Information Technology Financial Management (ITFM) Solutions:  Improving Communication Between CIOs and CFOs

Three Market Leaders Join Forces:  Edgewater Ranzal, Oracle, and Thavron Solutions

"This collaboration brings a unique intersection of technology, strategy and implementation expertise to the ITFM space.  We see a compelling opportunity to further strengthen the bonds between the offices of the CFO and CIO and bring a common language to the business."  - Matt Bradley, Senior Vice President, Product Development, Oracle

For the good of your organization, it's imperative that the CIO and the CFO speak the same shared language of value and that they connect in an effort to move forward in the most aligned and productive manner possible. 

Speaking a shared language — one that offers a unified financial model view and is based on shared definition of value — is key to finding a solution. The discipline of ITFM (IT Financial Management) is about equipping both of these executive-level offices and their teams with a better language.

 

With an ITFM solution, you are able to: 

  • Reduce the time that IT Finance spends on managing the business processes, providing more time for value-added analytical activities
  • Give IT Managers more detailed, timely, accurate data to better understand the cost & effectiveness of the services and projects they are delivering
  • Provide Line-of-Business managers with cost transparency into IT allocations and chargebacks, allowing them to better align their consumption of services with their business goals

 

ITFM focuses on these finance business processes:  

  • IT Planning: Budgeting & forecasting of IT Operating and Capital Spend
  • IT Costing: Linking supply side financial cost structures with demand side consumption for services and projects
  • IT Chargebacks: Equitably charging lines-of-business for internal services and projects performed (or Showback)

  

We Have Options, You Have Options

Contact us today to learn more about our preferred solution for IT Service Costing — co-developed with Oracle and executed with Thavron Solutions — and based on PCMCS (Profitability and Cost Management Cloud Service).  Oracle's PCMCS is a cloud-based, packaged performance management application. It offers, in one package, a rules engine for cost allocations, embedded analytics, and data management platform.

 

Are you getting the most out of your Profitability & Cost Management solution? Take the Edgewater Ranzal Profitability & Cost Management Improvement Index (PCMII) and see where your organization stands.

​ADDITIONAL RESOURCES

SOLUTIONS

 

 

Lightning Cloud Accelerators - Ground to Cloud - PCMCSLightning Cloud Accelerators - Ground to Cloud - PCMCSLightning Cloud Accelerators - Ground to Cloud - PCMCS solution sheet2017-02-22T05:00:00ZFact Sheet
PCM for Standard Cost Rate DevelopmentPCM for Standard Cost Rate DevelopmentPCM for Standard Cost Rate Development soluition sheet2016-12-23T05:00:00ZFact Sheet
PCMCSPCMCSProfitability and Cost Management Cloud Service (PCMCS) solution sheet2016-12-07T05:00:00ZFact Sheet

CLIENTS

 

 

Driving Performance at MasterCard Using PCMDriving Performance at MasterCard Using PCMCase Study - MasterCard2017-08-08T04:00:00ZCase Study

 

 

Edgewater Ranzal and Thavron Solutions Create New AllianceEdgewater Ranzal and Thavron Solutions Create New AllianceEdgewater Ranzal and Thavron Solutions Create New Alliance8-7-2017Press Release
Connecting the Value of IT: A Disciplined Solution for Service Costing and ChargebackConnecting the Value of IT: A Disciplined Solution for Service Costing and ChargebackBlog Post8/7/2017Blog
The Bill for IT: IT Service Costing, Showbacks & Chargebacks with Profitability & Cost Management Cloud ServiceThe Bill for IT: IT Service Costing, Showbacks & Chargebacks with Profitability & Cost Management Cloud ServiceHUGmn 2017 Presentation3/15/2017Presentation


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