How CIOs Can Do IT Financial Management Without an IT CFO


Published: 29 November 2018 ID: G00373207

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Summary

While every organization needs effective IT financial management practices, small and midsize enterprises unable to employ IT CFOs are at a disadvantage. This research provides guidelines on how CIOs can achieve the most from ITFM practices without a dedicated IT financial management role.

Table of Contents

  • Introduction
    • Requisites to Effective ITFM in a Small IT Organization
  • Analysis
    • Understand Your Existing ITFM Capabilities and Major Gaps
    • Build a Solid Set of Financial Reports
    • Improve Your Investment Planning Process
    • Build a List of IT Services in Client Terms
    • Benchmark IT Spend Using the Gartner ITBudget Assessment
      • Optimize Cost and Value
      • Show IT’s Contribution via a CIO Scorecard
    • Conclusion
  • Gartner Recommended Reading
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