Software expenditure is one of the highest costs for IT departments of large international firms, frequently reaching between 30 to 40 percent of the total IT production budget. Because of the dynamic nature of IT (most recently including virtualization, pay-as-you-go models and cloud computing), these costs are not always managed as precisely as they should be.…

Until recently, governments at all levels have found the market for budgeting tools to be woefully inadequate. Accordingly, most governmental organizations continue to use cobbled-together, Frankenstein-like budgeting tools that, more often than not, rely on users to extract or re-enter data in offline spreadsheets to analyze budgetary policy proposals. Such tools are labor-intensive, inflexible, error prone, limited by the data collected and fail to provide timely, sufficient budgetary insight to optimize resource allocation.…