IT Contract Management Module to eliminate your Excel chaos

Helps you to be foresight and in control with your planning and follow-up on it costs, invoices and contracts. All designed in a specialized, modern, integrated and user-friendly standard module.
A module for automate consolidation of planning lines, budgeting, forecasting and analysis – fixed price and fast implementation.

Cost monitoring for business

Qbit’s Contract Management solution, seamlessly integrated within the Jedox platform, offers a comprehensive approach to cost monitoring for businesses.
This solution eliminates the need for countless Excel spreadsheets, providing a centralized platform that enhances financial oversight.

Accurate and adaptable financial planning

In practice, the system operates by creating planning lines with expected costs, which are stored in the planning cube.
These expected costs are then reflected in the budget. When an invoice arrives, surpassing the budgeted values with the actual figures that need to be settled, the actual invoice data is captured in the invoice cube.
Based on these actuals and the originally budgeted values, a forecast is generated for the remainder of the period. This dynamic process ensures that financial planning remains accurate and adaptable, providing businesses with a real-time overview of their expenditure patterns.

Dynamic comparison between actual and budget

Additionally, our Contract Management solution allows for a direct comparison between the actual expenditure and the initially budgeted values.
This enables businesses to identify and analyze discrepancies, providing valuable insights into cost management and helping them make informed decisions to optimize their financial strategies.

Integrated overview of planning lines and invoices

Furthermore, the solution provides an overview of the created planning lines and invoices, streamlining the tracking of financial data and enhancing transparency in the management of contracts and expenses.
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