IT Financial Management (ITFM)
IT Financial Management (ITFM) is the practice of analyzing, planning and optimizing the costs and investments of IT to ensure financial transparency, alignment of all IT spending with business objectives, and to communicate the value of IT to the business
ITFM sits alongside other enabling methods (ITAM, ITSM, FinOps) within the Technology Business Management framework – an industry-leading methodology designed to translate technology spend into organisational value.
