The increasing demands of compliance regulations, along with the need for better governance, are reshaping IT. The sheer number of compliance regulations in the market today, along with the certainty of new privacy and security regulations, mandate better control of IT operations. In addition, top management is increasingly unwilling to allow IT to function without better oversight and control.
Under growing pressure to control its processes and to provide better visibility, IT is turning to frameworks like ITIL and CobiT for guidance. In turn, IT is moving to service-oriented delivery models and to Service Portfolios themselves for the tools it needs to implement the best practices within those frameworks.
Mature companies are increasingly realizing that in order to control what IT provides, both for better governance and to meet compliance needs, it first must understand IT. Service Portfolios fill that need, helping IT operations offer reliable, cost-effective, visible, and predictable processes to the business.
100% Visibility of IT Spend
The Service Portfolio provides a platform to tackle difficult compliance issues and provides visibility into IT spending. Lontra's 5 Steps to Effective IT Budgeting workshop series gives organizations the critical capabilities they need to do just that, in just 3 days!
The first step in achieving successful compliance and governance is getting a handle on how much it costs to provide your various services, and who is consuming them. Lontra's Financial Management Suite includes three intuitive modules designed to manage the end-to-end economic relationship between IT and its customers.
Financial Manager Provides complete visibility into IT service costs from the business perspective using service unit-cost models, cost recovery & chargeback
Demand Manager Enables IT organizations to engage business customers to accurately forecast service demand, track it against actual consumption and ultimately influence customer buying decisions
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