Budgeting and Forecasting

IT planning to the point

To get the maximum benefit from their IT investments, companies need to ensure that they use limited financial resources effectively. This means that they must not only identify the financial requirements for current projects and services, but also take future requirements and developments into account.

netinsight offers collaborative planning and forecasting functions for cost centers, projects, services, manpower and assets in a central solution. This accelerates planning, improves quality, creates accountability, allows the identification of optimization potential and enables well-founded decisions on how to use financial resources.

Completely done:

Automatic workflows

netinsight significantly reduces the effort involved in data procurement for budgeting and forecasting, as our ITFM solution automates the process to a significant extent. The solution independently requests the required information from the various parties involved and monitors deadlines. If data is not delivered, netinsight automatically sends reminders.

The tool uses automatic workflows to obtain the necessary approvals from those responsible. The current status of the process can be monitored at any time in the planning cockpit. So instead of chasing after missing information, you can turn your attention to more important tasks. And still stay right on track.

Always up to date:

Detailed analyses

netinsight offers functions for reliable IT cost planning - on an ongoing basis. This is because our ITFM solution bundles all relevant information in a central solution (single source of truth) and thus creates the conditions for further evaluations and analyses. This enables you to make relevant decisions based on data and facts.

With the help of regular forecast rounds, you can adapt your cost planning to the changing requirements of your company over the course of the year. This creates the ideal conditions for maintaining control over your IT costs and managing them in a targeted manner at all times.

Faster to your destination:

Automatic data transfer

Our ITFM solution brings together relevant data from various sources to automate calculations and minimize errors. It integrates actuals from accounting, contracts, standing journals, depreciation and amortization as well as personnel and provider costs into the planning and forecasting process.

Regular data updates enable you to react flexibly to changes and trends. In particular, the ongoing comparison of planned and actual costs (target vs. actual) enables you to continuously monitor your financial resources precisely.

Central solution for budgeting and forecasting

Budgeting IT costs is a complex task where often the devil is in every detail. A wide variety of cost types are included in the budget: From CAPEX and OPEX costs for hardware and software to IT employee salaries, maintenance and cloud costs, through to expenditure on external personnel and consultants.

The problem: the information required for IT planning is often scattered across different systems. Determining and collating this information manually across all levels is an extremely time-consuming and error-prone task. Added to this is the need for agility in planning, as IT budgets change several times a year in most companies.

Another disadvantage: the evaluation options of widely used spreadsheet-based planning are very limited.

Does that sound familiar to you? Then it's high time for netinsight. With our ITFM and TBM solution, you can take budgeting and forecasting to a new level - and create the basis for an efficient, flexible and comprehensible IT cost planning and a holistic Technology Business Management (TBM).

How to benefit from netinsight for IT budgeting and forecasting:

Solid database

The automatic integration of relevant data sources minimizes errors. Comprehensive tools for planning and master data checks increase quality.

Flexible evaluation

Plan data can be evaluated along any number of freely definable budget hierarchies. Gain precise insights from different perspectives.

Increased process efficiency

Data transfer from planning rounds, workflows or contracts, employees, providers and asset systems significantly accelerates budgeting and forecasting processes.