Proven IT Finance Information

What Is ITFM? A purposeful, intentional, and pragmatic approach to ITFM has never been more critical. Whether you call it ITFM, ITBM, TBM, ITFBM, IT financial management is about recognizing the unique cost dimensions of IT. IT is now pervasive across every dimension of every business. IT is integral not only to current operations of an organization, but the future of that organization as well. As business dependency on IT grows, the expectation that IT can effectively and concisely connect the dollars spent to the value delivered is quickly becoming table stakes. Successful IT Financial Management optimizes IT costs and drives IT value by linking business decisions to IT cost drivers. Historically, traditional asset and expense management techniques have been used to manage IT costs. These traditional financial processes consistently fail to provide tangible linkage between business decisions and IT costs. Today's companies need an ITFM process that enables them to: -Explain, quantify, and predict IT costs -Create intelligent, metric-based strategies -Leverage IT assets as efficiently as possible -Smartly manage the IT of today while investing in the IT of tomorrow Often referred to as "transparency"​, the analysis of relationship between business decisions and IT expenses has become critical to long-term success. Start your purposeful, intentional, and pragmatic ITFM journey today. Contact us today and find out how our unique process will help you explain, predict, and even reduce your IT costs.