Gartner Research

The CIO's Guide to Using Financial Planning and Analysis for Cost Transparency and Vendor Cost Optimization

Published: 29 May 2018

ID: G00352324

Analyst(s): Jo Ann Rosenberger

Summary

CIOs can improve cost optimization of technology acquisition spend by expanding the knowledge across IT of how and why to engage IT finance to analyze vendor proposals. Engaging IT finance to create financial models will reveal the total cost and P&L impact when analyzing vendor pricing options.

Table Of Contents
  • Key Challenges

Introduction

Analysis

  • Initiate IT Finance Engagements to Educate IT and Procurement
  • Ensure Procurement Processes Include IT Finance Collaboration

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