IT Financial Management (ITFM)

  • Stop Running the Business of IT on Spreadsheets! IT Executives have over leveraged Spreadsheets to run the business of IT. Recent industry analysts research shows that IT Executives have over leveraged Spreadsheets to run the business of IT. This has caused a myopic view of costs and investments. The problem is that the labor intensiveness and the underlying complexity of Spreadsheet-based IT financial analysis ...
  • IT Service Costing, “A Proven Approach to Measure the Cost and Value of IT” Webinar Recording   CIO Knowledge Byte   This webinar will show you practical methods and concepts to accurately measure and manage the cost your IT organization’s Services. Learn how IT Leaders are: Establishing the true cost, value and usage of IT Services delivered to each Line-of-Business (LOB) Developing financial analytics to illustrate the value of IT Service vs. market competitiveness Implementing IT Service ...
  • What are Industry Analyst saying about KEDARit? Here are a couple of links to what IT Industry Analysts say about KEDARit and our SaaS Cost Optimization Service (COp-S™) Solution offerings. 451 Research Provides information technology research and timely insight into the competitive dynamics of innovation in emerging technology segments. Computer Economics Provides metrics for IT management. They conduct original research regarding the strategic and ...
  • 7 Essentials for Creating a S.M.A.R.T. Service Catalog Presenter: Charles Williams, IT Strategy Practice Leader Title: 7 Essentials for Creating a S.M.A.R.T. Service Catalog Abstract: The disconnect between business goals and IT priorities consistently ranks among the top three issues facing CIOs year after year. While the specific wording varies from survey to survey, the strong message is the same — business unit executives and ...
  • Five IT Service Costing Best Practices for Complex IT Organizations The concept of allocating the cost of IT services (commonly called “IT service costing”) is not new. Organizations since the 1980s have been doing zero-based budgeting, activity-based budgeting since the 1990s, and portfolio management since the 2000s. Today’s on-demand and pay per unit consumption business mentality present significant challenges to traditional IT organizations. This new ...
  • Kicking the 80/20 Budget Habit Perhaps no C-level position has undergone as many changes in expectations, approaches, and philosophies over the past decade as that of the Chief Information Officer. CIOs have never had such a glorious—and challenging—opportunity to deliver significant, enduring, and transformational business impact and customer value as they do today. But it’s not a job for the faint ...
  • Know Costs from IT Budget to Customer Value Today’s business executives are demanding that the IT organization provide greater IT cost transparency and consumption-based metrics. Why? To better understand the true value of IT. They know that cost transparency is critical, because it enables them to intelligently manage their consumption of IT services. Read More...
  • The Evolution of IT Financial Management  IT financial Management is interpreted as the practice of controlling the charging and or value of  IT investments and costs.  Like all other departments, IT too has been influenced by financial management, adopting the scope, rules and procedures defined by the organization’s Financial Department. Activities like asset management, budgeting, accounting, and charging have grown in the financial management department ...

 

 

  • KEDARit News Feed

    • Stop Running the Business of IT on Spreadsheets! ... 5 months ago
    • Turn Your ITSM Solution “paper tiger” into a Cost-Cutting Machine ... 7 months ago
    • HDI Houston: Financial Management for the Business Focused IT Executive ... 9 months ago
    • May HDI: Financial Management for IT Services ... 1 year ago
    • DFW HDI Meeting: Guest Speaker Charles Williams ... 1 year ago