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IT Finance Management
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Target spending on what counts for business with more analytical IT Finance Management.
Capturing IT costs merely as general overhead keeps the enterprise from truly understanding IT’s contribution to the business, hindering identification of savings potential that could free up financial resources for innovation for business and IT. IT Finance Managers need the means to assess IT spending as it relates to specific business initiatives.
In mapping costs to architectural elements and then aggregating them in various combinations that are relevant to the business, IT can achieve a clear understanding of costs and a defendable position against the preconception that IT organizations don’t understand financial planning issues. IT Finance Management issues covered by planningIT are application TCO, budgeting and value-of-IT financial management.
With planningIT, alfabet provides:
- Transparency of full application lifecycle costs
- Capability-driven portfolio analysis
- Business-aligned IT budgeting and control
planningIT’s cost management features provide better transparency of IT cost drivers, faster reaction to priority changes and optimized budget allocation.
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- Capture current and planned operating and project costs
- Analyze trends in the cost structure
- Adjust portfolios to support cost reduction efforts
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Sample project for IT Finance Management.
Learn how Credit Suisse, a global investment and private bank, establishes effective IT finance management processes to optimize costs and investments.