ApptioOne Saves Us Time, Effort and Energy

We use ApptioOne primarily for IT budgeting and forecasting. We use it for both departmental operating expenses and project financial reviews with IT leadership. We are working towards portfolio reporting and service-based costing. It is essential to walk forward our labor expenses and staff each month, so our annual budgeting process is so much easier. It is easily configurable, and we are able to demonstrate views of expense by several categories, many of which are internally tracked and critical for our IT leaders.

We have an annual budget cycle but perform a forecast plan each month and measure against that as well as the annual budget. The managers love keeping track of their monthly and mid-year performance against budget and knowing where they can make adjustments or changes throughout the year. We track the variances (if any) and work on updating future forecasts. All the details are included in each plan, so there isn't a need for us to constantly email or call the leaders if we have questions - we just look at their forecasts. They also like using the dashboards and seeing how other departments and IT is performing as a whole. All the information they need is at their fingertips.