The Crescent IT Asset & Financial Management solution helps you manage costs and risks associated with IT assets and projects by managing spending and utilization from requisition to cost capture to better prioritize IT initiatives and investments. Organizations like yours face increasing pressure to act and perform like a service-based business, which is driving the need for improved IT Asset & Financial Management capabilities. Current IT spending in most companies is haphazard, with many surveys pointing to IT cost overruns and ballooning budgets as a source of frustration and mistrust between IT and the business.
Crescent’s IT Asset & Financial Management solution proactively manages all IT assets in your business environment and provides instant knowledge of what assets are deployed. It delivers full-featured asset tracking capabilities through automated discovery, hardware and software inventory, configuration management, software usage monitoring, software license management and extensive cross-platform reporting. Additionally, it manages costs, contracts and projects, enabling you to measure LOB usage for billing and cost recovery.
The IT Asset & Financial Management solution enables IT to run more like a business. By exposing costs across assets, resources and services and through equitable cost allocation, ITAFM enables you to quickly demonstrate savings realize efficiencies and make better decisions about how to spend scarce IT dollars.
The Crescent Advantage
Crescent’s solution delivers comprehensive IT Financial Management for IT projects, assets and IT consumption. This offers your organization a major advantage since it enables IT to understand total enterprise costs, which is the basis for sound financial decision making. The solution is a key element in Crescent's Enterprise IT Management (EITM) initiative, which enables you to manage solutions from a variety of vendors, as well as capabilities you’ve developed internally. To help unify and simplify the entire IT management environment, Crescent provides you with a standards-based platform that allows these products and processes to work together with the least effort and complexity.