Enterprise Chargeback
BluIQ Enterprise Chargeback: Bridging the GAAP between FinOps & Finance
Integrating chargeback into enterprise financial systems, with aligned enterprise charge accounts and general ledger. Whether your objectives are recovering IT costs, changing consumption behavior, controlling IT spend, ensuring equity in departmental billing, consolidating and streamlining data, or demonstrating the business value of IT, you need a solution that focuses on true consumption chargeback, ensuring that the true costs drive informed decision-making.
Cost-Recovery Driven IT Financial Management
Enterprise Central Service Chargeback & Cost Recovery that Includes Usage
To drive value from your shared services effectively, you need the ability to charge back departments and divisions for actual usage, from equipment to infrastructure to resources, with metered, usage and consumption-based billing models. This advanced solution efficiently manages the intricacies of allocating internal expenses and revenues, ensuring a fair and transparent process for every department.
Chargeback & Cost Recovery models: Support diverse billing models, including base, consumption, and resource charges.
Real-time Budget Control: Enable real-time chargeback & cost recoverys for budget adherence.
Legacy to Automation: Transition from legacy or paper systems to automation.
Data Integration: Seamlessly integrate data from various sources, even legacy ones.
Centralized Cloud Costs: Gain control over decentralized cloud expenses.
Efficiency: Save time and resources for shared services and agencies.
Streamlined Reconciliation: Implement accessible reconciliation and ensure your agencies are satisfied.
Streamline Interdepartmental Billing
When You Need More Than Just IT Financial Management
Blulogix Enterprise Chargeback is specifically designed to enhance internal cost recovery and streamline interdepartmental billing within large organizations.
Supports billing of all central services on a dollar-for-dollar basis.
GAAP compliant financial platform that supports integrated internal billing
Collects billing data from cloud service providers for flexible billing.
Customizable invoices to meet regulations and policies.
Supports billing issue resolution.
Provides similar functionality for data collection and validation.
Simplified Automated Enterprise IT Chargeback
BluIQ™: Automated, Integrated IT Chargeback & Cost Recovery for Efficient Enterprise Cost Recovery
BluIQ™ Chargeback streamlines the process of Enterprise IT chargeback , making it easier for Shared Services to recover IT cost, change consumption behavior and demonstrate the value of IT for department and business unit consumption of voice, cloud, desktop and other IT services.
Automate consumption of usage data from external systems and cloud service providers.
Either apply a charge to these services or to pass-through a vendor charge.
Address the need to automate the invoicing process to the disparate departments and operating units.
Provide visibility to departments and operating units via a dedicated portal for invoice validation and approval.
Enable the transfer of invoice approval to accounts payable.
More Than a Reporting Platform
BluIQ Chargeback is a Financial Platform that Supports Internal Billing
BluIQ’s user-friendly interface and cutting-edge analytics offer valuable, real-time insights into internal financial flows. This not only boosts financial precision but also bolsters interdepartmental relations by providing clear, accountable billing processes.
Collects billing data monthly from ITSM system.
Loads and reconciles usage data, managing service rates.
Presents bills to central services customers for payment.
Exports invoice details for financial accounting system integration.
Fragmented Processes in Enterprise Shared Services
Processes in enterprise shared services have become increasingly fragmented, facing challenges like cloud usage, multicloud environments, unsupported legacy systems, resource gaps, and limited flexibility to adapt and grow without development resources.
Streamlined Chargeback & Cost Recovery with BluIQ
BluIQ Chargeback & Cost Recovery offers an open, extensible, and flexible system that enables seamless allocation and management of vendors and contracts. It automates chargeback & cost recovery and cost allocation to Departments , reducing processing time, errors, and enhancing customer satisfaction.
Solving Challenges in Chargeback & Cost Recovery
Enterprise shared services often encounter obstacles in charging back for their services portfolio due to staff shortages, complex data, restricted legacy system access, or custom development needs. BluIQ Chargeback & Cost Recovery provides the solution.
Automated and Efficient Chargeback & Cost Recovery Process
BluIQ Chargeback & Cost Recovery leverages the BluIQ Cloud Extensibility Platform, enabling organizations to quickly and easily personalize their chargeback & cost recovery solution cost-effectively. Its model-driven platform and pre-built components reduce coding efforts.
Enhancing Customer Satisfaction
With BluIQ Chargeback & Cost Recovery, Departments benefit from an automated chargeback & cost recovery process that decreases processing time, improves accuracy, and ultimately increases customer satisfaction with shared services.
