M-PWR is an enterprise-wide IT financial management application used for IT chargeback, cost visibility, budgeting and forecasting. M-PWR’s unique dynamic data model allows administrators to determine both the structure and content of the database. M-PWR includes a superior web-based reporting platform with intuitive administration.
M-PWR provides a comprehensive set of chargeback functions to support many different chargeback methodologies including resource-based, subscription-based, fixed cost, distributions, allocations, pass-thru and adjustments.
The software is delivered with two components. A Microsoft Windows client-server application is used for product administration and web site content management. The second component is a web-based application used for reporting, charting, budgeting and forecasting.
The M-PWR Windows client-server application performs all administrative functions and data manipulation for the database. The database stores utilization, revenue, expense, budget and forecast data. Data modeling features are used to control the content and structure of the database. Users can augment the product data model to include business and organizational elements such as business units, lines of business, account codes, cost centers, project codes and control/validation elements… These elements are fully integrated throughout the database.
M-PWR also provides batch scripting and automation features to automate common tasks and monthly processing. These features allow for automatic updates to the database whenever interface files are updated, rather than waiting for a manual process.
M-PWR provides over 100 prebuilt functions to enable an implementation that is both Sarbanes-Oxley compliant and ITIL compatible. Audit features retain historical versions of input data, definitions, algorithms and processing logic. Transaction level logging and audit reports track data changes and the use of product functions.