Best IT Financial Management Software

Compare the Top IT Financial Management Software as of July 2025

What is IT Financial Management Software?

IT financial management (ITFM) software, also known as technology business management software, is a type of software designed to help organizations manage their technology budgets. The software provides an interface for budget planning, tracking expenses, and technology cost management. It can also be used to generate reports on cost savings, identify cost overruns, and optimize asset utilization. Additionally, the software helps IT departments understand where their resources are being allocated and how they can get the most out of their investments. Finally, IT financial management software makes it easy to stay within budget by allowing users to plan ahead and monitor spending in real time. Compare and read user reviews of the best IT Financial Management software currently available using the table below. This list is updated regularly.

  • 1
    Setyl

    Setyl

    Setyl

    Setyl is a cloud-based IT asset management platform (ITAM) that combines hardware and software asset management in one. The platform seamlessly integrates with 100+ IT systems, including MDM, RMM, IDP, SSO, HR, finance, helpdesk tools, and more. Use Setyl to gain full visibility and control over your IT assets, SaaS applications and licenses, users, vendors and spend in one place — helping you: ✓ Streamline and scale your IT operations, including employee onboarding and offboarding. ✓ Identify and eliminate wasted IT spend. ✓ Safeguard against compliance risks and prepare for your audits, including ISO 27001 and SOC 2. The user-friendly interface requires little to no learning curve, making it easy to use and implement, and to collaborate with people across your organization. Features include: asset and license register, full asset lifecycle management, app renewal management, employee on/offboarding, shadow IT detection, vendor audits, and IT spend reporting.
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  • 2
    UMT360

    UMT360

    UMT360

    UMT360’s Strategic Portfolio Management solution provides the critical portfolio management capabilities that most organizations are currently missing. UMT360 ensures that the right top-down business planning and controls are in place to help you model and analyze all aspects of your portfolios, align all investments with strategy and accelerate business transformation. Our unique approach helps clients incrementally deploy the specific capabilities needed to attain visibility, gain insight and establish the enterprise connections needed to improve decision-making and accelerate business transformation. Key capabilities include: • Governance Controls Across Any Portfolio • Demand & Innovation Management • Budgeting & Forecasting • Resource Utilization & Management • Outcome Management • Strategic Portfolio Analysis • Roadmapping & Release Management • Business Intelligence & Metrics
  • 3
    Turn it Off

    Turn it Off

    Turn it Off

    Turn it Off is a low barrier, light-touch FinOps platform designed to help you instantly reduce cloud costs and carbon emissions. With Turn it Off you can easily 'turn off' any non-production cloud environments and resources when they’re not in use. Some of the main features are: - Intelligent latency detection: automatically turn off unused non-production environments and resources, so there’s minimal need for manual intervention. - Empowering Business Users: we put control in the hands of non-technical users, making cloud management easy for everyone—not just IT professionals. - Real-Time Dashboards: our live dashboards give full transparency into cloud costs and carbon savings, supporting your sustainability goals. - Cloud Agnostic: whether you’re using AWS, Azure, or GCP, Turn it Off integrates seamlessly across different providers. And what’s more, you can group by application to minimize overhead.
  • 4
    QarbonEX

    QarbonEX

    Qarbon Technologies

    Optimize your data center infrastructure costs with QarbonEX. Our automated auditing solution identifies unutilized resources and areas for cost savings, while our unified resource management platform standardizes provisioning and decommissioning workflows across teams and systems. QarbonEX automates routine audits across your data center invoices, assets, and infrastructure data to identify areas for cost savings and optimization. Identifies invoice errors, overcharges, and billing discrepancies. Centralizes data from multiple providers and locations for comprehensive auditing. Provides actionable insights to reduce wasteful spending. The QLink Portal enforces operational discipline with a unified workflow for provisioning, managing, and decommissioning data center resources seamlessly. Bridges operational silos across teams and systems. Improves integration and visibility into resource lifecycle. Facilitates collaboration and oversight on resource changes.
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