IT Financial Management (ITFM) software is a technology solution that helps organizations plan, monitor, and optimize IT costs effectively. These platforms offer functionalities such as budgeting, forecasting, cost allocation, chargeback/showback, and financial reporting. ITFM software integrates with ERP, ITSM, and cloud environments, providing a centralized view of IT spending ac... https://altios.ai/blog/post/service-based-costing-a-smarter-path-to-itfm