Make every renewal a deliberate decision, not a surprise.
- A contract work-flow that ensures every step is managed
- Surveys to review and gauge vendor performance over time
Analyse See where the money actually goes
In-depth visualisations and forecasting on real ingestion data.
- Automatic or manual ingestion of IT spend
- Track spend by contract purpose
- Forecasting and cashflow insights — planned vs. actual
- Total Cost of Ownership by vendor
- Identify consolidation opportunities across capabilities or business units
Use state3 Enterprise ITFM for…
IT budget planning
IT consolidation
Business criticality planning
Supporting stakeholder discussions
One graph. Many lenses.
Application Portfolio Management
Rationalise applications and map them to business capabilities.
application portfolio managementChange Process Management
What a change touches, before you approve it.
change impact assessmentRisk Management
Risk attached to the thing at risk, with owner and treatment.
technology risk managementIT Service Management
Services linked to the infrastructure beneath them.
IT service managementIT Operations
The same model read from the other end: what an alert actually affects.
organisational context for IT operationsCIOs and IT leadership
The standing questions, answerable without commissioning a report.
technology intelligence for CIOs