1. Efficient Cost Allocation: By using this template, you can accurately allocate IT costs to the respective departments or projects, ensuring fair distribution of expenses.

2. Transparency and Accountability: With detailed information on service descriptions, unit of measure, and allocated costs, you can enhance transparency and accountability in your organization's financial management.

3. Budget Optimization: By tracking and analyzing IT costs through this model, you can identify cost-saving opportunities, optimize your budget, and make strategic decisions to improve cost efficiency.