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Empower your cost centre owners with IT budgeting that is transparent, simple and cost centre driven.

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YäRKEN for Finance

If you are in Finance, dealing with IT spend is time-consuming and opaque making it difficult to hold cost centre owners accountable for run costs.

You need: Trustworthy data for Charges and Recovery & Accurate and timely financial reporting.

Typically you are doing activities like:
  • Financial reporting, including budget, forecast, actuals, variance and trending.
  • Understanding and explaining variance from plan.
  • Closing the books.
  • Define and defend IT allocations and chargeback processes.
  • Executive reporting for IT investments.
  • Drive budget development and reconciliation.
YäRKEN’s SaaS platform will enable you to:
  • Have the financial details you need to quickly respond to questions from the business.
  • Confidently respond to senior leadership questions regarding trends, variances and projections.
  • Have insight into the ratio of fixed vs variable expenses across IT departments and your entire organisation.
  • Enable you to isolate questionable financial data and errors if they arise.
  • Hold IT leaders responsible for spend versus budget.
  • Ensure Vendor spend aligns with budget.
  • Proactively manage contract terminations and renewals.
  • Identify redundant vendor spend and potential spend reductions.

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