Financial Management module

• Identify and communicate opportunities for cost

reduction by developing detailed evidence of where
costs are incurred.
• Manage infrastructure expenditures against budgets.
Reduce budget overruns through real-time access to
data.
• Build effective controls for meeting regulatory
compliance.
• Streamline budget processes for future planning.
Financial Management module
• Measure and communicate Cost of Ownership of
business services and understand the related assets.
• Track infrastructure asset and external services costs
• from the business units down to cost categories.
• Track labor time and costs of ongoing labor activities
applied to:
• Infrastructure assets;
• IT Component Groups that make up complex assets like VM
clusters, SANs and internal clouds;
• External utility services (cloud); and, the
• IT services that consume those assets.
Functional Scope - Financials

• Budgets: preparation, validation, tracking, modifications, statistics, departmental

“checkbook”, etc.
• Accounting: reserves, work units, depreciation allowances for internal use,
statistics, etc.
• Financing: loans, arbitration, renewals, rents, refinancing, returns, chargebacks,
statistics, etc.
• Circuit management : rented network circuits and their contracts ; data
acquisition, provisioning, etc.
• Insurance: valuation, contracts, bonuses, statistics, etc.
HP ASSET MANAGER SOLUTIONS

Procurement