MicroTech, a leading provider of Information Technology, Network and Telecom products, services and solutions to Federal, State, and Local Government Agencies, announced it has entered into a strategic partnership with CostPerform, a leading cost management tool used for output costing, IT costing, performance and scenario analyses, capacity analyses, financial analyses, mission costing and Budgeting and Forecasting. CostPerform is also the ideal solution for a specific accounting framework called Technology Business Management (TBM), which has been mandated by the Office of Management and Budget (OMB) for all IT spending flowing through federal agencies.
Because of its superior functionality, ability to link to the mission (and business) side of an organization, very reasonable pricing as well as the availability of a pre-defined TBM template, CostPerform has become the tool of choice for TBM. Not only does CostPerform include the TBM taxonomy from the TBM Council, but it also gives you the flexibility to get the most out of your costing tool and make balanced management decisions.
For mission costing CostPerform is used at dozens of agencies in multiple departments such as DoD, DHS, Commerce, Department of Education, Agriculture, and Department of Labor. CostPerform’s flexibility allows these organizations to model their very different processes, outputs, and outcomes and be able to link it with TBM.