Financial Management
IHLP® 2007 Financial Management has not yet been launched. Please contact iSpoc for further information about the launch date and the content of the configuration package.
About Financial Management
With Financial Management, a financial plan is created for the organisation's coming fiscal year. All costs are registered, and so it becomes possible to compare the actual consumption with the budgeted consumption and to determine exactly what each individual service costs and to allocate expenditures to the correct customer or service.
The advantages of the Financial Management process are:
About Financial Management
With Financial Management, a financial plan is created for the organisation's coming fiscal year. All costs are registered, and so it becomes possible to compare the actual consumption with the budgeted consumption and to determine exactly what each individual service costs and to allocate expenditures to the correct customer or service.
The advantages of the Financial Management process are:
- It is possible to plan and manage the organisation's finances
- Costs are made visible and it becomes apparent who or what has caused them
- Business cases support investment decisions in a qualified manner
- It is possible to calculate and manage cost-effectiveness
- Output is invoiced in a fair way and is based on quality information
- Overall, IT is administered in a financially optimal manner
