ITAM / SAM & FinOps

We support you in the introduction and implementation of IT Asset Management, Software Asset Management and FinOps in your company with our expertise.
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The integration of IT Asset Management (ITAM) and FinOps Consulting represents a comprehensive strategy aimed at maximizing the efficiency and security of IT operations while optimizing the associated costs. The two disciplines complement each other and offer organizations the opportunity to take a holistic approach to managing their IT resources and finances. The topic of sustainability in IT is also becoming increasingly relevant alongside the rise in cloud costs. Our experts are also happy to support you in the implementation of Green IT.

ITAM & Compliance

IT asset management is crucial for an efficient IT strategy. By comprehensively managing the entire lifecycle of hardware, software and licenses, ITAM not only helps to minimize costs and risks, but also to optimize the performance of IT resources. A key benefit of ITAM is its support in meeting compliance requirements imposed by various regulatory authorities and software manufacturers. This avoids fines, legal disputes and potential reputational damage.

In addition to proprietary software products, we can also provide comprehensive support for open source license models.

FinOps Consulting & IT Cost Optimization

In parallel is FinOps, an approach that brings together finance and IT teams to efficiently manage and optimize cloud spend. FinOps aims to improve the transparency and management of IT costs arising from the use of cloud technologies. This is achieved by implementing best practices and KPIs that enable precise tracking and optimization of cloud spend.

Synergies between ITAM and FinOps

The synergy between ITAM and FinOps stems from the common goal of increasing visibility and control over IT spend while ensuring compliance and performance. ITAM provides the basis for a detailed inventory and assessment of IT assets, which is a critical prerequisite for effective FinOps. By ensuring that each asset is properly licensed, used and maintained, ITAM lays the foundation for FinOps to identify potential savings and optimize the total cost of IT usage, as well as save CO2. 

Our services

We offer 360-degree support in the areas of ITAM and FinOps, which includes the following services:

  • Thorough analysis of your ITAM and cloud cost situation to identify weaknesses, potential and optimization opportunities.
  • Customized ITAM strategies and FinOps solutions, tailored to your business goals, requirements and budget.
  • Professional implementation and integration of ITAM tools and FinOps processes into your existing IT infrastructure.
  • Continuous monitoring and optimization of your ITAM processes and FinOps practices to improve efficiency, security, compliance and cost effectiveness.
  • Qualified advice and training on ITAM best practices and FinOps strategies, standards and trends.
  • Audit Defense
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Our general approach

Our approach is based on a best practice approach that includes the following steps: 

  • We understand your business goals and requirements  
  • We survey and assess your current cloud landscape and cost structure  
  • We work with you to develop a tailored FinOps solution that fits your organization and cloud model 
  • We support you in the implementation of the FinOps solution and accompany our customers during application and monitoring 
  • We evaluate the results and benefits of the FinOps solution and provide continuous feedback and suggestions for improvement 

Our experts

Simon Pletschacher
Team Lead SAM, ITAM & FinOps TIMETOACT Software & Consulting GmbH
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Frank Milioto
Business Unit Manager IT Asset Management TIMETOACT Software & Consulting GmbH
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Our service platforms and technology partners

Our services are supported by a variety of technology partners and platforms, including Flexerea, Snow, Xensam, Matrix42 and more.

Further information

Contact us now!

We would be happy to advise you in a non-binding conversation and show you the potential and possibilities of FinOps Consulting & IT Cost Optimization . Just leave your contact details and we will get back to you as soon as possible.

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TIMETOACT GROUP becomes patron of ITAM Forum

As part of the cooperation, TIMETOACT GROUP now also offers companies comprehensive consulting services for IT Asset Management certification ISO/IEC 19770-1

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McKesson: Spend Management cuts software costs by 15%

McKesson's plan to significantly optimize its software spend and make its financial planning more transparent and efficient paid off: Thanks to the strategic consulting and services provided by TIMETOACT's spend management team, the company achieved savings of 15% with one of the largest software manufacturers and at the same time reduced the allocated risks by 89%.
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HDI AG receives ITAM certification ISO 19770-1

With the help of TIMETOACT GROUP, HDI AG is the first consumer company worldwide to receive ITAM certification according to ISO 19770-1.
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TIMETOACT becomes OpenChain Partner

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