Business Groups
Business Views through Newvem’s Business Groups in a Glance
Users throughout our Beta process asked Newvem to provide the ability to tie infrastructure elements to their business units, activities, entities, projects, services and other business associations.
We listened to our users and are rolling out the first phase of our Business Views capabilities that tie Cloud infrastructure consumption with “the” Business.
What can you do with Newvem’s Business Groups
Internal Business Views - see your Cost Centers, business units, P&L structures within your organization and the actual consumption of the associated Cloud infrastructure. Be able to track, account and analyze their precise usage and spend. Align your Revenues with your Costs, see how you can increase margins and profits form this correlation
External Business Views – Tie your usage to specific customers, products and services and see the actual relationship between Demand and Supply. Have demand trigger usage to increase revenues and maximize profits.
Granular Business Views – Create groupings of activities and projects for cost and managerial accounting effort to be able to understand the actual costs of your business activities such as the Cost to manufacture your products, projects, services.