BMC Financial Planning and Budgeting


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is the first solution of its kind to specifically address the unique financial management needs of IT.

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provides CIOs and IT leadership with a complete understanding of IT financials from the following key perspectives:

  • IT: What is the total cost of core IT capabilities?
  • Clients: What is the total cost of supporting IT clients and what are they getting for it?
  • Corporate finance: What does IT cost the enterprise? What are IT costs from the traditional perspectives of the general ledger, including capital, expense, and depreciation accounts?

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replaces IT budgeting and analysis spreadsheets with a single source for IT costs, ensures that budget information is current, and provides a record of costs. Then IT financial planners can create one or more planning scenarios and compare the consequences of various resource decisions against the actual costs.

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supports categorization of IT planned costs to the general ledger. As a result, the cost planning information in

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can be easily leveraged to support the annual planning process. Actual costs can be imported from the corporate system of record, so that each IT department with budget responsibility can monitor their spending against the plan in a system that is easy to access and understand.

You can use BMC Financial Planning and Budgeting to perform the following tasks:

  1. Inventory the costs of all your resources, both planned and current.
  2. Create budgets for all your projects. Within the

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    ,

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    works in conjunction with

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    to deliver detailed project financials.
  3. Create IT department budgets by loading costs from

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    .
  4. Create planning scenarios to get an overall picture of your budgets, taking into account both project and sustaining spending.

 

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