Take smart decisions right at the point of decision-making with Bee360 for IT Financial Management, using always up-to-date financial and operational data. It clearly shows you where costs are incurred, how the prioritization of expenses is determined and which risks are taken into account. As the leading financial management suite, whether you want to manage with your own financial model or adopt existing approaches such as the Technology Business Management (TBM) model, Bee360 provides you with all the relevant KPIs to do so.
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The Easiest Way to Full Cost Transparency in the IT
Analyze, plan and allocate costs quickly & effectively
The Easiest Way to Full Cost Transparency
Analyze, plan and allocate costs quickly & effectively
Take smart decisions right at the point of decision-making with Bee360 for IT Financial Management, using always up-to-date financial and operational data. It clearly shows you where costs are incurred, how the prioritization of expenses is determined and which risks are taken into account. As the leading financial management suite, whether you want to manage with your own financial model or adopt existing approaches such as the Technology Business Management (TBM) model, Bee360 provides you with all the relevant KPIs to do so.
Analyze
Create the foundations for global steering. Industry standard cost models (Bee Approach, TBM, CIGREF, and others) bring a logical taxonomy and enable the use and integration of structures from your financial systems.
Identify your cost drivers on a data-driven basis and optimize them continuously. Use this information to establish effective controlling from strategy execution through to operating costs. As a result, you can identify financial opportunities that accelerate innovation.
Prevent unnecessary expenses by knowing what costs will be involved. Optimize the use of your resources and integrate suppliers in a targeted manner, also with the help of automated variance analyses that take into account all planning statuses.
Analyze
Create the foundations for global steering. Industry standard cost models (Bee Approach, TBM, CIGRAF, and others) bring a logical taxonomy and enable the use and integration of structures from your financial systems.
Identify your cost drivers on a data-driven basis and optimize them continuously. Use this information to establish effective controlling from strategy execution through to operating costs. As a result, you can identify financial opportunities that accelerate innovation.
Prevent unnecessary expenses by knowing what costs will be involved. Optimize the use of your resources and integrate suppliers in a targeted manner, also with the help of automated variance analyses that take into account all planning statuses.
Plan
Ensure that your platforms and applications deliver the best possible impact through distributed responsibility and enterprise-wide collaboration. Target the replacement of expensive applications with limited value and bring more forward-looking architectures and roadmaps into implementation.
Minimize the effort of data acquisition by using existing data obtained from the surrounding systems (ERP, ITSM) via standard connectors. The missing data is recorded centrally or decentrally and processed and calculated automatically.
Bee360 is suitable for small, local IT organizations and global corporations. There you get the purchase quantities of services through smart collection or extrapolation. Manage new requirements in a targeted manner and prevent unnecessary duplication of applications regardless of whether you have a centralized or federated operating model.
Plan
Ensure that your platforms and applications deliver the best possible impact through distributed responsibility and enterprise-wide collaboration. Target the replacement of expensive applications with limited value and bring more forward-looking architectures and roadmaps into implementation.
Minimize the effort of data acquisition by using existing data obtained from the surrounding systems (ERP, ITSM) via standard connectors. The missing data is recorded centrally or decentrally and processed and calculated automatically.
Bee360 is suitable for small, local IT organizations and global corporations. There you get the purchase quantities of services through smart collection or extrapolation. Manage new requirements in a targeted manner and prevent unnecessary duplication of applications regardless of whether you have a centralized or federated operating model.
Charging
The calculation of the billing and provision to the financial system is automated. Regardless of whether for internal, group-wide or external invoicing. The accompanying information for the invoice is also generated automatically and delivered by email or made available via the portal. If true-ups are necessary, you will receive them automatically from the system.
Create a general consensus on technology investments by showing the value that IT provides with Bee360. Priority conflicts that are fought on the back of IT are a thing of the past. The clear service offering through the service catalog also supports this.
Avoid unnecessary IT costs through smart demand management. Distinguish between volume-driven and demand-driven changes in costs. Promote the introduction of new services or the discontinuation of existing ones with the right subsidy strategies.
Charging
The calculation of the billing and provision to the financial system is automated. Regardless of whether for internal, group-wide or external invoicing. The accompanying information for the invoice is also generated automatically and delivered by email or made available via the portal. If true-ups are necessary, you will receive them automatically from the system.
Create a general consensus on technology investments by showing the value that IT provides with Bee360. Priority conflicts that are fought on the back of IT are a thing of the past. The clear service offering through the service catalog also supports this.
Avoid unnecessary IT costs through smart demand management. Distinguish between volume-driven and demand-driven changes in costs. Promote the introduction of new services or the discontinuation of existing ones with the right subsidy strategies.
An Isolated IT Financial Management?! What Forrester Says about it:
“Technology executives need to understand and have visibility into 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 allow 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
An Isolated IT Financial Management?! What Forrester Says About It:
“Technology executives need to understand and have visibility into 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 allow 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
Integration – Bee360 Is Your Single Point of Truth
With the standard connectors, all required information from the systems of SAP (e.g. R/3, S4 HANA, BW), Microsoft (e.g. Navision, Sharepoint), ServiceNow, BMC (Remedy) and many others can be exchanged for financial control.
Integration – Bee360 Is Your Single Point of Truth
With the standard connectors, all required information from the systems of SAP (e.g. R/3, S4 HANA, BW), Microsoft (e.g. Navision, Sharepoint), ServiceNow, BMC (Remedy) and many others can be exchanged for financial control.
“With Bee360 I can quickly and reliably demonstrate the value contribution of IT. Investment decisions are thus safely made while optimizing the costs of operations at the same time.“
Dr. Karsten Rech
CIO
Vonovia SE
“With Bee360 I can quickly and reliably demonstrate the value contribution of IT. Investment decisions are thus safely made while optimizing the costs of operations at the same time.“
Dr. Karsten Rech
CIO
Vonovia SE
Unbeatable ROI – Implementation Is 3x Faster Than Other ITFM Solutions
Minimum Effort
Minimum EffortBee360 reduces the effort of controlling by up to 95%. This saving is achieved purely with intelligent processes, the effort is not shifted to other parts of the organization.
Maximum Transparency
Maximum TransparencyBee360 creates easily accessible visibility at the granularity needed for all relvant roles, such as CEO, CFO, CIO, controlling, cost center, service and project managers, customers and suppliers, …
Predict the Future
Predict the FutureWith integrated planning, you know what is going to happen – what resources are planned for what scope and what expenditures and with which suppliers they will be realized. This allows you to determine what should happen. This creates enormous competitive advantages.
Let’s Roll: How Rolling Forecasts Enable Agile Financial Management
The basis for efficient financial management is a transparent and integrated view of control-relevant data. Often, this view must be created manually and in a time-consuming manner. Avoidable costs arise and the reaction speed decreases. However, the increasing pace of change in today’s markets requires a high reaction speed to enable an agile response to the ever-changing environment. In this whitepaper, learn how rolling forecasting can be used as a core element in various financial planning horizons and enable greater agility in financial flows.
Let’s Roll: How Rolling Forecasts Enable Agile Financial Management
The basis for efficient financial management is a transparent and integrated view of control-relevant data. Often, this view must be created manually and in a time-consuming manner. Avoidable costs arise and the reaction speed decreases. However, the increasing pace of change in today’s markets requires a high reaction speed to enable an agile response to the ever-changing environment. In this whitepaper, learn how rolling forecasting can be used as a core element in various financial planning horizons and enable greater agility in financial flows.
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