In the present scenario, large enterprise organizations demand a very intrinsic and complex type of cost modelling and financial management system; this is not met by their existing ITFM solutions. The customer was looking for a solution that will help service-based organizations in budgeting, forecasting and managing accounting data and also fulfil below objectives:
- A solution for calculating the service based costing and budgeting from Invoices, General Ledger and ELA and forecast future costing model for the services.
- Decision makers can analyse current costing of service and based on that make the future decision for the services
- A solution that can dynamically change the calculation and set business rules.
- To provide updates on different service drivers and recalibration through budget cost reporting.