IT Financial Management
Analyse spend, quantify consumption and realise value.
What is 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.
What is the biggest ITFM challenge facing your company right now?
How It’s Value helps your business
With our expertise in IT-Financial Management (ITFM) we help you create business success by improving grip on the costs, quality and performance of your IT organization. At It’s Value we are experts in Technology Business Management (TBM), the Business focused view of ITFM. TBM provides IT and Finance leaders with granular transparency on technology costs, so they can make investment decisions within the context of broader business goals. We improve the alignment between IT, finance and the business and consequentially the creation of value for the organization.
Step by step
We start by mapping which improvements can be realized within the IT-Financial processes of your organization. Examples of financial processes that we can examine for you are budgeting, forecasting, cost price calculation and charging, but also Cloud cost management and benchmarking. We provide you with a roadmap for your organization with clearly defined steps regarding:
- How to improve decision making and to define actions for improvements
- How to improve your data quality so that reports and dashboards become more reliable
- How to achieve more transparency in IT-Finance
- What financial savings can be realised
Which challenge will be solved?
IT Finance Controller
Analyse and plan IT spend faster with insights and action plans that uncover optimization opportunities and drive spend accountability.
CFO / Chief Financial Officer
Reduce risk to the business and ensure the highest return on your technology investment.
CIO / IT Director
Increase IT financial awareness within IT by driving a continuous spend optimization process.