Irvine, CA (PRWEB) February 02, 2016
Today, CloudCover announced a new powerful solution to help manage IT budgets more efficiently to improve performance and increase ROI. In support of demanding workloads, the new CloudCover Budget Module gives managers the ability to budget, track and record equipment contracts for current and future dates. Data gathered from the tool can be used to drive revenue growth, giving both businesses big and small a significant edge.
“Our Budget solution is a logical extension of our very successful CloudCover Hybrid Maintenance Management solution. Budgets tie directly to the maintenance and support that IT manages, to it made perfect sense to add it as a powerful new feature,” said Roger W. Lindsay, President of CloudCover. “We are pleased with the response thus far and are constantly developing ways to enhance the overall CloudCover IoT solution suite.”
To reduce the amount of human error and maintain control, site administrators can grant different permission levels to each manager. Depending on their level of control, managers can add their vendors, products, renewal dates, types and terms, and link the contract details to that specific asset. Once assets are added, monthly budgets can be entered and compared to actual payments. Payment verification documents and PDFs can be saved through an uploading tool. Color-coded numbers inform managers if they are over or under budget. When budgets are created, the system automatically generates future budgets based on the percentage of increase managers put into the system. These reports can than be printed or exported to a local computer, allowing managers to share the information through their network.
“The IT landscape is shifting at an unbelievable pace with businesses handling more data and more traffic than ever before,” stated Jeff Huggins, CEO of CloudCover. “With best-in-class partners and support, CloudCover provides software to support a wide variety of maintenance management solutions, vital to companies around the globe.”
For the latest product news and announcements, connect with CloudCover on LinkedIn (http://www.linkedin.com/company/3884901), Twitter (https://twitter.com/getcloudcover) and Facebook (https://www.facebook.com/getcloudcover).
CloudCover is the leader in the emerging technology segment known as hybrid maintenance management (HMM). HMM is a strategy where IT organizations manage their maintenance portfolio much like a financial portfolio. After realizing that companies needed a means of facilitating HMM, CEO, Jeff Huggins and President, Roger Lindsay decided to create a software solution. From there, CloudCover was born.