Gain full visibility and control over your IT spend.
Optimize budgets, manage vendors, and align technology investments with business priorities. TEK’s, IT Spend Management Application built on SAP Analytics Cloud (SAC) and SAP Business Technology Platform (BTP) gives enterprises a unified view of costs, contracts, and utilization to drive smarter IT decision-making.
Key Capabilities
Comprehensive IT Budgeting
Consolidate IT costs across hardware, software, cloud, and services. Plan budgets by business unit, project, or category.
Vendor & Contract Management
Centralize vendor data, track contract renewals, and analyze supplier performance and spend concentration.
Cloud Cost Optimization
Connect to hyperscaler billing data (AWS, Azure, GCP) to analyze consumption trends, right-size usage, and forecast future spend.
Scenario Planning & Forecasting
Run what-if analyses to assess the financial impact of new technology initiatives or vendor negotiations.
Chargeback & Cost Allocation
Automate allocation of shared IT costs by department, cost center, or project, ensuring transparency and accountability.
Performance Dashboards
Interactive dashboards for CIOs, Finance, and Procurement to track KPIs like cost savings, spend variance, and vendor compliance.
Why TEK’s Solution
Prebuilt Data Models
Quickly integrate with SAP S/4HANA, SAP Datasphere, and other ERP/ITFM systems.
Automated Workflows
Simplify approvals, renewals, and budget cycles with configurable notifications.
Benchmarking & Insights
Compare spend efficiency across vendors, departments, or service categories.
Audit-Ready Transparency
Maintain full traceability of spend assumptions, versioning, and approvals..
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How It Works
1. Aggregate Data
Pull spend data from ERP, procurement, and cloud billing systems into a unified data model.
2. Plan & Simulate
Build multi-year IT budgets and forecasts, adjusting for inflation, vendor price changes, and consumption patterns.
3. Allocate & Approve
Route budget proposals and chargebacks through role-based approvals with built-in audit controls.
4. Monitor & Optimize
Track performance vs. plan, identify savings opportunities, and highlight contracts nearing renewal.
5. Analyze & Report
Deliver actionable insights through SAC dashboards and self-service analytics.
Architecture Overview
Presentation & Planning:
SAP Analytics Cloud (stories, models, workflows).
Integration & Data Services:
SAP BTP Integration Suite, CAP Services, APIs for external sources.
Data Foundation:
SAP Datasphere or BW/4HANA with harmonized vendor and spend master data.
Security & Governance:
Role-based access, SSO, audit trails, data lineage.
Role-Based Value
CIOs & IT Leaders
Gain visibility into total IT spends and vendor risk; align investments to business strategy.
Finance Teams
Automate budgeting, forecasting, and reconciliation across IT cost categories.
Procurement
Optimize vendor performance and contract renewals; negotiate smarter deals.
Business Units
Understand allocations, usage, and chargebacks transparently.
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Implementation Timeline
Weeks 1–2:
Discovery & blueprint—define KPIs, data sources, and integration scope.
Weeks 3–5:
Data modeling, connection setup, and dashboard configuration.
Weeks 6–8:
Workflow automation, UAT, and training.
FAQs
Is this application customizable?
Yes. TEK tailors models, KPIs, and workflows to your ITFM and procurement processes.
Does it support non-SAP data sources?
Yes. Connect cloud billing, third-party procurement, and contract systems via SAP BTP integration services.
Can it handle multi-currency or regional setups?
Yes. Built-in currency conversion and region-based reporting for global organizations.
Who are the primary users?
CIOs, IT Controllers, Finance Analysts, and Procurement Managers.