Department Cost Allocations

Determine how much each department spends on cloud software and allocate them a portion of the budget accordingly.

department-allocations_manual
cost-allocations

Easily manage reports.

Accurately report cloud software expenses per department.

Detailed reporting allows Finance to analyze the true cost of each department and determine if their cloud software expense is in line with the department P&L.

Determine whether each department should have a set budget for their cloud software spend or a dynamic and fluid one.

Take control of what you are spending and set an accurate budget.

Take control of your overall Cloud Software spend.

You are far better off creating an individual budget for each department and closely monitoring it using SubCentral’s Department Cost Allocations tools.

box-parachutes

Replace error-prone spreadsheets with real-time data.

Stop wasting time by constantly pulling and inputting financial data pertaining to your cloud software subscriptions. Easily pull reports when you need them.

department-allocations-card
jay-chair
blog-sitting-in-black-chair

Department Cost Allocations: Accurate Financial Data

Accurate financial reporting allows you to understand what is being spent on cloud software, per department.

Department cost allocations provide
in-depth information

department-allocations_manual

Obtaining higher levels of financial information.

Accurately report cloud software expenses per department.

Once you have retrieved initial data, you can include cloud software cost in your overall department budgets and financial reports.

Set dynamic or static department allocations.

Set expectations and communicate that information with each department and team. You can then send out monthly or quarterly reports so they understand where they are in relation to their allocated budget.

Replace error-prone spreadsheets with real-time data.

You will gain access to financial reports in real-time, without ever opening excel. Anyone in management can see where the company is at with their cloud software spend, without asking Finance to pull the report.

Accurately report cloud software expenses per department.

Once you have retrieved initial data, you can include cloud software cost in your overall department budgets and financial reports.