Overview

INSIGHT's groundbreaking approach to contract and spend management is based on a fundamental goal: simplifying complexity.

With IT and telecommunication expenses for large enterprises running millions of dollars a month, understanding how to identify, control and manage your assets and services can mean dramatic cost savings.

INSIGHT delivers the following key benefits:

Reduces IT and Telecommunications Spend – Customers significantly reduce their overall IT and Telecommunications costs by:

• Identifying and cancelling services not in use
• Correctly applying negotiated rates
• Optimizing services
• Correlating cancelled services with the billing data and additional areas.

Enhances Financial Management of IT and Telecommunications Spend – INSIGHT tools enable you to more efficiently manage your IT and Telecommunications budgets and forecasts. Trigger-based exception reporting (based on business rules) allows you to flag potential issues and gives immediate visibility to management.

Improves IT and Telecommunications Vendor Management – INSIGHT's up-to-date, detailed analysis of your IT and Telecommunications spend provides the knowledge needed to greatly improve negotiating and management of all your supply contracts.

Return on Investment – Typically, Enterprises see significant savings during the first year and continue to enjoy substantial ongoing benefits.

Automates Cost Allocation – IT and Telecommunications costs are automatically allocated (based on your cost allocation business rules) directly to the General Ledger. This both improves accuracy and increases productivity.

End-to-End Management – INSIGHT manages the complete process -from the initial procurement of an asset or vendor service to the retirement, replacement or disconnection of unnecessary services. INSIGHT provides a comprehensive, uniform inventory of all your IT and Telecommunications assets and services.

Simplifies Restructuring – The process of capturing and managing the correct granularity of information ensures a smoother transfer/reallocation of the IT and Telecommunications aspects of any future restructures or organizational changes. It also provides greater visibility and control of the process.

Configures for your Business - Not all businesses are alike. INSIGHT enables you to meaningfully configure and customize the system to your business and to define unique business rules.

Influences Behaviour – By providing detailed information on usage of services directly to the business unit, managers are able to influence user behavior.

Ease of Use - The Microsoft Windows interface and intuitive menus are easy to use. Consequently, minimal training is required, which leads to higher user adoption rates.

Local Support - INSIGHT is supported locally, enabling face-to-face personal contact and ensuring that issues are resolved quickly, resulting in superior levels of customer service.

Key Performance Indicators – Management at all business levels gain insight into expenditures through a specific range of specific key performance indicators. This information enables management to better control key business assets and realize greater savings.

Identifies Record/Billing and Invoice Anomalies - Reduce the time and cost involved in manually validating IT and Telecommunications records via our automated bill reconciliation features. Anomalies are automatically identified and tracked to enable investigation and resolution.

Improves Productivity/Reduces Staffing – INSIGHT automates many processes currently being done manually, freeing staff to undertake higher value tasks.