IT Financial Management

PMG is the transaction engine powering IT Financial Management for comprehensive service pricing and cost allocation across your enterprise. The first and easiest step to achieve IT Financial Management is to publish your enterprise service catalog with visible costs. With PMG, the prices for all services are configurable and easily understood. Then integrate your internal pricing with existing enterprise accounting systems and then work towards full managerial and cost accounting with chargebacks and invoicing. We’ll get you started and then see you through to true IT financial management maturity. For more information about IT Financial Mangement, see Gartner’s Market Guide for IT Financial Management Tools, which references PMG’s ITFM capabilities.

PMG ITFM

Key Features

Cost Allocation – Capture and allocate the costs of products and services provided to the business with flexible allocation types and rules to cover any scenario. Configurable elements include Allocation Type, Allocation Rules, Allocation Plans and Contracts.

Comprehensive Pricing – Create complex bundles and pricing to support all dependencies and pricing relationships, across both your physical products and your services.

ERP Integration – Leverage existing investments by seamlessly integrating with virtually any ERP system including SAP, Oracle, and PeopleSoft. PMG provides utilities for importing and exporting spreadsheets for a more manual approach, as well as full bi-directional live data integration to ERP systems such as SAP, Oracle, PeopleSoft and more. PMG can check budgets dynamically, perform budget vs. actual reporting, generate direct billing/invoicing, manage cost allocation, and/or integrate to other accounting functions within your existing ERP solution as needed.

Subscription Based Services – Provide comprehensive service pricing and simplify subscription management across the enterprise. Subscription-based service offering are often overly complex. Yet PMG provides robust functionality for creating easy to use subscription-based service bundles that support any kind of dependencies and/or pricing scenarios.

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