Building Best Practices Chargeback & Cost Recovery Solutions
BluIQ Chargeback & Cost Recovery empowers organizations to efficiently build integrations and experiences with its all-in-one customization framework, making it easier to create best practices chargeback & cost recovery solutions that meet specific business needs.
Essential for diverse IT objectives: cost recovery, behavior influence, spend control, equitable billing, data consolidation, and business value demonstration.
- Central Services Billing Suite
- Flexible Pricing Options
- Usage Data Reconciliation Management
- Customizable Invoice Generation
- Streamlined Billing Process And Integration
Supports billing of all central services, including labor, backup, colocation, mainframe, midrange, x86 compute, storage, enterprise email, mail hub, network, and pass-through of software renewals, voice, and other services on a dollar-for-dollar basis.
Collects billing data from cloud and other service providers, allowing for customer billing based on a percentage of usage or a fee for use, providing versatility in pricing.
Loads and allows the reconciliation of usage data, providing management features for the rates to be charged for each service, ensuring accuracy and control over billing.
Allows for customization of invoices to meet policy requirements, ensuring invoices are tailored to the specific needs of each customer.
Our solution streamlines billing for central services customers, providing easy payment processing, issue resolution, and seamless integration with your financial accounting system. Monthly data collection from Central Services ITSM system ensures efficiency.
Our Customers Love Us
Best Outsourced Billing for Mobility
Michael R.
President, Allnet Air Inc. - Telecommunications
BluLogix has been a great partner.
“Over the last several years, I have seen continual enhancements and additions to the platform. BluLogix has created a comprehensive solution for users. They provide great communication regarding upgrades and address concerns thoroughly and timely.”
Karen R.
Manager, Cloud Billing - Computer Software
Fantastic platform. Recommend!
Sara K.
Marketing, Graphic Design & Social Media Management - Marketing and Advertising
BluIQ Chargeback & Cost Recovery: Simplifying Complex Environments and Embracing SaaS Advantages
BluIQ delivers a robust platform designed to capture and allocate your entire program spend, no matter how complex your environment. Benefit from proven deployments with enterprise-grade customers and enjoy full automation and validation of ledger-based chargeback.
With BluIQ, you can achieve consistent processes across all departments and shared services organizations. Experience enhanced customer satisfaction at the department level, thanks to increased accuracy and decreased frustration. BluIQ enables billing of all central services, covering labor, backup, colocation, mainframe, midrange, x86 compute, storage, enterprise email, mail hub, network, and pass-through of software renewals, voice, and other services on a dollar-for-dollar basis.
Yes, BluIQ is designed to handle complex environments with ease. Its robust platform allows you to efficiently capture and allocate your entire program spend, no matter how intricate your IT landscape may be. You can rely on BluIQ’s proven deployments with enterprise-grade customers and the full automation and validation of ledger-based chargeback & cost recovery.
BluIQ’s Software-as-a-Service (SaaS) model offers multiple benefits. It provides faster speed-to-market, allowing you to quickly implement and start using the platform. With BluIQ available on AWS Marketplace, you can conveniently access it and take advantage of a 15-day free trial to experience the full potential of BluIQ’s user-friendly features and capabilities.
Enterprise Resources
BluLogix announces the launch of BluIQ Chargeback & Cost Recovery for Public Sector and Enterprise Shared Services
MCLEAN , VIRGINIA, USA, December 16, 2022 /EINPresswire.com/ — Today, BluLogix announces the general availability of BluIQ Chargeback & Cost Recovery for Public Sector and Enterprise organizations. BluIQ™ Chargeback & Cost Recovery streamlines the process of Public Sector and Enterprise IT chargeback & cost recovery, making it easier for Shared Services to recover IT cost, change consumption behavior and effectively and efficiently demonstrate the value of IT for department and agency consumption of voice, cloud, desktop and other IT services.
Leveraging Consumption Behavior Data in Public Sector ITFM: Moving from Cost Allocation to Value-Based Service Optimization
Government CIOs must go on the offensive to lead digital transformation by focusing on the transforming Shared Service Organizations (SSO) from Simple Cost Allocation to the Value Based Service Optimization.
Creating a Monetization Framework For Your Business
There’s little dispute that digital transformation has affected nearly every aspect of B2B commercial activity. Success in the digital economy requires that organizations move beyond traditional ways of doing business while accelerating market-facing responsiveness across all functional areas.