IT Cost Allocation Assessments

The strategies and tactics for cost allocation can hold significant consequences for an organization. Cost is a major factor in decision making and being able to effectively and accurately charge back those costs to a business unit can be difficult. In the private sector, allocating costs inappropriately can result in higher than necessary taxes or varied profitability amongst entities or business units. In the public sector, grant monies can often depend upon proper cost allocation.

Dvergence Corporation stands ready to assist in developing and evaluating cost allocation tactics and processes for IT assets that conform to your strategies. We can help perform the following:

• Identify application tracking and performance gaps
  
  
• Outline key risks associated with the overall asset program – applications, integration and the performance of Activity Based and Client Cost Allocation Accounting focused primarily on quality of asset information/costs and allocation capabilities
  
  
• Perform an independent review of your costing systems, focused on the asset inventory including capturing, classification, cost allocation and the internal billing capabilities
  
  
• Identification of process improvement opportunities and inadequate controls
  
  
• Recommending leading practices