IT Financial Management
Transparent, scalable and built for IT teams
IT is at the heart of modern business and is emerging as a true enabler of value across organizations globally. CostPerform’s ITFM solution is the proven bridge between IT and business value.
IT’s manual, error-prone spreadsheets and disconnected financial processes make it hard to structure costs, justify spending, and align IT budgets with business needs. CostPerform empowers CIOs and IT Financial Leaders to do more with less and to run IT like a business.
Gain control of IT spend with CostPerform.
Simplify IT financial management by eliminating silos and gaining visibility into your costs with powerful features:
- Benchmarking: Compare IT cost metrics and performance year-over-year to track progress and identify optimization opportunities (eg. TOC, CapEx vs OpEx, etc).
- Cost Flow Visualization: Use Object Navigator to visualize cost drivers, allocations, and dependencies across your tech stack.
- Chargeback and Showback: Apply the service catalog and Bill of IT to quantify consumption by tracking, reporting, and (optionally) billing other departments for their IT usage.
- Automated Reporting: Accelerate reporting cycles with department-specific publications through a secure, centralized data portal.
- Flexibility and Integration: Plug easily into key data sources (LIV, ADV, RDS, etc) and popular data visualizations tools like Tableau and PowerBI.
- IT–Finance rapport: Prioritize IT services and investments through shared accountability and building trust with the business.
Whether you’re looking to improve cost transparency, streamline reporting, or plan smarter IT investments, CostPerform equips your organization to lead with data, agility, and confidence.
Why CostPerform?
-
Diverse, Worldwide Client Base
Join leading organizations across Europe, the United States, and Asia using CostPerform to gain IT financial insights. - Technology Business Management (TBM): Integration By Design Implement a standardized framework that links business and technology spend through financial and operational tools, tailored to your organization’s needs.
-
Proven Value for IT teams
CostPerform's software brings a demonstrable ROI. With a quick time-to-value, and powerful capabilities to understand bottom-line profitability. -
Unrivaled Expertise in ITFM
CostPerform has 20+ years experience in implementing cost allocation solutions to IT teams and beyond, with experienced CostPerform consultants based in the US and Europe. -
Extensive Training and Support
We provide dedicated training through our CostPerform Academy, while our partners guide you seamlessly through the implementation.
Trusted by global IT leaders:
"The user-friendliness of CostPerform allows us to run saved calculations. It's fast. Let's the team focus more on value-added activities. It has provided greater transparency on our cost stacks which in turn has helped us better understand our cost base."
– British Telecom
How CostPerform Powers
Technology (IT) Teams Worldwide
Save costs and optimize resource usage
Identify value-drivers within your organization
Boost your IT-business alignment strategy
Drive IT finance decisions with real-time data
ITFM in Action with CostPerform
IT spend often exists in a blackbox within organizations. Without a data-driven approach, IT leaders are unable to justify costs, defend unit or service costs or identify inefficiencies. It becomes a challenge to measure IT consumption or value, now that’s changing!
CostPerform builds on the TBM framework to standardize IT cost structures, then goes further – offering cost transparency, faster and tailored reporting, actionable cost insights, resource optimization and a scalable model fit for complex, global organizations. Read how CostPerform helps turn IT financial management into a strategic advantage:
British Telecom
UK’s leading telecom provider leverages CostPerform to improve their ROI through their IT department and regulatory reporting needs. By replacing its previous costing system with CostPerform, BT significantly reduced calculation times and operational costs. As a major incumbent provider, BT sets a benchmark for efficiency and compliance in the telecom industry.
Read more about British Telecom »
United States Patent and Trademark Office (USPTO)
Headquartered in Virginia, USPTO is the federal agency responsible for granting U.S. patents and registering trademarks. They integrated CostPerform to bring speed, accuracy, and automation while staying TBM compliant to their financial operations. The agency now tracks their profitability by division, which aligns with governance requirements.
Other Use Cases
Cost Allocation
Gain clear visibility into your true cost to serve – whether it’s infrastructure, applications, or end-to-end IT services. Trace your costs back to internal customers (eg. HR, Marketing, etc) to identify inefficiencies, mispriced offerings and areas of overcapacity. With detailed cost breakdowns & insights, you can optimize your IT portfolio and make data-informed decisions.
Regulatory Reporting
Ensure IT costs are fully transparent, auditable, and compliant with internal and external regulations such as SOX, GDPR, and other industry standards. CostPerform supports defensible chargebacks across departments or regions with clear cost drivers. Meet regulatory deadlines efficiently and reinforce stakeholder trust through fair, consistent, reliable reporting.
IT Planning
Accurately plan and forecast your IT spend across infrastructure, cloud, and more. Use the right tools by CostPerform to adjust dynamic factors such as vendor pricing changes, usage spikes, or new tech investments. With detailed planning, continuous monitoring, and real-time insights, respond quicker to changes and improve overall financial performance.
Strategic IT Initiatives
Support lean initiatives and one-off IT projects, from automation pilots to cloud migrations and digital transformation, with in-depth financial analysis. CostPerform can model investment scenarios, analyze operational impacts, and quantify long-term savings to help validate financial viability and demonstrate business value.
Scenario Analysis
IT departments face constant changes in cloud pricing, vendor contracts and evolving business demands. You can test assumptions, adjust cost methodologies and track changes with precision by simulating financial scenarios before committing to decisions with our robust forecasting and strategic planning tools. Stay agile and aligned on business objectives with our enterprise-grade ITFM solution.
Allocation/Transfer Charges
Ensure fair and transparent allocation of IT costs across departments, business units or legal entities. Distribute costs accurately and automate internal transfer charging with precise cross-border Bill of IT and improved shared accountability. Streamline complex allocation processes to enhance operational efficiency, reduce internal disputes and maintain compliance across your organization.
Beyond standard ITFM: Link IT Costs to Business Value
CostPerform helps IT move beyond standard cost allocation – linking IT cost model to the business model. Whether you’re struggling to manage IT demand and supply to build detailed cost breakdown or optimizing resource planning, our platform adapts to your unique challenges.
Build a cost model that reflects your operating reality and turn complex to clarity!
British Telecom (BT) Case Study
Learn how leading IT teams are using CostPerform
In this case you will read all about:
- Integrated cost modeling for complex IT services
- Improved cost traceability and insight
- How we helped them handle volume and scale with ITFM needs
