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Make smart decisions right at the point of decision making with Bee360 for IT Financial Managementwith always up-to-date financial and operational data. It clearly shows you where the costs are incurred, how the prioritization of expenses is determined, and what risks are considered.
As the leading financial management suite, Bee360 provides you with all relevant KPIs, whether you want to work with your own financial model or adopt existing approaches such as the Technology Business Management (TBM) model.
Lay the foundation for global governance. Industry standard cost models (Bee Approach, TBM, CIGREF and others) provide a logical taxonomy and allow you to leverage and integrate structures from your financial systems.
Identify your cost drivers on a data-driven basis and continuously optimize them. Use this information to build effective controlling from strategy implementation to operating costs. This way, you can identify financial opportunities that accelerate innovation.
Avoid unnecessary expenses by knowing what costs are coming your way. Optimize the use of your resources and integrate suppliers in a targeted manner, also with the help of automated variance analyses that take all planning statuses into account.
Ensure your platforms and applications deliver the best possible impact through distributed responsibility and enterprise-wide collaboration. Selectively replace expensive applications with limited value and implement forward-looking architectures and roadmaps.
Minimize data entry efforts by using existing data from surrounding systems (ERP, IT) via standard connectors. The missing data is collected centrally or decentrally and automatically processed and calculated.
Bee360 is suitable for small, local IT as well as for global corporations. There you get the purchase quantities of services by intelligent recording or extrapolation. Manage new requirements selectively and avoid unnecessary duplication of applications, whether you have a centralized or federated operating model.
The calculation of the settlement and the transfer to the financial system are automated. Whether for internal, group-wide or external invoicing. Billing information is also automatically generated and delivered by email or made available through the portal. If corrections are required, you will receive them automatically from the system.
Achieve general consensus on technology investments by demonstrating the value that IT provides with Bee360. Priority conflicts that are fought out on the backs of IT are a thing of the past. The clear service offer through the service catalog supports this additionally.
Avoid unnecessary IT through intelligent demand management. Distinguish between volume-driven and demand-driven cost changes. Encourage the introduction of new services or the discontinuation of existing services with the right subsidy strategies.
“Technology executives need to understand and monitor not only the cost of technology, but also its contribution to revenue and ultimately the bottom line. The solution must be dynamic and adaptable to support different regional and international constraints, but also provide insights that enable executives to run scenarios and what-if analyses to make informed decisions about technology investments, service delivery, operating costs and contract values.”
Gordon Barnett
Forrester Principal Analyst
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The standard connectors can be used to exchange all required information from the systems of SAP (e.g. R/3, S4 HANA, BW), Microsoft (e.g. Navision, Sharepoint), Service, BMC (Remedy) and many others for financial controlling.
"With Bee360, I can quickly and reliably show the value contribution of IT. This allows investment decisions to be made with confidence while optimizing operating costs."
Dr. Karsten Rech
CIO
Vonovia SE
The basis for efficient financial management is a transparent and integrated view of control-relevant data. Often this view has to be created manually and time-consuming. Avoidable costs are incurred and the speed of response is reduced. However, the increasing speed of change in today’s markets requires a high reaction speed in order to be able to respond flexibly to the constantly changing environment. In this white paper, learn how rolling forecasts can be used as a core element in various financial planning horizons and enable greater agility in financial flows.
The basis for efficient financial management is a transparent and integrated view of control-relevant data. Often this view has to be created manually and time-consuming. Avoidable costs are incurred and the speed of response is reduced. However, the increasing speed of change in today’s markets requires a high reaction speed in order to be able to respond flexibly to the constantly changing environment. In this white paper, learn how rolling forecasts can be used as a core element in various financial planning horizons and enable greater agility in financial flows.
Whether you want to learn more about the platform, see Bee360 in action, deepen your knowledge of the underlying management concepts in our digital university, or engage with our community at an event – it’s all just a click away.